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Li Auto car deliveries up 111% in April 2021

Li Auto delivered 5,539 Li ONEs in April 2021, representing a 111.3% year-over-year raise and taking the cumulative deliveries to 51,715.

It took Li handiest 17 months to reach the milestone of the 50,000th transport from the significant transport of Li ONE in December 2019, developing the quickest anecdote amongst all contemporary vitality car companies.

Li had 73 retail retail outlets conserving 53 cities, and 143 servicing amenities and Li Auto-licensed body and paint outlets working in 105 cities as of April 30, 2021.

Li Auto in Q1 2021

Li Auto delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year raise. This brought deliveries for the significant quarter of 2021 to 12,579, up 334.4 % year over year.

As of March 31, 2021, Li Auto had 65 retail retail outlets conserving 49 cities, and 135 servicing amenities and Li Auto-licensed body and paint outlets working in 98 cities.

In response to great expect for Li ONEs and in anticipation of most trendy mannequin launches in 2022 and previous, Li Auto plans to additional bolster its mumble gross sales and servicing network.

Li Auto NEV deliveries up 67% in Q4 2020

Li Auto Inc (Lixiang) reported 64.6% enhance in total car gross sales in Q4 2020.

Deliveries of Li ONEs were 14,464 vehicles within the fourth quarter of 2020, representing a 67.0% quarter-over-quarter raise and surroundings a contemporary quarterly anecdote.

With 32,624 vehicles brought to its customers in 2020, Li ONE grew to change into the excellent-selling contemporary vitality SUV of the year in China.

In January 2021, Li Auto delivered 5,379 Li ONEs, representing a 355.8% raise as compared with January 2020. As of January 31, 2021, it had 60 retail retail outlets conserving 47 cities, to boot to 121 servicing amenities and Li Auto-licensed body and paint outlets working in 89 cities.

For the significant quarter of 2021, Li expects deliveries of vehicles to be between 10,500 and 11,500 vehicles, representing a upward thrust of 262.6% to 297.1% from the significant quarter of 2020.

China electric vehicles (EVs) gross sales grew 8% to 1.3 million devices in 2020

Financial Highlights in Q4 2020

Automobile gross sales were RMB4.06 billion (US$621.9 million) within the fourth quarter of 2020, representing a 64.6% raise from RMB2.46 billion within the third quarter of 2020.

The automobile margin used to be 17.1% within the fourth quarter of 2020, when put next with 19.8% within the third quarter of 2020.

Total revenues were RMB4.15 billion (US$635.5 million) within the fourth quarter of 2020, representing a 65.2% raise from RMB2.51 billion within the third quarter of 2020.

Detrimental profit used to be RMB724.6 million (US$111.0 million) within the fourth quarter of 2020, representing a 45.9% raise from RMB496.8 million within the third quarter of 2020.

The horrible margin used to be 17.5% within the fourth quarter of 2020, when put next with 19.8% within the third quarter of 2020.

Loss from operations used to be RMB78.9 million (US$12.1 million) within the fourth quarter of 2020, representing a 56.2% decrease from RMB180.0 million within the third quarter of 2020.

Non-GAAP loss from operations used to be RMB71.1 million (US$10.9 million) within the fourth quarter of 2020, representing a 58.0% raise from RMB45.0 million within the third quarter of 2020.

Earn earnings used to be RMB107.5 million (US$16.5 million) within the fourth quarter of 2020, when put next with RMB106.9 million glean loss within the third quarter of 2020. Non-GAAP glean earnings used to be RMB115.4 million (US$17.7 million) within the fourth quarter of 2020, representing a 621.3% raise from RMB16.0 million within the third quarter of 2020.

Working money circulation used to be RMB1.82 billion (US$279.1 million) within the fourth quarter of 2020, representing a 95.9% raise from RMB929.8 million within the third quarter of 2020.

Free money circulation used to be RMB1.60 billion (US$245.1 million) within the fourth quarter of 2020, representing a 113.2% raise from RMB749.9 million within the third quarter of 2020.

Li Auto forecasts total revenues to be between RMB2.94 billion (US$450.6 million) and RMB3.22 billion (US$493.5 million), representing a upward thrust of 245.9% to 278.8% from the significant quarter of 2020.

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