MELANY's data-driven read on Li Auto Inc..
Li Auto, founded in 2015, is one of China's leading new energy vehicle (NEV) makers, designing, developing, manufacturing, and selling premium smart NEVs focused on family-size premium SUVs and MPVs. It started volume production of its first model, the Li One plug-in electric SUV, in November 2019, and its lineup now also includes fully battery-powered EVs; it sold over 400,000 NEVs in 2025, about 3% of China's passenger NEV market.
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