HomeAutoLi Auto sees Li L7 cumulative deliveries exceed 50,000 Receive US

Li Auto sees Li L7 cumulative deliveries exceed 50,000 Receive US

As of July 19, a complete of 8,208 models of the Li L7 have been delivered this month, Li Auto stated.

Li Auto (NASDAQ: LI) has seen cumulative deliveries of its least costly mannequin, the Li L7, exceed 50,000 models, lower than six months after the mannequin was launched.

The extended-range electrical car (EREV) maker introduced the milestone on Weibo yesterday, saying the five-seat SUV has delivered greater than 10,000 models every month since its first full supply month.

As of July 19, the Li L7 delivered 8,208 models this month, Li Auto stated.

Li Auto launched the Li L7, its first five-seat SUV, on February 8, and at present gives three variations with beginning costs of RMB 319,800 ($44,540), RMB 339,800 and RMB 379,800 respectively.

The entire firm’s present fashions on sale are EREVs, with the opposite two being the dearer, six-seat Li L8 and Li L9.

The Li L7 was a mannequin that was virtually canceled throughout improvement, Li Xiang, founder, chairman, and CEO of Li Auto, stated on June 18 on Weibo.

Li stated he was adamant about axing the mannequin final September, however a number of different executives stopped him.

Li Auto held its first Household Know-how Day on June 17, and for the primary time ever, the Li L7 offered greater than 1,000 models in a single day on the day of the occasion, Li stated on the time.

Li Auto delivered a document 32,575 autos in June, for the primary time over the 30,000 mark, based on figures it introduced on July 1.

The Li L7 offered 13,107 models in June, contributing 40.24 % of Li Auto deliveries in June.

“For the third quarter, we goal month-to-month deliveries for Li L8 and Li L9 at over 10,000 every and aspire to attain 15,000 Li L7 month-to-month deliveries,” Li stated when the corporate introduced June deliveries.

For the week of July 10 to July 16, Li Auto offered 7,700 models, the corporate stated July 18 on Weibo.

Cumulative gross sales of Li Auto thus far this month had been 16,900 models as of July 16, it stated.

($1= RMB 7.1803)

Li Auto Jun gross sales breakdown: Li L7 contributes 40% with 13,107 models

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