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Li Auto Q2 sales, revenue to fall short of forecasts amid EV price battle

CATL and Li Auto execs
CATL CEO Robin Zeng, center left, and Li Xiang, chairman and chief executive officer of Li Auto, center right, at the Shanghai auto show on April 23, 2025. Li Auto warned second-quarter sales and revenue will fall short of Wall Street expectations amid a bruising price war in China. (Qilai Shen/BLOOMBERG)
BN
By:
Bloomberg News
May 29, 2025 03:40 PM

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.

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