Li Xiang

Li Xiang

李想

Founder of PCPop, Autohome, and Li Auto, a serial entrepreneur who has reshaped China's automotive landscape.

Born: 10/5/1981
Nationality: China
Locations: Beijing, Hebei
FounderChairmanCEO
AutomotiveInternetElectric VehiclesMedia

Biography

Li Xiang, born in October 1981 in Hebei Province, is one of China's most influential and successful serial entrepreneurs of his generation. A high school dropout with an innate passion for technology and an obsessive focus on user needs, he has founded three highly successful companies: PCPop, Autohome, and Li Auto.

His entrepreneurial journey began in 1999 while still in high school, when he launched the IT-focused media site PCPop, which quickly grew into a leading platform. In 2005, he identified a new opportunity in the automotive sector, founding Autohome. Under his leadership, Autohome became the world's most-visited automotive website and successfully listed on the New York Stock Exchange in 2013.

After achieving significant success in the internet and media worlds, Li Xiang turned his attention to his ultimate passion: building cars. In 2015, he founded Li Auto (formerly CHJ Automotive) with a unique and pragmatic approach to the electric vehicle transition. Focusing on solving the range anxiety of Chinese families, he pioneered the commercialization of Extended-Range Electric Vehicles (EREVs). As Chairman and CEO, he has steered Li Auto to become one of China's premier EV manufacturers, known for its product clarity, operational efficiency, and profitability.

Education Background

  • Self-taught (Left high school to pursue entrepreneurship)

Major Achievements

  • Founded PCPop, his first venture, while still in high school.
  • Founded Autohome and led it to a successful IPO on the NYSE, creating China's largest online auto platform.
  • Founded Li Auto, a leading Chinese EV manufacturer, and led it to IPOs on both the Nasdaq and the Hong Kong Stock Exchange.
  • Pioneered the Extended-Range Electric Vehicle (EREV) market in China with the Li ONE.
  • Established Li Auto as one of the few profitable EV startups globally.

Business Philosophy

Li Xiang is a product manager in his very DNA. His philosophy is rooted in a deep, almost obsessive, understanding of user needs. He focuses on creating "hit products" for a clearly defined market segment—initially, Chinese families—and solving their most pressing pain points, such as range anxiety. He is famously data-driven, direct, and maintains a laser focus on operational efficiency and controlling costs, a discipline that has set Li Auto apart from many of its cash-burning competitors.

Innovation and Impact

Li Xiang's impact spans both the digital and physical worlds. With PCPop and Autohome, he transformed how Chinese consumers get information about technology and cars. With Li Auto, he challenged the conventional wisdom of the EV industry. While rivals chased a "pure EV" future, Li's pragmatic focus on EREVs as a transitional technology proved to be a brilliant market strategy, perfectly matching the needs of a huge segment of Chinese consumers. His success has established him as a giant in the global automotive industry and a role model for a generation of entrepreneurs.

Timeline

1981

October

Born in Shijiazhuang, Hebei

EducationMedium Impact

October 5, 1981

📍 Shijiazhuang, Hebei

Li Xiang was born in Shijiazhuang, the capital of Hebei Province, China.

Born into an ordinary family, Li Xiang showed an early fascination with computers and technology, a passion that would lead him to drop out of high school and become a teenage dot-com entrepreneur.
BirthEarly Life

1999

1999

Dropped Out of High School, Founded PCPop

FoundingHigh Impact

1999

📍 Shijiazhuang, Hebei

At age 18, Li Xiang dropped out of high school to found PCPop.com, a website for computer hardware reviews and news.

Instead of pursuing a university education, Li Xiang turned his hobby into a business. PCPop became a leading third-party IT media website in China, giving the young founder his first taste of entrepreneurial success and financial independence.
PCPopFoundingStartupDot-com boom

2005

2005

Founded Autohome

FoundingHigh Impact

2005

📍 Beijing

Li Xiang founded his second major venture, Autohome, an online portal for car consumers.

Recognizing the massive growth potential in China's auto market, Li Xiang created Autohome to provide comprehensive, user-friendly car reviews and information. This marked his pivotal entry into the automotive industry.
AutohomeFoundingAutomotiveInternet

2013

December

Autohome IPO on New York Stock Exchange

IPOHigh Impact

December 11, 2013

📍 New York, NY

Li Xiang led Autohome to a successful public listing on the NYSE, becoming a young, celebrated CEO of a listed company.

The IPO was a major milestone, cementing Autohome's position as the dominant online auto platform in China and making Li Xiang a wealthy and prominent figure in the tech industry. For him, however, it was the closing of one chapter and the start of a new ambition.
IPOPublic ListingNYSEAutohome

2015

July

Founded Li Auto (formerly CHJ Automotive)

FoundingHigh Impact

July 2015

📍 Beijing

After stepping down from Autohome, Li Xiang founded his third company, an electric vehicle startup initially named CHJ Automotive.

Driven by a desire to build a physical product and solve real-world problems for families, Li Xiang embarked on his most ambitious project yet. He founded Li Auto with a clear, pragmatic vision to solve range anxiety, a major barrier to EV adoption in China.
Li AutoFoundingStartupEV

2019

November

Launched the Li ONE

Product LaunchHigh Impact

November 2019

📍 Changzhou, Jiangsu

Li Auto began mass production of its first model, the Li ONE, a six-seat, extended-range electric SUV.

The Li ONE was a unique product in the market, directly targeting the pain points of Chinese families with its large size and its EREV powertrain that eliminated range anxiety. Its market success would prove the validity of Li Xiang's pragmatic strategy.
Li ONEProduct LaunchEREVLi Auto

2020

July

Li Auto IPO on Nasdaq

IPOHigh Impact

July 30, 2020

📍 New York, NY

Li Auto successfully went public on the Nasdaq, raising $1.1 billion just five years after its founding.

The IPO provided Li Auto with the crucial capital needed to scale production and R&D in the fiercely competitive EV market. It was a remarkable achievement, making it one of the fastest car companies to go public.
IPOPublic ListingNasdaqLi Auto

2021

August

Li Auto Dual Primary Listing in Hong Kong

IPOHigh Impact

August 12, 2021

📍 Hong Kong

Li Auto completed a dual primary listing on the Hong Kong Stock Exchange, raising another $1.5 billion.

This strategic move provided Li Auto with access to a new pool of capital closer to its home market and hedged against geopolitical risks, further strengthening its financial position for the long-term EV battle.
IPOPublic ListingHKEXLi Auto

2023

2023

Achieved Full-Year Profitability

Pivotal MomentHigh Impact

2023

📍 Beijing

Li Auto became one of the first major EV startups to achieve full-year profitability, a major milestone in the industry.

While most EV competitors were still burning through cash, Li Auto's focus on operational efficiency, cost control, and a hit product strategy allowed it to reach profitability. This vindicated Li Xiang's pragmatic approach and set a new standard for financial discipline in the EV sector.
ProfitabilityFinancialsLi Auto