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Li Auto Second-Quarter Sales Set to Disappoint Amid EV Price War

Li Auto Second-Quarter Sales Set to Disappoint Amid EV Price War

Bloomberg29-05-2025
Li Auto Inc. forecast second-quarter revenue that fell short of what investors are expecting, as the Chinese electric vehicle maker struggles amid intensifying competition in the world's biggest automobile market.
Carmakers in China have slashed sticker prices to kick start sluggish consumer demand, including market leader BYD Co., which last week cut prices by as much as 34%.
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