Company Directory - Li Auto Inc.
Company Details - Li Auto Inc.
Li Auto Inc.
WebsiteBeijing, China
ISIN: US50184L1044
Li Auto Inc. is a Chinese electric vehicle manufacturer that designs and produces smart electric vehicles, focusing on innovative technology and user-friendly designs for a better driving experience.
CCI Score
CCI Score: Li Auto Inc.
18.74
-0.01%
Latest Event
Large-Scale Layoffs at Li Auto Following MPV Sales Failure
Li Auto has initiated extensive layoffs and various cost-cutting measures following disappointing sales of its Li Mega MPV, with employee reductions reported to be between 5,600 and 10,000. The layoffs, which began in mid-May 2024, include cutting back on non-core support functions such as office staff and customer service, raising concerns about the company's labor practices.
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SABOTEUR
Li Auto Inc. is currently rated as a Saboteur.
Latest Events
- MAY152024
Li Auto has initiated extensive layoffs and various cost-cutting measures following disappointing sales of its Li Mega MPV, with employee reductions reported to be between 5,600 and 10,000. The layoffs, which began in mid-May 2024, include cutting back on non-core support functions such as office staff and customer service, raising concerns about the company's labor practices.
-50
Labor Relations and Human Rights Practices
April 9
The large-scale layoffs and cost-cutting measures at Li Auto, including reducing staffing and eliminating employee benefits like free access to company gyms, indicate a disregard for fair labor practices and worker welfare. This action contributes negatively to the company’s ethical responsibility towards its workforce.
China's Li Auto Is Letting Go Staff After MPV Sales Disappoint, Workers Say
- APR122024
Li Auto Inc. published its 2023 Environmental, Social and Governance (ESG) report, detailing its progress in areas such as corporate governance, employee well-being, carbon reduction initiatives, and community engagement. The report outlines the company’s commitment to sustainable practices and ethical operations.
+50
Business Practices and Ethical Responsibility
April 9
The release of the ESG report demonstrates Li Auto’s proactive approach towards sustainability and ethical business practices. By emphasizing corporate governance, employee well-being, and community engagement, the company seeks to align its operations with responsible and transparent practices that counter authoritarian exploitation in business. This positive initiative supports broader progressive values.
Li Auto Inc. Releases 2023 Environmental, Social and Governance Report
- APR122024
Li Auto Inc. published its 2023 ESG Report on April 12, 2024, showcasing its commitment to sustainability, transparency, and corporate responsibility. The report details initiatives aimed at environmental stewardship and ethical business practices, aligning with progressive values and worker rights.
+50
Business Practices and Ethical Responsibility
April 9
The release of the ESG report reflects a strong commitment to sustainable and ethical business practices. By transparently disclosing its environmental, social, and governance initiatives, Li Auto is setting a positive example for corporate responsibility, worker rights, and inclusivity, which are crucial components in the fight against authoritarian and fascist practices.
- FEB212024
Li Auto's CEO called on the Beijing government to facilitate mergers among financially troubled EV makers, an effort aimed at stabilizing the new-energy vehicle market through direct state intervention.
-30
Executive Political Engagement
April 9
The CEO's public call for government-driven mergers highlights an instance of executive political engagement where corporate interests seek to shape state policy. This move, while presented as a stabilization effort, raises concerns about corporate cronyism and the potential undermining of competitive market practices and worker rights.
Li Auto CEO presses Beijing to spur mergers among distressed EV makers
- FEB212024
Li Xiang, founder, chairman and CEO of Li Auto, called on Chinese policymakers to establish a structured mechanism for mergers and acquisitions among auto companies. In his remarks, he emphasized that such a framework could revitalize idle plants, generate tens of thousands of stable jobs, and significantly boost economic output and tax revenues, thus helping to cushion communities from the adverse effects of poorly managed closures.
+50
Public and Political Behavior
April 9
Li Auto's CEO is engaging in a high-profile public call on policymakers to create a mechanism for auto industry mergers. This type of public political behavior suggests a proactive effort to shape public policy that could benefit workers and communities through enhanced stability in an industry undergoing transition.
Li Auto CEO calls on China to establish mechanism to facilitate M&As between automakers
+40
Economic and Structural Influence
April 9
The proposal highlights broader economic benefits such as job creation, increased tax revenue, and revitalization of underused industrial assets. These factors contribute to a more resilient societal structure and support long‐term public investment in community welfare, aligning with anti-authoritarian and progressive economic strategies.
Li Auto CEO calls on China to establish mechanism to facilitate M&As between automakers
- FEB212024
Li Auto CEO Li Xiang called on the Chinese government to facilitate industry mergers among struggling EV manufacturers, arguing that proactive consolidation could mitigate severe social losses from potential bankruptcies. This call was reported by Bloomberg and highlights an effort to stabilize the market during a period of declining shipments and increased competition.
+60
Executive Political Engagement
April 9
The CEO’s public appeal for government-led facilitation of mergers is intended to prevent the greater social harm that widespread bankruptcies could cause. This proactive stance supports stronger governmental intervention in economic restructuring, aiming to protect workers and stabilize the industry, which aligns with anti-authoritarian measures.
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Corporate Financials
- Revenue
- 2025
- $5.00B
- Total Assets
- 2025
- $6.00B
- Operating Income
- 2025
- $800.00M
- Total Equity
- 2025
- $1.50B
Industries
- 336120
- Heavy Duty Truck Manufacturing
- 423110
- Automobile and Other Motor Vehicle Merchant Wholesalers
- 336111
- Automobile Manufacturing
- 336112
- Light Truck and Utility Vehicle Manufacturing