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Li Auto Inc. Releases 2021 Environmental, Social and Governance Report

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Li Auto Inc. has published its 2021 Environmental, Social and Governance (ESG) report, showcasing its sustainability strategies and performance. The report highlights compliance, governance, product innovation, employee care, green operations, and community contributions. As a leader in China's new energy vehicle sector, Li Auto aims to set future ESG goals while continuing to innovate in smart electric vehicles and expanding its product line beyond its flagship model, Li ONE.

Positive
  • Published 2021 ESG report, indicating commitment to sustainability.
  • Details strategies for compliance, governance, and community engagement.
  • Continues to innovate in smart electric vehicles and plans to expand product offerings.
Negative
  • None.

BEIJING, China, April 19, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today published its 2021 Environmental, Social and Governance (ESG) report. It highlights the Company’s ESG strategies and accomplishments with respect to sustainable operations, while setting a framework for its future ESG goals and practices.

The report details Li Auto’s sustainability strategies and its 2021 ESG performance regarding compliance and governance, product and innovation, inclusive care for employees, green operations, and community contribution.

To learn more about the Company’s ESG efforts and download the full ESG report in simplified Chinese, traditional Chinese, and English, please visit the ESG section of the Company’s investor relations website at http://ir.lixiang.com.

About Li Auto Inc.

Li Auto Inc. is a leader in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is to create homes on the move that bring happiness to the entire family (“创造移动的家,创造幸福的家”). Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium smart electric SUV. The Company started volume production of Li ONE in November 2019 and released the 2021 Li ONE in May 2021. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company will expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.

For more information, please visit: http://ir.lixiang.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Li Auto’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Li Auto’s strategies, future business development, and financial condition and results of operations; Li Auto’s limited operating history; risks associated with extended-range electric vehicles; Li Auto’s ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers; Li Auto’s ability to generate positive cash flow and profits; product defects or any other failure of vehicles to perform as expected; Li Auto’s ability to compete successfully; Li Auto’s ability to build its brand and withstand negative publicity; cancellation of orders for Li Auto’s vehicles; Li Auto’s ability to develop new vehicles; and changes in consumer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Li Auto’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Li Auto does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Li Auto Inc.
Investor Relations
Email: ir@lixiang.com

The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
Email: Li@tpg-ir.com

Brandi Piacente
Tel: +1-212-481-2050
Email: Li@tpg-ir.com


FAQ

What is Li Auto's focus in its 2021 ESG report?

Li Auto's 2021 ESG report focuses on compliance, governance, product innovation, employee care, green operations, and community contributions.

What does Li Auto aim to achieve with its 2021 ESG strategies?

Li Auto aims to establish a framework for future ESG goals while emphasizing sustainable operations.

How does Li Auto contribute to sustainability?

Li Auto contributes to sustainability through its ESG strategies that promote green operations and community engagement.

Where can I find Li Auto's 2021 ESG report?

The 2021 ESG report can be downloaded from Li Auto's investor relations website.

What is Li Auto's approach to product development?

Li Auto focuses on innovation in smart electric vehicles and plans to develop new vehicles, including BEVs and EREVs.

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