Lixiang
Lixiang, formerly known as Chehejia, is a car company that specializes in developing electric vehicles. Learn more
Launch date
Employees
Market cap
$20.2b
Enterprise valuation
$8.7b (Public information from Sep 2024)
Share price
$20.76 LI
Beijing China (HQ)
Financials
Estimates*
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 284m | 9.5b | 27.0b | 45.3b | 123.9b | 190.2b | 257.1b |
| % growth | (99 %) | 3225 % | 186 % | 68 % | 173 % | 54 % | 35 % |
| EBITDA | (1.9b) | (394m) | (6.8m) | (2.1b) | 10.5b | - | - |
| % EBITDA margin | (652 %) | (4 %) | - | (5 %) | 9 % | - | - |
| Profit | (2.4b) | (152m) | (321m) | (2.0b) | 11.7b | - | - |
| % profit margin | (858 %) | (2 %) | (1 %) | (4 %) | 9 % | - | - |
| R&D budget | 1.2b | 1.1b | 3.3b | 6.8b | 10.6b | - | - |
| R&D % of revenue | 411 % | 12 % | 12 % | 15 % | 9 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
CNY780m | Series A | ||
CNY620m | Series A | ||
CNY3.0b | Series B | ||
$29.7m Valuation: $9.8b 1.4x EV/LTM Revenues -62.2x EV/LTM EBITDA | Late VC | ||
$530m Valuation: $2.4b 0.3x EV/LTM Revenues -15.2x EV/LTM EBITDA | Series C | ||
$550m Valuation: $4.0b 102.3x EV/LTM Revenues -15.7x EV/LTM EBITDA | Late VC | ||
| N/A | $1.1b Valuation: $10.0b 255.8x EV/LTM Revenues -39.2x EV/LTM EBITDA | IPO | |
| N/A | N/A | IPO | |
* | N/A | $863m | Post IPO Convertible |
| Total Funding | $1.7b | ||
Recent News about Lixiang
EditMore about Lixiang
EditLi Auto is a customer-oriented automotive technology company.
Tech stack
Tech stackLearn more about the technologies and tools that this company uses.
