Lee Auto Inc. July 2022 Delivery Update

BEIJING, China, August 01, 2022 (Globe Newswire) — Li Auto Inc. (“Li Auto” or “The Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that the company delivered 10,422 Li ONE in July 2022, an increase of year over year. 21.3% higher. Cumulative deliveries of the Li One have reached 194,913 since the vehicle hit the market in 2019.

“Today, the 200,000th Li ONE launched the production line at our Changzhou manufacturing base. It took us just 986 days to reach the production milestone of 200,000 Li ONEs, once again a record pace among China’s emerging NEV manufacturers. Following our historic pace in reaching the 100,000-unit mark while installing. The Li One is also the first domestically branded premium model in China with a price tag above RMB 300,000 to achieve this production milestone. A premium smart electric SUV As of now, the Li One has emerged as one of the top choices of oversized SUVs for family users in China, attracting strong user support due to its product strength. Meanwhile, our second model, the Li L9 , a flagship smart SUV for families, has received a positive response from our users since its launch on June 21. It has accumulated over 50,000 orders, of which over 30,000 confirmed non-refundable orders for the model We welcome everyone to visit our retail store Go test our Li L9 and enjoy the flagship driving experience empowered by our self-developed autonomous driving system, the Li Eddy Max, along with our self-developed range extension and chassis system,” commented Yanan Shen, Co. -Founder and President of Lee Auto.

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As of July 31, 2022, the company had 259 retail stores in 118 cities, as well as 311 servicing centers and Lee Auto-authorized body and paint shops in 226 cities.

About Lee Auto Inc.

Li Auto Inc. is a leader in China’s new energy vehicle market. The company designs, develops, manufactures and sells premium smart electric vehicles. Its mission is: Build a mobile home, create happiness (创造移动的家,创造幸福的家). Through innovations in product, technology and business model, the company provides safe, convenient and comfortable products and services to families. Li Auto is a leader in the successful commercialization of an extended range of electric vehicles in China. The company started volume production in November 2019. Its model lineup includes the Li One, a six-seat, large premium smart electric SUV, and the Li L9, a six-seat, full-size, flagship smart SUV. The company leverages technology to create value for its users. It focuses its in-house development efforts on its proprietary range expansion system, next generation electric vehicle technology and smart vehicle solutions while expanding its product line by developing new BEVs and EREVs to target a wider user base .

for more information please visit: https://ir.lixiang.com,

safe harbor statement

This press release contains statements that may constitute “forward-looking” statements in accordance with the “Safe Harbor” provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “”. expects,” “estimates,” “targets,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely,” and similar statements. may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) and The Stock Exchange of Hong Kong Limited (“HKEX”) in its annual reports, press releases and other written materials. in, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Lee Auto’s beliefs, plans and expectations, are forward-looking statements. Many factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to: Lee Auto’s strategies, future business Growth, and financial position and results of operations Lee Auto’s limited operating history Extended-Class Electric risks associated with vehicles; Lee Auto’s ability to develop, manufacture and deliver vehicles of high quality and appeal to customers; Lee Auto’s ability to generate positive cash flow and profit; product defects or any other failure of the vehicles to perform as expected; Lee Auto’s ability to compete successfully; Lee Auto’s ability to build its brand and withstand negative publicity; Cancellation of orders for Le Auto vehicles; Lee Auto’s ability to develop new vehicles; and changes in consumer demand and government incentives, subsidies, or other favorable government policies. More information about these and other risks is included in Lee Auto’s filings with the SEC and HKEX. All information provided in this press release is as of the date of this press release, and Lee Auto undertakes no obligation to update any forward-looking statements, except as required under applicable law.

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For investor and media inquiries, please contact:

Lee Auto Inc.
investor relations
Email: [email protected]

Piacente Group, Inc.
yang song
Tel: +86-10-6508-0677
Email: [email protected]

brandy piacante
Tel: +1-212-481-2050
Email: [email protected]