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Li Auto Inc., founded by Li Xiang in 2015, is a prominent player in the electric vehicle market in China. Headquartered in Beijing with manufacturing facilities in Changzhou, Li Auto specializes in the development and production of premium smart NEVs (New Energy Vehicles), focusing specifically on electric vehicles that utilize range extenders for power supply.
In November 2019, Li Auto commenced volume production of its first model, the Li One, a large premium plug-in electric SUV with a six-seater configuration. The Li One is equipped with a sophisticated range extension system and advanced smart vehicle solutions, making it a popular choice among consumers. By 2023, Li Auto had sold over 376,000 NEVs, capturing approximately 4% of China's passenger new energy vehicle market.
Li Auto is not limited to the Li One model; the company is actively expanding its product line to include both Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs), aiming to cater to a broader range of consumer needs. This strategic diversification underscores Li Auto's commitment to innovation and market leadership in the premium NEV segment.
The company's recent achievements and current projects highlight its dynamic presence in the automotive industry. For instance, Li Auto has recently launched new models and continuously updates its existing lineup to incorporate the latest technological advancements. Moreover, Li Auto's strategic partnerships and collaborations further bolster its market position, driving growth and enhancing its competitive edge.
Financially, Li Auto has demonstrated robust performance. The company's recent financial highlights for the first quarter of 2024 reveal key metrics such as revenue, cost of sales, gross margin, operating expenses, and net income. These financial results reflect Li Auto's operational efficiency and market demand for its innovative products.
For investors and stakeholders, Li Auto Inc. represents a compelling opportunity in the rapidly evolving electric vehicle market. With a strong foundation, strategic vision, and commitment to excellence, Li Auto is well-positioned to continue its growth trajectory and make significant strides in the NEV industry.
Li Auto Inc. (Nasdaq: LI; HKEX: 2015), a leading player in China’s new energy vehicle sector, announced the upcoming release of its unaudited financial results for Q1 2023 on May 10, 2023, before the U.S. market opens. The company’s management will conduct an earnings conference call on the same day at 8:00 A.M. Eastern Time. Investors eager to participate must register online to receive call access details. A replay of the call will be available until May 17, 2023. Li Auto, established in November 2019, specializes in premium smart electric vehicles and is recognized for successfully commercializing extended-range electric vehicles in China, with key models including the Li L9, L8, L1, and L7. The company focuses on technological innovations to enhance user experience.
Li Auto Inc. (Nasdaq: LI; HKEX: 2015) will hold its annual general meeting (AGM) on May 31, 2023, at 10:00 a.m. Beijing time. The meeting's agenda includes considering proposed resolutions detailed in the AGM Notice, available on the company's website. Shareholders must hold shares by April 27, 2023, to vote. The company filed its annual report on Form 20-F with the SEC, which can be accessed online. Li Auto is a leader in China's new energy vehicle market, focusing on electric vehicles and extended-range electric vehicles (EREVs). The company emphasizes innovation in product and technology, aiming to enhance user experience.
Li Auto Inc. (Nasdaq: LI; HKEX: 2015), a leading name in China's new energy vehicle sector, filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the Securities and Exchange Commission on April 21, 2023. This report is accessible on the Company’s investor relations website. Li Auto offers to provide a hard copy of the annual report containing audited financial statements at no cost upon request from shareholders and ADS holders.
As a pioneer in extended-range electric vehicles, Li Auto commenced volume production in November 2019. The company's vehicle lineup features models like the Li L9, Li L8, Li ONE, and Li L7, all designed to provide a comfortable and innovative driving experience. Their focus remains on advancing electric vehicle technology and expanding product offerings to serve a diverse user base.
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