Li Auto Inc. (NASDAQ: LI)
Auto Manufacturers Β· Beijing, China Β· Founded 2015
- Market capitalization: $25.0 billion
- Annual revenue: $17.0 billion
- Net income: $1.5 billion
- Employees: 32,000
- Sector: Consumer Cyclical
- Headquarters: Beijing, China
- Founded: 2015
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Li Auto is a Chinese electric vehicle maker specializing in extended-range EVs (EREVs) β cars with both a battery and a small gasoline generator that eliminates range anxiety. The company sells premium SUVs (L7, L8, L9) priced at $40,000-70,000, targeting Chinese families who want EV benefits without charging infrastructure dependence.
Design, manufacture, and sell premium SUVs in China. The extended-range approach (battery + gas generator) costs less to produce than pure EVs (smaller battery needed) while eliminating range anxiety β a key concern in China where charging infrastructure outside cities is sparse. Direct sales through company-owned stores.
Founded in 2015 by Li Xiang (who previously founded Autohome, China's largest auto website). The first model (Li ONE) launched in 2019. The company went public on NASDAQ in 2020 and Hong Kong in 2022. Deliveries grew from 33,000 (2020) to 376,000 (2023) β the fastest-growing Chinese EV maker.
| Market Capitalization | $25.0B |
| Annual Revenue | $17.0B |
| Net Income | $1.5B |
| Profit Margin | 9% |
| Revenue per Employee | $531250K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | LI |
Financial data is approximate and based on most recent annual filings.
Li Auto was the first Chinese EV startup to achieve quarterly profitability (Q4 2022) β ahead of NIO and XPeng. The L9 SUV became the best-selling vehicle over $50,000 in China within months of launch. The company delivered 376,000 vehicles in 2023, up 182% year-over-year.
Li Auto cracked the code on what Chinese families actually want: big SUVs with no range anxiety at premium-but-not-luxury prices. The extended-range approach is pragmatic genius in a market with uneven charging infrastructure. The risk is that as charging improves, the EREV advantage diminishes. Pure EV models (MEGA) are the hedge.
What is Li Auto Inc.'s revenue?
Li Auto Inc. generates approximately $17.0 billion in annual revenue.
How many employees does Li Auto Inc. have?
Li Auto Inc. employs approximately 32,000 people worldwide.
What is Li Auto Inc.'s market cap?
Li Auto Inc. (LI) has a market capitalization of approximately $25.0 billion on the NASDAQ.
When was Li Auto Inc. founded?
Li Auto Inc. was founded in 2015 and is headquartered in Beijing, China.
Who is the CEO of Li Auto Inc.?
Li Xiang is the current CEO of Li Auto Inc..
What is Li Auto Inc.'s website?
Li Auto Inc.'s official website is lixiang.com.
| CEO | Li Xiang |
| Sector | Consumer Cyclical |
| Industry | Auto Manufacturers |
| Founded | 2015 |
| HQ | Beijing |
| Country | China |
| Website | lixiang.com |
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