Li Auto Inc. (LI) Q4 2024 Earnings Call Transcript


Li Auto Inc. (NASDAQ:LI) Q4 2024 Earnings Conference Call March 14, 2025 8:00 AM ET

Company Participants

Janet Chang – Investor Relations Director
Xiang Li – Chairman & Chief Executive Officer
Johnny Tie Li – Chief Financial Officer

Conference Call Participants

Paul Gong – UBS
Tim Hsiao – Morgan Stanley
Tina Hou – Goldman Sachs
Ben Wang – Deutsche Bank
Yingbo Xu – CITIC Securities

Operator

Hello, ladies and gentlemen, thank you for standing by for Li Auto’s Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. Today’s conference call is being recorded.

I will now turn the call over to your host, Ms. Janet Chang, Investor Relations Director of Li Auto. Please go ahead, Janet.

Janet Chang

Thank you. Good evening and good morning, everyone. Welcome to Li Auto’s fourth quarter and full year 2024 earnings conference call. The company’s financial and operating results were published in our press release earlier today and are posted on the company’s IR website.

On today’s call, we will have our Chairman and CEO, Mr. Xiang Li; and our CFO, Mr. Johnny Tie Li, to begin with prepared remarks. Our President, Mr. Donghui Ma, and Senior Vice President, Mr. James Liangjun Zou, will join for the Q&A discussion.

Before I continue, please be reminded that today’s discussion will contain forward-looking statements made under the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company’s actual results may be materially different from the views expressed today.

Further information regarding risks and uncertainties is included in certain company filings with the US Securities and Exchange Commission and the Stock Exchange of Hong Kong Limited. The company does not assume any obligation to update



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