Strong Vehicle Deliveries
Li Auto delivered over 92,000 vehicles in the first quarter of 2025, marking an increase of 15.5% year-over-year. The company maintained a strong market presence with a 14.1% share in April.
Revenue and Market Leadership
The company achieved total revenues of RMB25.9 billion, with significant growth in the RMB200,000 and above NEV market in China, growing at twice the market rate.
Product Innovation and Launch
Launch of new models like Li MEGA Home and new Li L Series, featuring advanced technologies such as NVIDIA's Thor-U chip and ATL LiDAR sensors. Li MEGA Home accounted for over 90% of orders with a strong backlog.
Supercharging Network Expansion
Li Auto operates 2,350 supercharging stations and plans to increase this to 4,000 by the end of the year, covering extensive urban and highway networks.
Net Income Growth
Net income for the quarter was RMB646.6 million, up 9.4% year-over-year, despite a quarter-over-quarter decrease.