Executive Summary

Li Auto Inc. (Nasdaq: LI; HKEX: 2015), a prominent player in China’s new energy vehicle (NEV) sector, has released its voluntary announcement for April 2026, providing investors with critical updates about vehicle deliveries, new product launches, network expansion, and ongoing business strategies.

Key Highlights from the April 2026 Update

• April 2026 Vehicle Deliveries: Li Auto delivered 34,085 vehicles in April 2026, bringing its cumulative total deliveries to an impressive 1,669,442 units as of April 30, 2026.
• New Model Debut – Li L9 Livis: The all-new Li L9 Livis made its public debut at the 2026 Beijing International Automotive Exhibition. The official launch is scheduled for May 15, 2026. The launch event will spotlight significant advancements in exterior and interior design, chassis and suspension, range extension system, safety, and intelligence.
• Retail and Service Network Expansion:
  • Li Auto now operates 511 retail stores across 160 cities in China.
  • The company has 550 servicing centers and Li Auto-authorized servicing shops in 223 cities.
  • Li Auto operates 4,077 super charging stations equipped with 22,509 charging stalls nationwide.
• Product Lineup and Technology Focus:
  • The company’s product portfolio includes a high-tech flagship MPV, four Li L series extended-range electric SUVs, and two Li i series battery electric SUVs.
  • Li Auto is a pioneer in commercializing extended-range electric vehicles in China and continues to build platforms for battery electric vehicles in parallel.
  • Focus areas include proprietary range extension systems, innovative EV technologies, and smart vehicle solutions, all developed in-house.

Potentially Price-Sensitive and Noteworthy Information for Shareholders

• Sustained High Deliveries: The delivery of 34,085 vehicles in April shows continued strong demand and the company’s operational ability to scale, supporting growth projections and potentially influencing market sentiment positively.
• Upcoming Major Product Launch: The imminent launch of the Li L9 Livis on May 15, with notable technological advancements, could drive further sales momentum and enhance Li Auto’s competitive position in the market.
• Extensive Retail and Charging Network: The expansion to over 500 retail stores and thousands of charging stations demonstrates Li Auto’s commitment to accessibility and after-sales service, which could be a key differentiator as competition intensifies.
• Forward-Looking Statements and Risks: The company has issued cautionary statements regarding forward-looking information, highlighting risks such as competition, technology execution, consumer demand, government policies, and the challenge of sustaining profitability as it scales. These are important considerations for shareholders, especially as the company navigates new product launches and market expansion.

Corporate Governance Update

As of the announcement date, Li Auto’s board comprises:

• Executive Directors: Mr. Li Xiang, Mr. Ma Donghui, and Mr. Li Tie
• Non-Executive Directors: Mr. Wang Xing and Mr. Fan Zheng
• Independent Non-Executive Directors: Prof. Xiao Xing, Mr. Zhao Hongqiang, and Mr. Jiang Zhenyu

Looking Ahead

Li Auto has reiterated its strategy of broadening its product lineup to target a wider user base, leveraging in-house technology development and innovation. The company’s ongoing focus on both extended-range and battery electric vehicles positions it to capture further growth in China’s rapidly evolving NEV market.

Important Note for Investors

Shareholders and potential investors are urged to exercise caution when dealing in Li Auto securities, especially in light of the company’s forward-looking statements and identified business risks. Any changes in government policies, consumer demand, or competitive dynamics could materially impact the company’s results and share price.

Disclaimer: This article is a detailed summary and analysis based on Li Auto Inc.’s April 2026 voluntary announcement. It is intended for informational purposes only and should not be construed as investment advice. Investors are advised to carefully consider all risks and consult professional advisors before making any investment decisions. The author and publisher assume no liability for any actions taken based on this article.

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