Li Auto Aug deliveries plunge 41%, pins hopes on Sept launch of i6 SUV
This marks Li Auto's third consecutive month of year-on-year delivery declines, resulting in an 8.64 percent year-to-date decrease in deliveries.
- This marks Li Auto's third consecutive month of year-on-year delivery declines, resulting in an 8.64 percent year-to-date decrease in deliveries.
- Li Auto aims for stable monthly deliveries of 9,000-10,000 units for the Li i6 and 6,000 units for the Li i8.
Li Auto (NASDAQ: LI) experienced another sharp drop in monthly deliveries as several major peers like Nio Inc (NYSE: NIO) reported record-high figures.
The company delivered 28,529 vehicles in August, down 40.72 percent year-on-year, marking its third consecutive month of sharp declines and a 7.17 percent decrease from July, according to data released today.
From January to August, Li Auto delivered 263,198 vehicles, representing an 8.64 percent year-on-year decrease.
Cumulative deliveries since the company's founding totaled 1,397,070 units by the end of August.
Amid the delivery decline, Li Auto is pinning hopes on its upcoming Li i6 electric SUV, set for official launch next month.
Li Auto will roll out the Li i6 in September with a price range of about RMB 250,000 ($35,040) to RMB 300,000, the company announced today.
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