Li Auto Inc - Delivered 27668 Vehicles In January 2026

BEIJING, China, Feb. 01, 2026 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) ; , a leader in China’s new energy vehicle market, today announced that it delivered 27,668 vehicles in January 2026. As of January 31, 2026, Li Auto’s cumulative deliveries reached 1,567,883.

In January, Li Auto rolled out OTA update version 8.2 to users, introducing 40 new features and 25 experience optimizations, delivering comprehensive upgrades to its assisted driving, smart space, and smart electric experiences. The reinforced VLA Driver large model launched alongside the system update has significantly improved its ability to reason about and understand the physical world, enabling more human-like navigation through complex urban traffic.

As of January 31, 2026, the Company had 547 retail stores in 159 cities, 547 servicing centers and Li Auto-authorized servicing shops operating in 221 cities. The Company also had 3,966 super charging stations in operation equipped with 21,945 charging stalls in China.

About Li Auto Inc.

Li Auto Inc. is a leader in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is:Be Proactive, Change the World (主动积极,改变世界). Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and comfortable products and services. Li Auto is a pioneer in successfully commercializing extended-range electric vehicles in China. While firmly advancing along this technological route, it builds platforms for battery electric vehicles in parallel. The Company leverages technology to create value for users. It concentrates its in-house development efforts on proprietary range extension systems, innovative electric vehicle technologies, and smart vehicle solutions. The Company started volume production in November 2019. Its current model lineup includes a high-tech flagship family MPV, four Li L series extended-range electric SUVs, and two Li i series battery electric SUVs. The Company will continue to expand its product lineup to target a broader user base.

For more information, please visit: https://ir.lixiang.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets,” “likely to,” “challenges,” and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”) and The Stock Exchange of Hong Kong Limited (the “HKEX”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Li Auto’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following:Li Auto’s strategies, future business development, and financial condition and results of operations; Li Auto’s limited operating history; risks associated with extended-range electric vehicles and high-power charging battery electric vehicles; Li Auto’s ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers; Li Auto’s ability to generate positive cash flow and profits; product defects or any other failure of vehicles to perform as expected; Li Auto’s ability to compete successfully; Li Auto’s ability to build its brand and withstand negative publicity; cancellation of orders for Li Auto’s vehicles; Li Auto’s ability to develop new vehicles; and changes in consumer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Li Auto’s filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and Li Auto does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Li Auto Inc.

Investor Relations

Email: ir@lixiang.com

Christensen Advisory

Roger Hu

Tel: +86-10-5900-1548

Email:Li@christensencomms.com

Chinese automakers with EU exposure will likely benefit the most from recent progress in advanced talks between China and the EU on price commitments for full electric vehicles, DBS analysts say in a note. The two sides aim to address subsidy concerns without relying solely on tariffs, DBS adds. Reduced tariff risks can enhance export competitiveness, improve profit margins and support international growth strategies amid softening domestic demand, DBS says. Companies including SAIC, BYD, XPeng, Leapmotor and Geely will likely benefit the most given their higher EU exposure. In contrast, domestically focused players like Li Auto and NIO may see milder effects, they add. DBS's top picks are Geely and XPeng, given their higher volume growth and broad mass-market product portfolio, the analysts say. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

By Sherry Qin

Chinese auto company BYD's sales growth slowed significantly in 2025 amid intensified competition at home, but it was still set to top Tesla as the world's biggest electric vehicle company.

The Chinese EV maker said late Thursday that it sold 420,398 units in December, down 18% on year and marking its fourth consecutive month of sales decline. Its 2025 annual sales rose 7.7% to 4.60 million units, significantly lower than 2024's 41% jump.

Tesla likely delivered 422,850 units in the fourth quarter, taking its annual sales to 1.64 million vehicles, according to the market consensus compiled by the U.S. company.

BYD has faced increasing competition from peers like Geely and Leapmotor in the domestic market in the budget segment. Geely delivered 3.02 million units in 2025, up 38.5%. Leapmotor, once a smaller player in China's EV industry, hit its 500,000-unit target for 2025 ahead of schedule and raised the target to more than 600,000 units while setting an ambitious goal of 1 million cars for 2026.

NIO and Li Auto outperformed peers in December sales, delivering 48,135 and 44,246 vehicles, respectively. Nomura auto analyst Joel Ying reckons that their strong sales are likely mainly due to their final push on the delivery of their order backlog.

Chinese auto makers could face more pressure in 2026 as China has scaled back trade-in subsidies for mid-to-lower-priced vehicles in the new year to promote technology innovation and improve the auto sector's product mix, analysts said.

China's retail passenger vehicle sales could decline 5% in 2026 due to the reduction of favorable government policies, Deutsche Bank analyst Bin Wang said in a note.

"With such policy environment, we think market environment likely to be challenging, at least during the beginning stage of 2026," Nomura's Ying said.

However, BYD could regain momentum in 2026 in both domestic and overseas markets, Ying said, adding that BYD will likely reveal its 2026 business strategy and model upgrade after the Lunar New Year.

Write to Sherry Qin at sherry.qin@wsj.com

(12:24 GMT) Li Auto Price Target Cut to $18.60/Share From $30.30 by HSBC