#4
Li Auto
Li Auto is China's most profitable domestic EV startup, posting a net income of $1.2 billion in 2024, driven by its focus on extended-range electric vehicles (EREVs) like the Li L9. These combine a 1.5-liter petrol generator with a 44.5-kWh battery to deliver a combined range of 1,315 km (NEDC).
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