Li Auto
Hanyu Pinyin | Lǐxiǎng Qìchē | |
Website | lixiang.com | |
---|---|---|
Footnotes / references [2] |
Li Auto Inc. (
History
In 2015, Li Xiang, founder of Chinese website PCPop and automotive website Autohome.com.cn, created a company called Beijing Chehejia Information Technology (Chehejia translates as "Car and Home"). It started its operations by developing and producing
In 2019, the holding company Chehejia Technologies, based in the Cayman Islands, rebranded itself as Leading Ideal Inc. The following year, it shortened the name to Li Auto, and the company was renamed Li Auto Inc. In Chinese, the brand is commonly known as Lixiang (理想).[4]
Li Auto unveiled its first model, named the
In July 2020, Li Auto made its debut on the Nasdaq stock market under the stock code "LI," raising USD 1.1 billion in its initial round of financing.[5][6] Investors of the company include Meituan and Source Code Capital.[7] Despite strong sales and significant popularity in the Chinese market, the company encountered difficulties in securing sufficient investment during its first year on the stock exchange, closing at only 70% of the anticipated value for its initial financing round.[8][9]
In October 2021, Li Auto started the construction of its second plant in
In 2022, Li Auto underwent a comprehensive portfolio overhaul, introducing a new design language and expanding its model lineup from the existing
In November 2023, Li Auto presented its fourth model, Li Mega, a full-size flagship MPV. It is the first battery electric car produced by the company.[14]
Controversy
In the spring of 2020, the media circulated reports of users having problems with their SUV, the Li Auto One. An owner reported problems with the operation of the braking system, and just a day after this information appeared, another driver of the Li Auto One complained about the smell of smoke in the passenger compartment. The manufacturer denied that the risk of these defects affected other versions of the hybrid SUV.[15]
In July 2021, the Chinese social media
Models
Current models
- EREV SUV
- Li Auto L8 (2022–present), mid-size EREV SUV
- Li Auto L7 (2023–present), mid-size EREV SUV
- Li Auto L6 (to commence), compact EREV SUV
- Li Auto Mega (2024–present), full-size BEV MPV
-
Li Auto L9
-
Li Auto L8
-
Li Auto L7
-
Li Auto MEGA
Discontinued models
- Li Auto One (2019–2022), mid-size crossover EREV SUV
-
Li Auto One
Sales
Year | Sales |
---|---|
2019 | 1,000 |
2020 | 33,457 |
2021 | 90,491[17] |
2022 | 133,246[17] |
2023 | 376,030[18] |
See also
- List of automobile manufacturers of China
- Automotive industry in China
- New energy vehicles in China
- Nio Inc.
- XPeng
- Leapmotor
- BYD Auto
References
- ^ a b c https://www.sec.gov/Archives/edgar/data/1791706/000104746920004077/a2241802zf-1.htm [bare URL]
- ^ "Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results". Li Auto. 2024-02-26. Retrieved 2024-04-14.
- ^ 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.
- ^ a b c Breevoort, Leo (2021-09-12). "The Big Read: History of Li Auto". CarNewsChina.com. Retrieved 2024-04-13.
- ^ Liao, Rita (2020-07-30). "China's electric SUV maker Li Auto raises $1.1 billion in US IPO". TechCrunch. Retrieved 2022-10-03.
- ^ "Chinese EV startup Li Auto goes public in the US, raises $1.1 billion". Retrieved 2022-12-18.
- ^ "Chinese EV maker Lixiang files for U.S. IPO of at least $500 million: sources". Reuters. 2020-01-03. Retrieved 2022-12-25.
- ^ "Li Auto Establishes Vehicle Services Firm in Shanghai With 1B Yuan". Retrieved 2022-12-18.
- ^ "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.
- ^ Zhang, Phate (2021-10-16). "Li Auto's 2nd plant starts construction in Beijing, production expected in 2023". CnEVPost. Retrieved 2024-04-13.
- ^ "L9 zadebiutuje w Pekinie. SUV plug-in z wyposażeniem premium" (in Polish). Retrieved 2022-12-18.
- ^ "Li Auto Inc. Unveils Li L8, Its Six-Seat, Large Premium Smart SUV for Families, and Li L7, Its Five-Seat, Large Flagship Smart SUV for Families". Retrieved 2022-12-18.
- ^ "Li Auto faces owner outcry as it discontinues Li ONE in Oct to make way for Li L8". Retrieved 2022-12-18.
- ^ "Li Auto officially unveils its 1st BEV Li Mega and starts pre-sales". Retrieved 2023-11-20.
- ^ "Lixiang Denies Risks of First Model after Brake Issue". Retrieved 2020-09-22.
- ^ "Tesla is not alone. "Mercurygate" is shaking Li Auto's reputation in China [video inside]". Retrieved 2021-07-08.
- ^ a b Zhang, Phate (2023-02-15). "Li Auto to report Q4 earnings on Feb 27". CnEVPost. Retrieved 2023-12-27.
- ^ "理想汽车2023年12月交付50,353辆" [Li Auto will deliver 50,353 vehicles in December 2023]. Li Auto. 2024-01-01. Retrieved 2024-01-03.