Li Auto Deliveries Fall to 29,025 in October
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Li Auto delivered 29,025 vehicles in October, down 8.63 per cent from a year earlier as monthly volumes hit their lowest point since February. The figure slipped 8.78 per cent from the 31,817 units handed over in September, marking a second consecutive month of year-on-year contractions.
Over the first ten months of 2026, the Chinese automaker delivered 322,461 vehicles, a 1.96 per cent drop compared to the same period last year. Total cumulative deliveries reached 1,862,676 units by October 31.
Production Squeeze on Updated i6
Li Auto launched the refreshed 2026 Li i6 on October 28 and started customer handovers the following day. The five-seat pure electric SUV keeps an unchanged sticker price of 249,800 yuan ($37,210), though early buyers securing allocations before November 30 receive promotional incentives lowering the cost to 239,800 yuan.
Hardware updates include the proprietary Mach M100 driver-assist chip and a 96-kilowatt-hour Lianshan lithium iron phosphate battery pack. That combination yields a CLTC driving range of 780 kilometres on rear-wheel-drive configurations. Li Xinyang, head of the Li Auto product line, confirmed on October 30 that cumulative production of the i6 reached 200,000 units, but consumer wait times currently span seven to eight weeks.
Flagship MPV Repositioning and In-House Tech
Demand for the larger Mega multipurpose vehicle showed moderate recovery, topping 3,000 deliveries during October. Li Auto introduced the revised flagship electric van on September 2 with hardware revisions and a lower retail price designed to revive commercial momentum after a sluggish initial rollout.
“Its proprietary charging infrastructure expanded by 18 stations and 86 stalls in October, bringing totals to 4,206 supercharging stations and 23,163 plugs across China.”
October also brought commercial deployments of Li Auto’s self-developed powertrain hardware, including the Lianshan drive system and dedicated traction pack warranty schemes. An over-the-air software upgrade, version 9.2, rolls out to owners in November to introduce Mach VLA 2.5 driver-assist functions alongside refreshed cockpit voice systems.
Rivalry Shifts to Showroom Productivity
Premium Chinese electric vehicle makers face an aggressive pricing war that penalises pauses in model renewal cycles. Rivals have expanded their sub-brands to defend entry-level volumes, while Li Auto relies on concentrated showroom throughput to protect dealer margins. The recent delivery dip demonstrates that consumer interest falters quickly when factory retooling delays customer handovers.
Suppliers also face cash constraints as automakers bring proprietary silicon and battery assembly under direct control. Li Auto’s switch to its internal Mach processors and Lianshan battery platforms shifts margin risk straight to its balance sheet, raising the capital threshold required to compete in Tier 1 cities.
Retail Expansion Ahead of Year-End Target
The October setback follows a peak run in late 2024, when monthly deliveries crossed 50,000 units before market competition tightened across China. Li Auto responded by building out physical touchpoints in lower-tier regions while pruning low-traffic mall sites.
By the end of October, the company’s retail network spanned 481 stores across 159 cities, supported by 527 service facilities in 217 cities. Its proprietary charging infrastructure expanded by 18 stations and 86 stalls in October, bringing totals to 4,206 supercharging stations and 23,163 plugs across China.
Factory planners target monthly i6 assembly output of 20,000 units in November before pushing line rates higher in December to clear backlogs before the annual tax cut window closes.