Donews reported on February 26 that Li Auto announced its financial results for the fourth quarter and full year of 2023 today, with quarterly revenue of 417300 million yuan, a year-on-year increase of 1364%, with annual revenue of 1238$500 million.
Li Xiang, CEO of Li Auto, said at the performance communication meeting after the announcement of the financial report: 2024 will be an unprecedented product year for Li Auto, with the release and delivery of the Ideal MEGA in March, and the delivery of the 2024 Ideal L7, Ideal L8 and Ideal L9 in the same month.
He also mentioned that Li Auto's Beijing Green Smart Factory has been completed and put into operation at the end of 2023, making full preparations for the delivery of the Li MEGA in March and the production of subsequent pure electric models, and it is expected that more than 50,000 units will be delivered in March 2024.
At the same time, Li Xiang also reaffirmed the annual sales target of 800,000 in 2024 and the goal of being the No. 1 luxury car brand in the Chinese market.
For product planning, he revealed that the Ideal L6 will be released in the second quarter of 2024, and three pure electric SUVs will be launched in the second half of the year, with 5C supercharging as standard. "The three pure electric SUV products are extremely powerful and will be the first choice for family users in the same price range" "By the end of this year, Li Auto's product line will include 4 range extensions and 4 pure electric models, a total of 8 models".
Li Xiang pointed out that Li Auto has no plans to launch models below 200,000 in the next five years. He judged that by 2030, in China's household user market of more than 200,000 yuan, the ideal only needs to account for 1 3 to achieve more than one trillion yuan in revenue.
If it can still have a good performance overseas, Li Xiang predicts that by 2030, in the home user market of more than 200,000 yuan alone, it is ideal to achieve a global operating income close to that of the iPhone.
Li Xiang also said in the circle of friends: The new energy vehicle market of more than 200,000 will show the result that the top three brands will eat 70% of the market share in the fourth quarter of 2024, not CR5, but the head concentration of CR3, which is more concentrated than fuel vehicles, and is no different from smartphones. We'll see.
In addition, Li Auto is currently accelerating overseas exports, Li Xiang said that overseas will also adhere to the direct sales model, Ideal is speeding up the construction of sales, service network and ** chain, is recruiting sales and service teams in Dubai, and will be delivered overseas in the first quarter of 2024.