LI AUTO INC
LI
Consumer Discretionary
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Li Auto manufactures and sells electric vehicles, including SUVs, which incorporate leather interiors as a standard or optional feature across its model lineup. The company’s primary revenue is derived from the sale of these vehicles. The use of leather, a product of the commercial animal exploitation industry, is a material component of its consumer products.
The company operates in China, a jurisdiction without comprehensive national laws prohibiting cruelty to animals in industrial agriculture. This legal context creates a supply chain environment where animal welfare standards for material sourcing are not assured by a regulatory baseline.
No public commitment or corporate policy from Li Auto addressing animal-derived materials was identified. The company has not published a animal welfare policy or outlined plans to transition to alternative, non-animal materials for its vehicle interiors.
Research Sources
1 organization
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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