BEIJING, China, Jan. 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that the Company delivered 50,353 vehicles in December 2023, up 137.1% year over year, and successfully achieved its monthly delivery target of 50,000 vehicles. This brought the Company's fourth quarter deliveries to 131,805, up 184.6% year over year. Total deliveries in 2023 increased by 182.2% year over year to 376,030. As of ...

BEIJING, China, Dec. 31, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced an update on the rollout plan of its high-tech flagship family MPV, Li MEGA. The Company currently expects to officially launch Li MEGA on March 1, 2024 and to commence deliveries in early March 2024. About Li Auto Inc. Li Auto Inc. is a leader in China's new energy vehicle market. The Company designs, develops, manufactures, a ...

Li Auto, Inc. (NASDAQ:LI) Q3 2023 Earnings Conference Call November 9, 2023 7:00 AM ET Company Participants Kobe Wang - Head, Capital Markets Xiang Li - Founder, Executive Chairman & CEO Tie Li - CFO & Executive Director Donghui Ma - President & Executive Director Liangjun Zou - Senior VP Conference Call Participants Tina Hou - Goldman Sachs Group Jiong Shao - Barclays Bank Yingbo Xu - Citic Securities Ming-Hsun Lee - Bank of America Merrill Lynch Tim Hsiao - Morgan Stanley Jing Chang - CICC Operator Hello, ...

Exhibit 99.1 ...

Li Auto Inc. (NASDAQ:LI) Q2 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants Janet Chang - Investor Relations Director Xiang Li - Chairman and Chief Executive Officer Johnny Tie Li - Chief Financial Officer Conference Call Participants Tim Hsiao - Morgan Stanley Bin Wang - Credit Suisse Paul Gong - UBS Jing Chang - CICC Ming Hsun Lee - Bank of America Yuqian Ding - HSBC Operator Hello, ladies and gentlemen. Thank you for standing by for Li Auto's Second Quarter 2023 Earnings Conf ...

Exhibit 99.1 Li Auto Inc. Announces Unaudited Third Quarter 2023 Financial Results Quarterly total revenues reached RMB34.68 billion (US$4.75 billion)1 Quarterly deliveries reached 105,108 vehicles BEIJING, China, November 9, 2023 — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended September 30, 2023. Operating Highlights for the Third Quarter of 2023 · Total vehicle deliver ...

Li Auto Inc. (NASDAQ:LI) Q1 2023 Earnings Conference Call May 10, 2023 8:00 AM ET Company Participants Janet Chang - Director of Investor Relations Xiang Li - Founder, Chairman and Chief Executive Officer Tie Li - Executive Director and Chief Financial Officer Donghui Ma - Executive Director and President Yan Xie - Chief Technology Officer Conference Call Participants Tim Hsiao - Morgan Stanley Bin Wang - Credit Suisse Paul Gong - UBS Ming Hsun Lee - Bank of America Yuqian Ding - HSBC Yingbo Xu - CITIC Secu ...

Exhibit 99.1 INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Page Unaudited Condensed Consolidated Financial Statements Unaudited Condensed Consolidated Balance Sheets as of December 31, 2022 and June 30, 2023 F-2 Unaudited Condensed Consolidated Statements of Comprehensive Income for the Six Months Ended June 30, 2022 and 2023 F-4 Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity for the Six Months Ended June 30, 2022 and 2023 F-5 Unaudited Condensed Consolidated ...

Exhibit 99.2 ...

