Dream beyond limits! Li Xiang has great ambitions and strives to become the sales champion next year and compete with BBA car companies.

Li Auto achieved impressive results in its second quarter 2023 financial report, setting record highs in revenue, net profit and deliveries, exceeding market expectations

In the past three In the month, Li Auto’s revenue reached 28.65 billion yuan, exceeding the 26.41 billion yuan previously predicted by market analysts. Compared with the same period last year, Li Auto's revenue increased by an astonishing 228.1%, and it increased by 52.5% from the previous quarter. It is worth noting that vehicle sales revenue in the second quarter reached 27.97 billion yuan, a year-on-year increase of 229.7%. The outstanding performance of this series of data makes people couldn't help but applaud Li Auto's achievements

Li Xiang and Li Auto's senior management team not only interpreted the financial statement data, It also answered various questions raised by analysts. Regarding future sales targets, Li Xiang said that since the company is close to the limit of current production capacity, its sales expectations for the third quarter are very optimistic. With the increase in production capacity in the fourth quarter, Li Auto is expected to reach the delivery target of 40,000 vehicles. What is even more exciting is Li Xiang’s outlook for 2024. He said that the company is confident to challenge the sales of German luxury brands Mercedes-Benz, BMW and Audi in the Chinese market next year, and is determined to become the highest-selling luxury car brand in the Chinese market in 2024.

According to the editor’s understanding, Li Auto has not only achieved a breakthrough in sales, but also has greater ambitions. According to financial report data, they plan to exceed the delivery target set earlier by 10%-20% throughout this year, and intend to exceed the annual revenue target of 100 billion yuan. This ambitious goal shows Li Auto’s full confidence in its future growth potential

Li Auto once again achieved outstanding results in the latest July sales data, with sales reaching 32,500 units. This achievement has enabled Li Auto to continuously improve its position in the Chinese market and successfully rank among the top sales of luxury car brands

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