Li Auto delivered 29,025 vehicles in October 2026, a sharp decline year over year and from September.

Cumulative deliveries exceeded 1.86 million. The Li MEGA contributed more than 3,000 deliveries during the month.

Investors have shown caution about the company’s future growth trajectory. Its Price-to-Sales ratio is well below its historical average.

A shortage of custom Samsung OLED screens for the Li MEGA is creating an additional operational challenge. Li Auto is temporarily delivering some vehicles with LCD screens and will offer free replacements.