Li Auto is a holding company, Through its subsidiaries, Co. is primarily engaged in the design, development, manufacturing, and sales of new energy vehicles in the People's Republic of China. Co. designs, develops, manufactures, and sells electric sport utility vehicles (SUVs). Co.'s first model, Li ONE, is a six-seat, electric SUV equipped with a range extension system and smart vehicle solutions technology. Co. has developed a data-driven, closed-loop digital platform to manage all customer interactions from sales to customer reviews. Co. also maintains its own sales and distribution infrastructure and sells its vehicles directly to customers.