Li Auto Inc. October 2021 Delivery Update | national

BEIJING, China, November 01, 2021 (GLOBE NEWSWIRE) – Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), an innovator in the Chinese new energy vehicle market, today announced that the company delivered 7,649 Li ONE in October 2021, an increase of 107.2% year-on-year. As of October 31, 2021, the cumulative and cumulative deliveries of Li ONE reached 62,919 and 96,516 respectively.

“It took us 708 days to reach the 100,000 Li ONE production milestone, which makes us the fastest among emerging NEV manufacturers in China,” said Yanan Shen, co-founder and chairman of Li Auto. . “Our order intake exceeded 14,500 units in October, and we are working hard with our suppliers to fully restore supply of millimeter wave radar, with the goal of reducing the wait time for delivery to our users.”

As of October 31, 2021, the Company had 162 retail stores in 86 cities, as well as 223 Li Auto authorized body and paint service centers and workshops operating in 165 cities.

About Li Auto Inc.

Li Auto Inc. is an innovator in the Chinese new energy vehicle market. The Company designs, develops, manufactures and sells high-end intelligent electric vehicles. Through innovations in products, technology and business model, the company provides families with safe, convenient and sophisticated products and services. Li Auto is a pioneer in the successful commercialization of extended range electric vehicles in China. Its first model, Li ONE, is a large, premium six-seater electric SUV equipped with a range extension system and advanced intelligent vehicle solutions. The company started volume production of Li ONE in November 2019 and launched the Li ONE 2021 in May 2021. The company is leveraging technology to create value for its users. It focuses its internal development efforts on its proprietary range extension system, next-generation electric vehicle technology and intelligent vehicle solutions. Beyond Li ONE, the company will expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.

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Safe Harbor Declaration

This press release contains statements that may constitute “forward-looking” statements in accordance with the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as “shall” , “” Expects “,” anticipates “,” aims “,” future “,” intends “,” foresees “,” believes “,” believes “,” is likely to “and similar statements . Li Auto may also make written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission (the “SEC”), 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, financial condition and results of ‘exploitation; Li Auto’s limited operating history; the risks associated with extended range electric vehicles; Li Auto’s ability to develop, manufacture and deliver high quality vehicles that are attractive to customers; Li Auto’s ability to generate positive cash flow and earnings; product defects or any other failure of vehicles to perform as intended; Li Auto’s ability to compete successfully; Li Auto’s ability to build its brand and resist negative publicity; cancellation of vehicle orders from Li Auto; 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 documents filed by Li Auto with the SEC. All information provided in this press release is as of the date of this press release, and Li Auto assumes no obligation to update any forward-looking statement, except as required by applicable law.

For investor and media inquiries, please contact:

Li Auto Inc. Investor Relations Email: [email protected]

The Piacente Group, Inc. Yang Song Tel. : + 86-10-6508-0677 Email: [email protected]

Brandi Piacente Tel. : + 1-212-481-2050 Email: [email protected]

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