China's new energy vehicle market: Li Auto delivered 139,000 vehicles in the first half of the year, becoming a leading brand

In the first half of 2023, Li Auto has achieved impressive results. According to the highly anticipated performance report, the company achieved revenue of 28.65 billion yuan in the second quarter, a year-on-year increase of 228.1%. This exciting figure demonstrates the strong development momentum of Li Auto in the new energy vehicle market

Li Auto delivered more than 139,000 vehicles in the first half of this year, a year-on-year increase of 201.6%. Starting from 16,620 vehicles in February, the delivery volume has increased month by month, reaching 20,823 vehicles, 25,681 vehicles, 28,277 vehicles, 32,575 vehicles and 34,134 vehicles respectively. This outstanding performance not only exceeded expectations, but also enhanced Li Auto's position in the field of new energy vehicles

At the same time, Li Auto's financial situation continues to improve. As of the second quarter of 2023, operating profit reached 1.63 billion yuan and net profit was 2.31 billion yuan. In addition, the company's gross profit margin increased steadily, reaching 21.8% in the second quarter. Li Auto has not only achieved a breakthrough in sales volume, but also made significant progress in profitability

Although Li Auto's share price fell 8.62% after the performance announcement, the company's total market value is still as high as 44.435 billion U.S. dollars, exceeding The sum of the two companies NIO and Xpeng. This shows the market's confidence in Li Auto's future growth potential. In the past two years, Li Auto has successfully implemented its business strategy, gradually getting rid of the new power stage, and has become a leading second-tier brand in the luxury car market

According to Xiaomi The editor understands that behind these excellent results, Li Auto not only relied on appropriate market positioning and product strategies, but also made important adjustments in organizational optimization. The company made a series of personnel changes at the end of 2022, optimized the organizational structure, and strengthened collaboration among various business departments. This also provides a solid foundation for the company's continued growth.

Li Auto’s goal is very ambitious. They plan to promote city-level autonomous driving technology to 100 cities by the end of 2023. In addition, they also plan to launch their first pure electric model MEGA in the fourth quarter of this year and plan to put it on the market next year. By continuously innovating products and technologies, Li Auto is expected to continue to lead the new energy vehicle market

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