Li Auto sees total deliveries in 2024 reach 500,000 units

Li Auto reached its 500,000th delivery in 2024 today at 18:18 Beijing Time, meaning it has delivered around 58,000 vehicles so far this month.
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Li Auto reached its 500,000th delivery in 2024 today at 18:18 Beijing Time, meaning it has delivered around 58,000 vehicles so far this month.

Li Auto sees total deliveries in 2024 reach 500,000 units-CnEVPost
(Li Auto reached its 500,000th delivery in 2024 at 18:18 Beijing Time on December 31. Screenshot: CnEVPost)

Li Auto (NASDAQ: LI) is on pace for a record month of deliveries as it closes out 2024 with more than 500,000 full-year deliveries.

The company took to Weibo today to show a real-time countdown to its full-year 2024 vehicle delivery figure gradually reaching 500,000 units.

As of 18:18 Beijing Time, Li Auto reached its 500,000th delivery in 2024.

This means that, as of this writing, the company has delivered a total of 58,005 vehicles so far this month. That number continues to grow.

Li Auto guided for fourth-quarter vehicle deliveries between 160,000 and 170,000 units on October 31, implying year-on-year growth of 21.4 percent to 29.0 percent, slightly higher than the 152,831 vehicles delivered in the third quarter.

If Li Auto is to meet that guidance, it would need to deliver at least 59,817 vehicles in December.

The company and major peers are expected to announce December delivery figures tomorrow.

Li Auto had 13,400 insurance registrations last week, down 3.60 percent from 13,900 the previous week, according to figures it shared earlier today.

Li Auto sees total deliveries in 2024 reach 500,000 units-CnEVPost
(A countdown to deliveries increasing to 500,000 units in 2024 was shown by Li Auto on Weibo. Screenshot: CnEVPost)

China EV insurance registrations by brand for week ending Dec 29: Nio 6,500, Onvo 4,200, Tesla 18,600, BYD 72,100

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