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Morningstar

Morningstar

Aug 27, 2026

Li Auto Inc.: Li Auto Earnings: Weak Volume and Vehicle Margins Drive Losses; Guidance Disappoints

Symbols

LI

Sector(s)

Consumer Cyclical

Rating

Current Price

12.37

Fair Value

Economic Moat

Stewardship

Summary

Li Auto is one of China's leading new energy vehicle manufacturers. Founded in 2015, the company designs, develops, manufactures, and sells premium smart NEVs with a particular focus on family size premium SUVs and MPVs. Li Auto started volume production of its first model—the Li

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