Li Auto

Li Auto Inc., is a Chinese electric vehicle manufacturer headquartered in Beijing, with manufacturing facilities in Changzhou.[1]

Li Auto Inc.
FormerlyLi Xiang
TypePublic
Nasdaq: LI
SEHK: 2015
IndustryAutomotive
Founded2015 (2015)
FounderLi Xiang
HeadquartersBeijing, China
Key people
Li Xiang (Chairman and CEO)
Yanan Shen (President)
Tie Li (CFO)[1]
Number of employees
2628 (2019)[1]
SubsidiariesBeijing Co Wheels Technology Co., Ltd
Changzhou Chehejin Standard Factory Construction Co., Ltd
Websitewww.lixiang.com

History
Li Auto showroom in Zhengzhou, Henan

In 2015, Li Auto was created by Li Xiang. The company builds electric vehicles that use range extenders for a power supply.[2] Li Auto has vehicle manufacturing, engineering, and design services located in Changzhou, Jiangsu Province with corporate headquarters and research and development located in Beijing.[1] The company debuted on the Nasdaq in 2020.[3] Investors of the company include Meituan and Source Code Capital.[4]

In July 2020,Li Auto was listed on the NASDAQ stock market, with the stock code of "LI"。[5]

Models

The company focuses primarily on premium EREV SUVs for the Chinese market. Four such vehicles have been announced:

Current models
  • Li Auto L9 (2022–present), full-size crossover SUV
  • Li Auto L8 (2022–present), mid-size crossover SUV
  • Li Auto L7 (2023–present), mid-size crossover SUV
  • Li Auto MEGA (to commence), full-size MPV
    • Li Auto L9
      Li Auto L9
    • Li Auto L8
      Li Auto L8
    • Li Auto L7
      Li Auto L7

Discontinued models
  • Li Auto One
    Li Auto One

Sales
Li Auto Sales
Year Sales
2019 1,000
2020 33,457
2021 90,491
2022 133,246

See also

References
  1. https://www.sec.gov/Archives/edgar/data/1791706/000104746920004077/a2241802zf-1.htm
  2. Barrett, Eamon. "How the U.S. IPO of a Chinese electric vehicle maker defied Washington's roadblocks". www.fortune.com. Fortune. Retrieved 30 November 2020.
  3. Liao, Rita (2020-07-30). "China's electric SUV maker Li Auto raises $1.1 billion in US IPO". TechCrunch. Retrieved 2022-10-03.
  4. "Chinese EV maker Lixiang files for U.S. IPO of at least $500 million: sources". Reuters. 2020-01-03. Retrieved 2022-12-25.
  5. "Tesla's China rival, Li Auto, was founded by a millennial Chinese entrepreneur named Li Xiang, and now he's a billionaire – here's how he got there". South China Morning Post. 2020-12-18. Retrieved 2020-12-18.
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