Is Li Auto a domestic or joint venture car?
2 Answers
Li Auto is a domestic brand. Additional information is as follows: 1. The Li Auto brand originates from considerations of user needs and investments in technological research and development. As a pure intelligent electric vehicle brand, it aims to create smart electric vehicles without range anxiety for users. 2. On April 10, 2019, Li Auto launched its first model, the Li ONE. 3. The vehicle adopts a relatively complex extended-range technology solution, combining a large-capacity battery pack with a high-power range extender power generation system to address the range anxiety of current pure electric vehicles. 4. Li Auto is a new energy vehicle company founded by Li Xiang in July 2015. The company was previously named 'Chehejia' and was renamed to Li Auto in March 2019, with the goal of creating 'mid-to-large-sized SUVs without range anxiety.' 5. Li Auto officially states that the ONE can achieve an NEDC comprehensive range of 800 kilometers, with the urban driving range potentially exceeding 1,000 kilometers.
I've always paid attention to the capital background of new energy vehicle brands, and I can clearly say that Li Auto is an authentic domestic car. Although it is listed on NASDAQ for financing, the company entity is Beijing Chehejia Information Technology Co., Ltd., with both R&D and manufacturing based in China. In the Changzhou production base, the welding, painting, and assembly workshops are all operated by Chinese workers, and the supply chain mainly relies on local enterprises like CATL. If there's any difference, it's indeed better at using U.S. stock market funds for R&D compared to other traditional domestic cars, but from design to production, it's fundamentally made in China.
