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Li Auto's updated i6 orders estimated above 50,000 as Deutsche Bank sees year-end delivery recovery

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Li Auto's updated i6 orders estimated above 50,000 as Deutsche Bank sees year-end delivery recovery

Deutsche Bank estimates that cumulative orders for Li Auto's (NASDAQ: LI) updated Li i6 electric SUV have surpassed 50,000, providing support for a year-end delivery recovery as production ramps up.

The latest dealer checks indicate delivery wait times of 9 to 11 weeks for the Li i6, pointing to a substantial order backlog, analyst Wang Bin's team said in a research note on Tuesday.

Those wait times, combined with the company's plan to increase monthly production capacity to 20,000 vehicles in November, support the bank's estimate of more than 50,000 cumulative orders for the updated Li i6.

Li Auto launched the 2026 Li i6 on October 28 and began deliveries the following day, upgrading the model with its in-house chips, battery and cabin features while keeping the starting price unchanged.

The model has an official starting price of 249,800 yuan ($37,190). Under the launch offer announced at its rollout, customers purchasing by November 30 can access a limited-time price of 239,800 yuan.

Li Xinyang, head of Li Auto's product line, said on October 30 that the company planned to raise Li i6 production capacity to 20,000 vehicles in November, with a further increase in December. He put delivery wait times at 7 to 8 weeks at the time.

The order buildup comes as Li i6 deliveries fell during the model changeover. The SUV delivered 1,977 vehicles in October, down 73.21% from September and accounting for 6.81% of the company's monthly deliveries, according to data compiled by CnEVPost.

Li i6 deliveries totaled 162,198 vehicles in the first 10 months of the year, underscoring the 5-seat electric SUV's role as a major contributor to Li Auto's delivery volume.


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