Li Auto Inc. (NASDAQ:LI) said Saturday it delivered 27,668 vehicles in January 2026, a 7.55% year-over-year decline, bringing its cumulative deliveries to 1,567,883 units.
Li Auto's deliveries fell for the eighth straight month to their lowest level since March 2025, plunging 37.47% from December, according to CnEVPost, as intensifying competition weighed on its L-series hybrids and weak demand dragged on its electric i-series SUVs.
Retail and Charging Footprint
As of January 31, 2026, Li Auto operates 547 retail stores across 159 cities and 547 service centers and authorized service shops in 221 cities.
It also operates 3,966 supercharging stations across China, equipped with 21,945 charging stalls.
Peer Performance
Performance across Li Auto's key rivals was uneven.
XPeng Inc. (NYSE:XPEV) slid Monday after posting disappointing January delivery figures, with the Chinese EV maker reporting 20,011 vehicles delivered, a 34% year-over-year decline.
In contrast, Nio Inc. (NYSE:NIO) delivered a standout result, posting a 96.1% year-over-year surge to 27,182 vehicles in January, highlighting a widening performance gap among China's major EV players.
Recent Earnings
In November 2025, Li Auto reported a steep decline in fiscal third-quarter 2025 results, weighed by lower deliveries, margin compression, and costs tied to a major vehicle recall.
Vehicle sales dropped 37.4% to $3.6 billion in the quarter, driven primarily by weaker delivery volumes.
LI Price Action: Li Auto shares were down 0.78% at $16.50 during premarket trading on Monday. The stock is near its 52-week low of $15.71, according to Benzinga Pro data.
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