Company: LI
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001410578-25-000678
Chunk: 122

Company: Li Auto Inc.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 4
Chunk 122
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, Li L8, a six-seat premium family SUV, Li L7, a five-seat flagship family SUV, and Li L6, a five-seat premium family SUV. We entered the BEV market through HPC BEVs. In March 2024, we launched Li MEGA, our inaugural BEV and a high-tech flagship family MPV, which commenced delivery in the same month. We will continue to expand our product lineup to target a broader user base.
We are dedicated to serving the mobility needs of families in China. To this end, we strategically focus on NEVs priced over RMB200,000 (US$27,400). In light of diverse family needs in terms of price range, vehicle size, seat options, and intelligence level, we have developed our Li L series to capture these needs. Leveraging our enhanced product strengths and operating efficiency, we have consistently set new record highs in deliveries. Each of the Li L9, Li L8, Li L7, and Li L6 models has surpassed the significant milestone of 200,000 cumulative deliveries. The total deliveries of our vehicles reached over 500,000 in 2024, setting the record for the fastest growth among premium auto brands in the Chinese market. On October 18, 2024, we hit the one million cumulative vehicle deliveries milestone, becoming the first emerging new energy automotive brand in China to reach this benchmark, just 58 months after delivering our first vehicle in December 2019, and the cumulative deliveries of our vehicles reached 1,133,872 as of December 31, 2024.

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We focus on platform-based strategies to organize and execute our vehicle roadmap, as we believe the combination of EV and intelligent platform capabilities would continue to lead to increasing operational efficiency.

●   EREV. Our proprietary EREV solution enables families to enjoy all the benefits of a premium, spacious SUV while free from range anxiety. The Li L series boost a maximum CLTC pure electric range of 286 kilometers and CLTC combined range of 1,421 kilometers with superior NVH performance of only around 60dB at a speed of 80 km/h when the range extender is on. We plan to further develop and optimize the overall performance of our EREV powertrain system.
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●   BEV. Our HPC BEV technologies deliver superior charging experience to achieve a driving range of 500 kilometers with just a 12-minute charge, offering energy replenishment as efficient as ICE vehicles ref