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In an episode of Luo Yonghao's podcast "Luo Yonghao's Crossroads" on August 19, Li Xiang, the CEO of Li Auto, reflected on his 25-year entrepreneurial odyssey. During the conversation, Li Xiang delved into the establishment of PCPOP, Autohome, and Li Auto, detailing challenges such as betrayal by business partners and the severe financial turbulence Autohome faced. When embarking on Li Auto, he encountered initial funding hurdles due to his decision not to pursue pure electric vehicles, but eventually received crucial support from Wang Xing, the founder of Meituan. Regarding the adjustment of Li One's configuration, Li Xiang explained that it was aimed at enhancing user experience and managing R&D costs effectively. Additionally, Li Xiang addressed rumors about his early billionaire status at 24 and disclosed that his wife handles the family's finances.
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