Record Vehicle Deliveries
In Q4 2024, Li Auto delivered over 158,000 vehicles, setting a new quarterly record. Full year deliveries exceeded 500,000 units, marking a significant milestone as the first emerging NEV brand and Chinese premium auto brand to reach this level.
Strong Financial Performance
Total revenues for Q4 2024 reached RMB44.3 billion, with full year total revenues at RMB144.5 billion. The company reported cash reserves of RMB112.8 billion, demonstrating strong cash generation capabilities.
Expansion of Supercharging Network
In 2024, Li Auto built 1,420 supercharging stations, operating the largest highway supercharging network among auto OEMs in China. Plans to expand to 4,000 stations by the end of 2025 were announced.
International Expansion Initiatives
Li Auto opened an R&D center in Munich, Germany, marking its first overseas R&D facility. The company also established servicing centers in Kazakhstan, Dubai, and Uzbekistan, with plans to enhance overseas expansion efforts.
Autonomous Driving Advances
The company rolled out AD Max V13, upgrading highway NOA to an end-to-end architecture. It also introduced AI reasoning visualization for enhanced user understanding of autonomous driving functions.