May 21, 2022

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Li Auto Inc. March 2022 Delivery Update | Business News

BEIJING, China, April 01, 2022 (Globe NEWSWIRE) — Li Car Inc. (“Li Auto” or the “Company”) (Nasdaq: LI HKEX: 2015), an innovator in China’s new electricity car or truck marketplace, right now declared that the Enterprise sent 11,034 Li Ones in March 2022, up 125.2% year more than year. This took the Company’s 1st quarter deliveries to 31,716, symbolizing a 152.1% year-about-yr enhance. The cumulative deliveries of Li Just one achieved 155,804 since the vehicle’s market place debut in 2019.

“We will unveil our entire world-course flagship wise SUV L9 for spouse and children buyers on April 16. The L9 features our completely self-created range extension program, chassis command system, and central automobile domain controller, empowering its remarkable dynamic functionality and drivability. Furthermore, the L9 features luxurious seats, a higher-functionality audio program, and an all-new a few-dimensional interactive environment, furnishing our users with an marketplace-foremost smart interactive practical experience. By adopting sophisticated autonomous driving sensors and a computing system within its normal configuration, each usually uncovered in motor vehicles priced around a million Renminbi, the L9 is able of all-scenario Navigation on ADAS (NOA), generating a safer, much more hassle-free and extra cozy experience for loved ones consumers.” Yanan Shen, co-founder and president of Li Automobile, commented, “Our over-all production has been impacted by the lack of selected auto pieces ensuing from the resurging COVID-19 conditions lately in the Yangtze Delta area. We continue to just take steps to guarantee offer and safeguard output, aiming to shorten the waiting around time of shipping and delivery to our consumers.”

As of March 31, 2022, the Organization experienced 217 retail stores in 102 towns, as effectively as 287 servicing facilities and Li Car-approved human body and paint retailers functioning in 211 towns.

About Li Automobile Inc.

Li Automobile Inc. is an innovator in China’s new electrical power auto industry. The Organization designs, develops, manufactures, and sells premium sensible electrical autos. Its mission is to generate residences on the move that deliver joy to the whole relatives (“创造移动的家,创造幸福的家”). As a result of innovations in products, engineering, and organization design, the Corporation delivers households with harmless, practical, and refined solutions and expert services. Li Auto is a pioneer to successfully commercialize extended-variety electrical automobiles in China. Its very first model, Li A person, is a 6-seat, big top quality wise electric powered SUV. The Business begun volume generation of Li One in November 2019 and launched the 2021 Li Just one in Could 2021. The Corporation leverages engineering to generate worth for its customers. It concentrates its in-home improvement endeavours on its proprietary assortment extension program, subsequent-era electric powered vehicle technologies, and intelligent auto answers. Over and above Li One particular, the Company will expand its product line by creating new autos, which include BEVs and EREVs, to target a broader shopper base.

For additional details, please pay a visit to: http://ir.lixiang.com.

Harmless Harbor Statement

This push release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. These forward-searching statements can be discovered by terminology these kinds of as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and related statements. Li Auto may also make penned or oral ahead-looking statements in its periodic stories to the U.S. Securities and Exchange Fee (the “SEC”), in its annual report to shareholders, in push releases and other penned elements, and in oral statements built by its officers, administrators, or staff to 3rd events. Statements that are not historical specifics, like statements about Li Auto’s beliefs, programs, and expectations, are ahead-hunting statements. Ahead-looking statements involve inherent challenges and uncertainties. A quantity of factors could result in precise success to differ materially from these contained in any forward-wanting assertion, together with but not minimal to the subsequent: Li Auto’s strategies, long term business progress, and fiscal condition and benefits of functions Li Auto’s restricted functioning heritage risks associated with prolonged-selection electric powered autos Li Auto’s capability to create, manufacture, and deliver motor vehicles of substantial high-quality and charm to buyers Li Auto’s capacity to generate optimistic income flow and profits product flaws or any other failure of automobiles to conduct as envisioned Li Auto’s skill to contend correctly Li Auto’s potential to make its manufacturer and endure unfavorable publicity cancellation of orders for Li Auto’s vehicles Li Auto’s capability to establish new autos and variations in consumer desire and federal government incentives, subsidies, or other favorable government policies. Additional details with regards to these and other risks is provided in Li Auto’s filings with the SEC. All information delivered in this push release is as of the day of this push release, and Li Vehicle does not undertake any obligation to update any ahead-looking statement, besides as necessary underneath applicable legislation.

For investor and media inquiries, please speak to:

Li Automobile Inc.

Investor Relations

Electronic mail: [email protected]

The Piacente Team, Inc.

Yang Tune

Tel: +86-10-6508-0677

Electronic mail: [email protected]

Brandi Piacente

Tel: +1-212-481-2050

E mail: [email protected]

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