Li Auto (NASDAQ:LI), a leading player in China's new energy vehicle (NEV) market specializing in extended-range electric vehicles (EREVs) and smart SUVs for families, announced its December 2025 delivery update on January 1.
The company delivered 44,246 vehicles in December 2025, bringing fourth-quarter deliveries to 109,194.
As of December 31, 2025, Li Auto's cumulative deliveries reached 1,540,215, officially surpassing the significant milestone of 1.5 million vehicles since its first delivery in late 2019.
Compared to December 2024, when Li Auto delivered a record 58,513 vehicles, the latest figure reflects a year-over-year decline amid intensifying competition in China's NEV sector.
Similarly, Q4 2024 deliveries stood at 158,696, indicating softer demand in the final quarter of 2025.
Li Auto continues to bolster its domestic infrastructure, operating 548 retail stores across 159 cities in China, along with 561 servicing centers and authorized body and paint shops.
The company's charging network has expanded significantly, with 3,907 supercharging stations equipped with 21,651 charging stalls nationwide.
On the international front, Li Auto began introducing its popular models—the flagship Li L9, mid-large Li L7, and family five-seater Li L6—to markets in Egypt, Kazakhstan, and Azerbaijan, marking initial steps into Central Asia, the Caucasus, and Africa.
Additionally, the company launched its innovative Li AI glasses, Livis, which have garnered positive feedback from early users for enhancing the smart vehicle ecosystem