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Li Auto's 2023 financial report is eye-catching, and Li Xianghao said that multiple new cars will be delivered in 2024, the product year

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2024-02-27 23:20:021146browse

According to the latest released data, Li Auto achieved exciting results in the fourth quarter and full year of 2023. The published financial report shows that the company achieved revenue of 41.73 billion yuan in the fourth quarter, a year-on-year growth of 136.4%. The full-year revenue reached an eye-catching 123.85 billion yuan. These data reflect the company's strong performance in the market and demonstrate its steady operations and development trends.

At the performance communication meeting after the financial report was released, Li Xiang, CEO of Li Auto, was full of confidence in the company’s future prospects. He made it clear that 2024 will be a big year for Li Auto’s products and revealed a series of exciting new product plans. It is reported that Li Auto will officially release and deliver the high-end model MEGA in March this year, and will also usher in the delivery of the 2024 L7, L8 and L9.

Li Autos 2023 financial report is eye-catching, and Li Xianghao said that multiple new cars will be delivered in 2024, the product year

According to the information collected by the editor, in order to ensure the smooth production and delivery of new products, Li Auto has established a green smart factory in Beijing. Li Xiang said that this factory will play an important role in the delivery of MEGA in March and the production of future pure electric models. The factory is fully prepared and is expected to deliver more than 50,000 vehicles in March this year. This number will further consolidate Li Auto’s leading position in the market.

In addition, Li Xiang also reiterated the company's sales target for 2024, which is to achieve annual sales of 800,000 vehicles and strive to become the sales champion of luxury car brands in the Chinese market. In terms of product planning, he revealed that the Lili L6 will meet consumers in the second quarter of this year, and in the second half of the year, the company will launch three pure electric SUVs in one go. These models will be equipped with 5C supercharging technology as standard, and are expected to become popular among families in the same price range. The user’s preferred car model. By the end of this year, Li Auto's product line will be enriched, including 4 extended-range models and 4 pure electric models, for a total of 8 models for consumers to choose from.

Li Xiang clearly pointed out at the meeting that Li Auto has no plans to launch models below 200,000 yuan in the next five years. He predicts that by 2030, in the home user market of more than 200,000 yuan, Li Auto will only need to occupy one-third of the market share to achieve a revenue target of more than one trillion yuan. If it can also achieve good performance in overseas markets, then by 2030, Li Auto's revenue is expected to be close to the global level of the iPhone based on the home user market of more than 200,000 yuan.

Li Xiang analyzed the competitive landscape of the new energy vehicle market. He said in his circle of friends that in the fourth quarter of this year, the new energy vehicle market worth more than 200,000 yuan may show a trend where the top three brands occupy 70% of the market share. He believes that this head concentration phenomenon will be more significant than the fuel vehicle market, similar to the competitive situation in the smartphone market.

Li Xiang revealed that Li Auto is currently actively promoting overseas market expansion plans and adhering to the direct sales model. The company is accelerating the construction of sales and service networks and supply chains, and is actively recruiting sales and service teams in Dubai and other places. It is expected that Li Auto will achieve its delivery targets in overseas markets in the first quarter of this year. This move aims to accelerate the company's layout in the international market and further enhance brand awareness and market share.

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