Li Auto Inc. is a Cayman Islands holding company primarily engaged in the design, development, manufacturing, and sales of new energy vehicles (NEVs) in China. The company focuses on premium smart electric vehicles, including extended-range electric vehicles (EREVs) and battery electric vehicles (BEVs). Li Auto sells vehicles and provides additional services such as charging solutions and after-sales services.
- Vehicle Sales - Designs, manufactures, and sells premium smart electric vehicles, including extended-range electric SUVs and battery electric SUVs.
- Other Sales and Services - Offers sales and installation of charging stalls, goods from the online store, accessories, non-warranty after-sales services, commission service fees, and services under the Li Plus Membership.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Donghui Ma ExecutiveBoard | Director and President | Director and President of Li Auto since January 2023 , previously served as Chief Engineer from September 2015 to December 2022. | ||
Li Xiang ExecutiveBoard | CEO | Li Xiang is the Founder, CEO, and Chairman of the Board at Li Auto Inc., with over 25 years of experience in technology and automotive industries. He has previously held leadership roles at Autohome Inc. and served as a director at NIO Inc.. | View Report → | |
Tie Li ExecutiveBoard | Director and Chief Financial Officer | Independent Non-Executive Director at Gushengtang Holdings Limited | Tie Li has been serving as Director and Chief Financial Officer at Li Auto Inc. since July 2016. He previously held key roles at PricewaterhouseCoopers and Autohome Inc. and is currently an Independent Non-Executive Director at Gushengtang Holdings Limited. | |
Liangjun Zou Executive | Senior Vice President | Liangjun Zou has served as Senior Vice President at Li Auto since April 2023, responsible for leading sales and services. Previously, he held senior sales and marketing roles at Huawei, contributing to the company's global expansion. | ||
Yan Xie Executive | Chief Technology Officer | Yan Xie has been serving as the Chief Technology Officer of Li Auto since December 2022 and as Senior Vice President since July 2022. He previously held executive roles at Huawei, Alibaba, and Intel. | ||
Fan Zheng Board | non-executive director | Fan Zheng has served as a non-executive director at LI since July 2019 and as an independent director since October 2020; he was previously a co-founder and vice president at Autohome from June 1999 to October 2016. | ||
Jiang Zhenyu Board | Independent Non-Executive Director | Chief Financial Officer of Dida Inc.; Joint Company Secretary of Dida Inc. | Jiang Zhenyu has served as an Independent Director at Li Auto since August 2021 and contributes to corporate governance through his roles on the audit, compensation, and nominating committees. He brings extensive experience in finance, law, and engineering from his past roles, including his current positions at Dida Inc.. | |
Prof. Xiao Xing Board | independent non-executive director | Mango Excellent Media Co., Ltd.; Kuaishou Technology; Aixin Life Co., Ltd. | Prof. Xiao Xing is an independent non-executive director at Li Auto since August 2021. She is also a professor and Head of the Accounting Department at Tsinghua University and holds active roles at Mango Excellent Media Co., Ltd.; Kuaishou Technology; and Aixin Life Co., Ltd. | |
Wang Xing Board | non-executive director | Wang Xing is a non-executive director at Li Auto Inc. The documents indicate his primary role at LI with limited details on his prior career history or other contributions. | ||
Zhao Hongqiang Board | Independent Director | YSB Inc. - Independent non-executive director (June 2023); Beisen Holding Limited - Independent non-executive director (March 2023); Gogox Holdings Limited - Independent non-executive director (August 2021); HUYA Inc. - Independent director (May 2018) | Zhao Hongqiang has served as an independent director at Li Auto since July 2020 and is recognized for his expertise in financial management and governance. He previously held key roles including CFO at Bairong Inc. from June 2018 to May 2023 and CFO at NetEase Lede Technology from October 2014 to June 2018. |
- With the persistent decline in L Series sales volumes, how do you plan to counteract the negative effects of product mix changes and high sales incentives while meeting your full-year delivery targets through channel and marketing adjustments?
- Given the current stage of testing for your in-house design chip, what are the potential risks that could delay its deployment next year, and how will those risks impact your competitive positioning in AI-driven ADAS?
- Your overseas expansion strategy into markets like the Middle East, Central Asia, and Europe poses significant brand recognition and regulatory challenges; what specific adjustments in marketing and product compliance do you plan to implement to overcome these hurdles?
- In light of the widening negative operating cash flow due to extended supplier payment terms, what measures are you taking to safeguard liquidity and ensure that short-term cash pressures do not derail your operational goals?
- As you aggressively advance your VLA and autonomous driving technologies, what are the key regulatory and technical challenges you anticipate on the path to achieving L4 autonomy by 2027, and how will you prioritize funding to effectively address these issues?
Research analysts who have asked questions during Li Auto earnings calls.
Tina Hou
Goldman Sachs Group, Inc.
7 questions for LI
Bin Wang
Deutsche Bank
6 questions for LI
Paul Gong
UBS
6 questions for LI
Tim Hsiao
Morgan Stanley
5 questions for LI
Yingbo Xu
CITIC Securities Company Limited
5 questions for LI
Jing Chang
CICC
4 questions for LI
Yuqian Ding
HSBC
1 question for LI
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Joint Venture for Automotive Power Modules and Electronics Products | 2022 | Acquired 70% equity interest through a joint venture aimed at designing, producing, and selling automotive power modules and electronics products with a cash consideration of RMB210,000, and the deal closed in April 2022 with Li Auto obtaining control and consolidating the venture (the remaining 30% interest is held by another party). |
Xin Wang Da Electric Vehicle and Battery Limited | 2022 | Invested RMB400,000 to purchase Series Pre-A preferred shares resulting in approximately 3.2% equity ownership, with the investment accounted for using the measurement alternative and fully paid by June 30, 2022. |
Recent press releases and 8-K filings for LI.
- Li Auto Inc. announced that on June 11, 2025, plaintiffs in a securities class action lawsuit attempted to serve the complaint on executive directors Mr. Li Xiang, Mr. Ma Donghui, and Mr. Li Tie.
- The lawsuit, consolidated under Banurs v. Li Auto Inc. et al, alleges misstatements and omissions in the Company's SEC filings regarding its business outlook, in violation of U.S. securities laws.
- While the lawsuit is in its preliminary stage, Li Auto Inc. believes it is without merit and intends to defend its position vigorously, though an adverse outcome could have a material adverse effect on its business and financial condition.
- The Board does not believe the lawsuit has any material adverse impact on the Group's business or operations, but advises shareholders to exercise caution when dealing in the Company's securities.