Li Auto Inc.LI
What Li Auto Inc. does.
We are a leader in China’s NEV market. We design, develop, manufacture, and sell premium smart electric vehicles. Our mission is: Be Proactive, Change the World (“ 主动积极，改变世界 ”). Through innovations in product, technology, and business model, we provide families with safe, convenient, and comfortable products and services.
Our vehicle products include both EREVs and BEVs. As a pioneer in successfully commercializing EREVs in China, we started volume production of EREVs in November 2019 with our first model Li ONE, a six-seat, large premium smart electric SUV with phenomenal performance. While firmly advancing along our technological route, we build platforms for battery electric vehicles in parallel. Our current model lineup includes a high-tech flagship family MPV, four Li L series extended-range electric SUVs, and two Li i series battery electric SUVs. We will continue to expand our product lineup to target a broader user base.
We are dedicated to serving the mobility needs of families in China. To this end, we strategically focus on NEVs priced over RMB200,000 (US$28,600). In light of diverse family needs in terms of price range, vehicle size, seat options, powertrain and intelligence level, we have developed different vehicle series and models to capture these needs. Leveraging our enhanced product strengths and operating efficiency, we have consistently set new record highs in deliveries. On October 18, 2024, we hit the one million cumulative vehicle deliveries milestone, becoming the first emerging new energy automotive brand in China to reach this benchmark, just 58 months after delivering our first vehicle in December 2019. In December 2025, we surpassed the milestone of 1.5 million cumulative vehicle deliveries. The cumulative deliveries of our vehicles reached 1,540,215 as of December 31, 2025.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $9.5B | $27.0B | $45.3B | $123.9B | $144.5B | $112.3B |
| Net income | -$151.7M | -$321.5M | -$2.0B | $11.7B | $8.0B | $1.1B |
| Free cash flow | $2.5B | $4.9B | $2.3B | $44.2B | $8.2B | -$12.8B |
More on LI.
- Li Auto Inc. summary
- Li Auto Inc. financial statements
- Li Auto Inc. key metrics
- Li Auto Inc. health scores and style box
- Li Auto Inc. earnings
- Li Auto Inc. dividends
- Li Auto Inc. valuation
- Li Auto Inc. ownership and insiders
- Li Auto Inc. peers
Figures from Li Auto Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.