Li Auto reported that it delivered 31,767 vehicles during October 2025, bringing the company’s cumulative deliveries to 1,462,788 units as of October 31, 2025.
The October delivery volume represents a 38.25% year‑over‑year decline from the same month in 2024, the fifth consecutive monthly drop. Management attributed the slowdown to the ramp‑up of production for new all‑electric models and intensified competition from domestic rivals such as AITO and Xiaomi, which have been gaining market share in the premium NEV segment.
The company also opened its first overseas authorized retail store in Uzbekistan, offering the Li L9, Li L7, and Li L6 models. Two additional stores are scheduled to open in Kazakhstan in November, underscoring Li Auto’s strategy to expand its presence in Central Asia and other international markets.
Li Auto’s domestic footprint grew to 551 retail stores in 157 cities, 554 service centers, and 225 cities with authorized body‑and‑paint shops. The company operates 3,508 super‑charging stations with 19,417 charging stalls, supporting its goal of a 5C charging network that delivers 500 km of range in 10 minutes of charging.
Financially, Li Auto’s Q3 2024 revenue reached RMB 42.9 billion, a 23.6% year‑over‑year increase, with a gross margin of 21.5%. Vehicle margin in Q3 2024 was 20.9%. The company’s cash position stood at RMB 106.5 billion as of September 30, 2024. No new guidance for Q4 2025 was issued at the time of the announcement.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.