Li Auto Inc
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Li Auto Inc
Accounts Payable
Li Auto Inc
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Li Auto Inc
HKEX:2015
|
Accounts Payable
ÂĄ46.1B
|
CAGR 3-Years
149%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Great Wall Motor Co Ltd
SSE:601633
|
Accounts Payable
ÂĄ35.2B
|
CAGR 3-Years
11%
|
CAGR 5-Years
15%
|
CAGR 10-Years
14%
|
||
BYD Co Ltd
SZSE:002594
|
Accounts Payable
ÂĄ237.5B
|
CAGR 3-Years
63%
|
CAGR 5-Years
63%
|
CAGR 10-Years
38%
|
||
Seres Group Co Ltd
SSE:601127
|
Accounts Payable
ÂĄ29.6B
|
CAGR 3-Years
83%
|
CAGR 5-Years
49%
|
CAGR 10-Years
N/A
|
||
SAIC Motor Corp Ltd
SSE:600104
|
Accounts Payable
ÂĄ170.9B
|
CAGR 3-Years
9%
|
CAGR 5-Years
6%
|
CAGR 10-Years
10%
|
||
Chongqing Changan Automobile Co Ltd
SZSE:000625
|
Accounts Payable
ÂĄ34.3B
|
CAGR 3-Years
14%
|
CAGR 5-Years
18%
|
CAGR 10-Years
12%
|
Li Auto Inc
Glance View
In the bustling landscape of China's automotive sector, Li Auto Inc. has carved out a distinctive niche by pioneering the development and sale of electric vehicles. Founded by Li Xiang, the company has emerged as one of the prominent players in the Chinese EV market, channeling its focus on extended-range electric vehicles (EREVs). Li Auto's strategic commitment to EREVs capitalizes on existing infrastructure, offering consumers an eclectic mix of electric efficiency and the reassurance of a gasoline-powered generator for extended drives. This innovative approach addresses range anxiety, a persistent concern among EV customers, making the company's vehicles particularly appealing to those navigating China's expansive geography. Li Auto generates revenue primarily through vehicle sales, leveraging the allure of its hybrid technology to capture a broad customer base seeking reliability and innovation. Instead of venturing into aggressively futuristic designs, Li Auto has maintained a pragmatic approach, ensuring its vehicles cater to family-oriented needs by prioritizing space and utility. With each model launch, the company strengthens its value proposition, integrating smart technology and functionality to enhance the driving experience. Moreover, Li Auto's business model extends beyond vehicle sales, tapping into the potential of complementary services such as autonomous driving features and smart energy solutions, setting the stage for continued growth in a rapidly evolving market.
See Also
What is Li Auto Inc's Accounts Payable?
Accounts Payable
46.1B
CNY
Based on the financial report for Dec 31, 2023, Li Auto Inc's Accounts Payable amounts to 46.1B CNY.
What is Li Auto Inc's Accounts Payable growth rate?
Accounts Payable CAGR 3Y
149%
Over the last year, the Accounts Payable growth was 199%. The average annual Accounts Payable growth rates for Li Auto Inc have been 149% over the past three years .