Vehicle Deliveries and Sales - Li Auto Inc. reported cumulative vehicle deliveries of 257,334 as of December 31, 2022[371]. - Cumulative vehicle deliveries reached 309,918 units by March 2023, up from 257,334 units in December 2022, reflecting significant growth[429]. Financial Performance - The company reported a significant increase in revenue, reaching $1.5 billion, representing a 25% year-over-year growth[1]. - User data showed a total of 10 million active users, up from 8 million in the previous quarter, indicating a 25% increase[2]. - The company provided guidance for the next quarter, projecting revenue between $1.6 billion and $1.7 billion, which would reflect a growth rate of 7% to 13%[3]. - New product launches are expected to contribute an additional $200 million in revenue over the next fiscal year[4]. - The company reported a gross margin of 45%, which is a slight improvement from 43% in the previous quarter[9]. - Operating expenses increased by 10% to $300 million, primarily due to higher marketing and R&D costs[10]. Product Offerings - Li L9, launched in June 2022, has a retail price of RMB459,800 (US$66,700) and offers a CLTC range of 1,315 kilometers[379]. - Li L8 is available in three trims with retail prices ranging from RMB339,800 (US$49,300) to RMB399,800 (US$58,000)[381]. - Li L7, launched in February 2023, features a CLTC range of 1,315 kilometers and retail prices from RMB319,800 (US$46,400) to RMB379,800 (US$55,100)[382]. - EREV models utilize a proprietary powertrain that combines battery packs and a range extension system, offering lower energy consumption compared to ICE vehicles[384]. Research and Development - The company employs 4,838 individuals in research and development as of December 31, 2022, focusing on electric vehicle technologies and intelligent systems[396]. - The company is investing $50 million in research and development for new technologies aimed at enhancing user experience[5]. - The company has developed 2,028 issued patents and 5,887 pending patent applications as of December 31, 2022, supporting its core proprietary technologies[427]. Autonomous Driving and Technology - Li Auto Inc. is dedicated to achieving Level 4 autonomous driving in the future, starting with high-end models like Li L9[374]. - As of December 31, 2022, the company delivered approximately 190,000 vehicles equipped with NOA capabilities, showcasing its advancements in autonomous driving technology[394]. - The autonomous driving system includes enhanced Level 2 capabilities, with features such as adaptive cruise control and automatic emergency braking[393]. - The smart in-car voice assistant, Li Xiang Tong Xue, features advanced algorithms for voice isolation and gesture recognition, improving user interaction[390]. Manufacturing and Operations - The Changzhou manufacturing base covers 72 hectares with approximately 180,000 square meters of shop floor space, consisting of four workshops and an office building[413]. - The company has implemented a fully self-developed production management software, Li MOS, which improves operating efficiency and shortens new factory deployment cycles by over 3 months[415]. - The company maintains over 2,700 vehicle testing measures for quality assurance before delivery to customers[419]. - The company is expanding its manufacturing facilities, including the construction of a semiconductor manufacturing base in Suzhou, Jiangsu Province, focusing on automotive-grade power modules[417]. Marketing and User Engagement - The marketing strategy focuses on generating word-of-mouth referrals and leveraging short-video platforms to enhance brand exposure and attract potential users[407]. - A new marketing strategy is set to increase brand awareness, with an expected increase in customer engagement by 30%[8]. Regulatory Environment - The PRC government encourages the construction and development of electric vehicle charging infrastructure, requiring centralized charging stations to obtain construction permits[435]. - The national subsidies for new energy vehicles (NEVs) will be reduced by 20% increments in 2021 compared to 2020, and further reduced by 30% increments in 2022 compared to 2021[447]. - The exemption of vehicle purchase tax for NEVs has been extended to December 31, 2023, benefiting models like Li ONE, Li L7, Li L8, and Li L9[449]. - The PRC Product Quality Law mandates that manufacturers cannot produce or sell products that do not meet safety standards, with penalties for violations[443]. Corporate Governance and Compliance - The company received an "AA" rating from MSCI ESG Research for the second consecutive year, highlighting its commitment to environmental, social, and governance practices[421]. - The company has adopted strict internal control systems for data security and user privacy, ensuring compliance with relevant laws and regulations[425]. - The company is subject to various consumer protection laws, including the PRC Consumer Rights and Interests Protection Law, which imposes stringent obligations on business operators[474]. VIE Structure and Agreements - The contractual arrangements with VIEs allow the company to exercise effective control and receive economic benefits from the VIEs[552]. - The exclusive consultation and service agreements stipulate that the company has the exclusive right to provide technical services to its VIEs and receive 100% of their quarterly net income as service fees[559]. - The equity pledge agreements ensure that shareholders pledge their equity interests to guarantee performance under the contractual arrangements[557].