Under-the-Radar Li Auto Wins More Plaudits With Record Profit Haul
Li Auto (LI) may not dominate headlines like Tesla, but perhaps it should. In 2024 alone, the company delivered over 500,000 vehicles, expanded its global R&D presence, and continued scaling China’s largest highway fast-charging network. Notably, Li Auto stands out in the sector for its profitability, strong balance sheet, and plans to launch two new models in 2025. In an industry often defined by lofty valuations and high expectations, Li Auto’s disciplined execution and relatively modest valua