On February 26, Li Auto released its fourth quarter and full-year financial report for 2023. Revenue for the fourth quarter was RMB 41.73 billion, an increase of 136.4% year-over-year. Full-year revenue was RMB 123.85 billion, an increase of 173.5% year-over-year. In 2023, the company turned a profit, with a net profit of RMB 11.81 billion. Li Xiang, chairman and CEO of Li Auto, said that Li Auto achieved its best financial performance in history in 2023.