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Li Auto Inc. – March 2021 Supply Replace

BEIJING, China, April 2, 2021 (GLOBE NEWSWIRE) – Li Auto Inc. (“Li Auto” or the “Firm”) (Nasdaq: LI), an innovator within the Chinese language new vitality automobile market, introduced at the moment that the corporate had delivered 4,900 Li ONE in March 2021, a rise of 238.6% 12 months over 12 months. That introduced deliveries for the primary quarter of 2021 to 12,579, up 334.4% year-over-year. As of March 31, 2021, the corporate had 65 retail shops masking 49 cities and 135 Li Auto licensed service facilities and physique and paint retailers working in 98 cities. In response to robust demand for Li ONE and in anticipation of recent mannequin launches in 2022 and past, Li Auto plans to additional strengthen its direct gross sales and after-sales service community. About Li Auto Inc. Li Auto Inc. is an innovator within the Chinese language new vitality automobile market. The corporate designs, develops, manufactures and sells high-end clever electrical automobiles. Via improvements in merchandise, know-how and enterprise mannequin, the corporate offers households with secure, handy and refined services and products. Li Auto is a pioneer within the commercialization of prolonged vary electrical automobiles in China. Its first mannequin, Li ONE, is a big, premium six-seater electrical SUV geared up with a variety extension system and superior clever automobile options. The corporate began quantity manufacturing of Li ONE in November 2019 and has delivered greater than 33,500 Li ONE as of December 31, 2020. The corporate is harnessing the know-how to create worth for its customers. It focuses its inner improvement efforts on its unique vary extension system, next-generation electrical automobile know-how and clever automobile options. Past Li ONE, the corporate goals to increase its product line by creating new automobiles, together with BEVs and EREVs, to focus on a broader client base. For extra data, please go to: Protected Harbor Assertion This press launch incorporates statements that will represent “forward-looking” statements in accordance with the “secure harbor” provisions of the USA Non-public Securities Litigation Reform Act of 1995. These forward-looking statements could also be recognized by terminology equivalent to “will,” “expects”, “anticipates”, “goals”, “future”, “intends”, “plans”, “believes”, “estimates”, “possible” and comparable statements. Li Auto may make written or oral forward-looking statements in its periodic reviews to the US Securities and Change Fee (the “SEC”), in its annual report back to shareholders, in press releases and different written supplies, and in statements. orals made by its officers, administrators or staff to 3rd events. Statements that aren’t historic information, together with statements about Li Auto’s beliefs, plans and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties. Quite a few components might trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to: Li Auto’s methods, future enterprise improvement, monetary situation and outcomes of ‘exploitation; Li Auto’s restricted working historical past; the dangers related to prolonged vary electrical automobiles; Li Auto’s means to develop, manufacture and ship prime quality automobiles which are engaging to prospects; Li Auto’s means to generate optimistic money stream and revenue; product defects or different failure of automobiles to carry out as meant; Li Auto’s means to compete efficiently; Li Auto’s means to construct its model and resist adverse publicity; cancellation of orders for Li Auto automobiles; Li Auto’s means to develop new automobiles; and adjustments in client demand and authorities incentives, subsidies, or different favorable authorities insurance policies. Additional data relating to these and different dangers is included in paperwork filed by Li Auto with the SEC. All data offered on this press launch is as of the date of this press launch, and Li Auto doesn’t undertake any obligation to replace any forward-looking statements, besides as required by relevant regulation. For Investor and Media Inquiries, please contact: Li Auto Inc. Investor Relations E-mail: [email protected] The Piacente Group, Inc. Yang Music Tel: + 86-10-6508-0677 E-mail: [email protected] Brandi Piacente Tel: + 1-212-481-2050 E-mail: [email protected]

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