Li Auto, Inc. is an innovator in China's new energy vehicle market. Li Auto designs, develops, manufactures, and sells premium smart electric SUVs. Through innovative products, technology, and business model, Li Auto provides customers with safe, convenient, and cost-effective mobility solutions. Li Auto is the first to successfully commercialize extended-range electric vehicles in China. Li Auto started volume production of its first model, Li ONE, in November 2019. With Li ONE, Li Auto leverages its in-house technology to create value for its customers, focusing on range extension, smart technology, and autonomous driving solutions. Beyond Li ONE, Li Auto aims to expand its product line by developing new vehicles to target a broader consumer base.