NEW YORK, January 1, 2026, 03:16 ET — Market closed
- Li Auto said it delivered 44,246 vehicles in December; fourth-quarter deliveries were 109,194.
- The U.S.-listed stock last closed down about 2% at $16.93; U.S. markets are shut for New Year’s Day.
- Investors are parsing fresh delivery updates from Chinese EV peers and waiting for Tesla’s quarterly report on Friday.
Li Auto Inc (2015.HK) (LI.O) said late Wednesday it delivered 44,246 vehicles in December, as Chinese electric-vehicle makers begin publishing year-end sales tallies.
Li Auto’s U.S.-listed shares last closed down 34 cents, or about 2%, at $16.93. U.S. equity markets are closed on Thursday for New Year’s Day, with trading set to resume on Friday.
The monthly delivery prints matter because they are one of the earliest reads on demand, and deliveries often map quickly into near-term revenue in the auto business. They also give investors a timely window into how aggressive competition is getting on price and product mix.
For Li Auto, the numbers land at a moment when investors are watching whether the company’s product cadence and overseas push can broaden growth after a volatile year for China’s U.S.-listed EV names. With U.S. markets shut, the first chance for U.S. traders to reprice the update will come when the next session opens.
Li Auto said its fourth-quarter deliveries totaled 109,194 vehicles, and cumulative deliveries reached 1,540,215 as of Dec. 31, clearing the 1.5 million milestone.
The company said it introduced its Li L9, Li L7 and Li L6 models to Egypt, Kazakhstan and Azerbaijan and launched “Li AI glasses, Livis,” in December. Stock Titan
Li Auto bills itself as a pioneer in extended-range electric vehicles — a plug-in setup that runs on batteries but uses a small gasoline engine to generate electricity when the battery runs low. It said it is also building platforms for battery-only EVs in parallel.
Peers posted mixed-looking year-end signals. Nio said it delivered 48,135 vehicles in December, up 54.6% from a year earlier, while XPeng said it delivered 37,508 vehicles, up 2% year-on-year.
Global EV demand remains a moving target, with investors also watching for signals from the U.S. market leader. “The fall will be driven largely by sales in North America and Europe,” Deutsche Bank analyst Edison Yu wrote in a Tesla note, ahead of Tesla’s quarterly deliveries report due Friday. Reuters
In the final U.S. session of 2025, major indexes slipped, with the Nasdaq down 0.76% and the S&P 500 down 0.74% in thin holiday trading, Reuters reported.
Before the next U.S. session opens on Friday, traders will be watching whether the delivery data prompts fresh revisions to near-term expectations — including any read-through to first-quarter demand, when China’s auto market typically faces seasonality. They will also watch for any follow-on company commentary on overseas rollout pace and infrastructure buildout.
Li Auto’s fourth-quarter deliveries landed within the company’s previously stated forecast range of 100,000 to 110,000 vehicles. The next major checkpoint will be its quarterly results and any updated margin outlook, as investors weigh whether volume can stabilize profitability.
