Day: January 2, 2021

PALO ALTO, Calif., Jan. 02, 2021 (GLOBE NEWSWIRE) — In 2020, we produced and delivered half a million vehicles, in line with our most recent guidance. In addition, Model Y production in Shanghai has begun, with deliveries expected to begin shortly.Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve another great year.***************Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q4 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not...

BEIJING, China, Jan. 01, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 6,126 Li ONEs in December 2020, representing an increase of 31.9% month-over-month and 529.6% year-over-year. The Company’s deliveries for the fourth quarter reached 14,464, 67.0% higher than those for the third quarter and 20.5% above the top end of the Company’s guidance.Also noteworthy, the number of Li ONE orders for December was at its highest level ever.Additionally, cumulative deliveries of Li ONEs exceeded 30,000 as of December 18, 2020. This milestone was reached in just over 12 months since deliveries started on December 4, 2019, setting a new record for first models by new energy vehicle manufacturers. The Company would like...