Quick Answer
Li Auto Inc. reported R&D Expense of $1.52 billion for fiscal year 2024.
Li Auto Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $1.52B | -85.7% |
| 2023 | $10.59B | +56.1% |
| 2022 | $6.78B | +106.3% |
| 2021 | $3.29B | +198.8% |
| 2020 | $1.10B | -5.9% |
| 2019 | $1.17B | +47.3% |
| 2018 | $793.72M | — |
- Li Auto Inc. showed a decrease of -85.7% in R&D Expense compared to the prior fiscal year.
- Over the 2018–2024 period, Li Auto Inc.’s r&d expense has grown by 91.1% (from $793.72 million to $1.52 billion).
- The most recent figure is from Li Auto Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 10, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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