Li Auto Delivers 44,246 Cars in December, Matches 109,194 Q4 Shipment Guidance
Li Auto delivered 44,246 vehicles in December, lifting cumulative deliveries to 1,540,215 and matching its Q4 guidance with 109,194 shipments. Full-year 2025 deliveries fell 18.8% to 406,343 vehicles from 500,508 in 2024, despite launching models in Egypt, Kazakhstan and Azerbaijan and debuting Li AI Livis glasses.
1. Li Auto Reports December and Cumulative Deliveries
Li Auto announced a delivery of 44,246 vehicles in December 2025, representing a 33.35% increase from November’s 33,181 units but a 24.38% decline year over year. These deliveries pushed the company’s cumulative vehicle count past the 1.5 million mark, reaching a total of 1,540,215 vehicles since inception, a milestone that underscores stabilization efforts after months of moderating demand.
2. Fourth-Quarter and Full-Year Performance
In the fourth quarter, Li Auto delivered 109,194 vehicles, landing at the upper end of its guidance range of 100,000 to 110,000 units and improving on third-quarter deliveries of 93,211 vehicles. For the full year 2025, however, deliveries totaled 406,343 units, down from 500,508 in 2024, reflecting heightened competition and margin pressure in China’s EV market despite late-year momentum.
3. International Expansion and Retail Network
During December, Li Auto expanded into Egypt, Kazakhstan and Azerbaijan with the launch of its L9, L7 and L6 models, marking its entry into Central Asia, the Caucasus and Africa. At year-end, the company operated 548 retail stores across 159 Chinese cities and maintained a charging infrastructure of 3,907 supercharging stations and 21,651 charging stalls, bolstering its service network to support growing customer demand.
4. Product Innovation and Aftermarket Developments
Li Auto officially introduced its Li AI glasses, Livis, receiving positive feedback for advanced driver-assist features and in-car connectivity. The company continues to invest in software upgrades and over-the-air updates to enhance vehicle performance and user experience, positioning itself to capture a larger share of China’s premium EV segment.