Li Auto

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Li Auto is a pioneer in the extended-range electric vehicle (EREV) market in China and is one of the most prominent players in the field.
Founded: Jul 2015
Founder: Li Xiang
Ticker: NASDAQ: LI
HQ: Beijing
2024 revenue: RMB 144.46 billion
Website: lixiang.com
  • Li Auto delivered record 14,087 vehicles in Dec, up 130% year-on-year

    In the fourth quarter, Li Auto delivered 35,221 units, exceeding the upper end of the previously guided range of 30,000-32,000.

  • Li Auto reportedly to scale back vehicle warranties

    Li Auto's lifetime warranty on the vehicle's battery, drive motor and motor controller will reportedly be reduced to eight years or 120,000 kilometers.

  • Li Auto slaps Volkswagen in the face with Li ONE sales results

    Last year a Volkswagen executive said extended-range EVs were the worst solution. Sales of the Li ONE with this technology have now exceeded the combined sales of Volkswagen's mid-size SUVs in China.

  • Li Auto signs strategic co-op framework agreement with southwest Chinese city Chongqing

    Li Auto's founder said the company will increase its investment in Chongqing and deepen its strategic partnership with the city.

  • Deutsche Bank ups Li Auto price target to $34, maintains Hold rating

    Edison Yu's team updated their sales forecast for Li Auto in 2022, expecting the company to deliver an average of 10,000 Li ONEs per month and 15,000 units of the new SUV next year.

  • Li Auto rolls out OTA 3.0 update to Li ONEs, brings highly anticipated Navigation on Autopilot feature

    Li Auto has become the latest local automaker to offer navigation-assisted driving features after Nio and Xpeng Motors.

  • Li Auto delivered record 13,485 vehicles in Nov, up 190% year-on-year

    Li Auto's previous guidance for fourth quarter deliveries was 30,000-32,000 vehicles, meaning it is expected to deliver 8,866-10,866 units in December.

  • Deutsche Bank's first look on Li Auto's Q3 earnings report

    Deutsche Bank's Edison Yu's team sent their first look to investors following Li Auto's third-quarter report.

  • Li Auto to unveil its second model, X01, in Q2 2022

    Li Auto's first battery electric vehicle is expected to begin deliveries in the second half of 2023.

  • Li Auto posts Q3 revenue of $1.21 billion, beating expectations

    Li Auto reported a net loss of RMB 21.5 million in the third quarter, narrowing by 80 percent from the same quarter last year and 91 percent from the second quarter.