Li Auto

Xiaomi’s EV segment turns its first profit, but Chinese industry shares sink amid a hazy outlook.

Underestimating Xiaomi’s rise was among the missteps highlighted at Li Auto’s latest strategy meeting.

Xpeng, Li Auto are developing on-vehicle AI models with billions of parameters, but size alone may not guarantee better performance.

The five-seat electric SUV is generating demand in showrooms, winning buyers who might otherwise choose Tesla’s Model Y or Xiaomi’s YU7.

Smaller players are launching affordable models in a fight for survival amid an overcapacity struggle.

The move boosts control over pricing and customization, giving the EV maker a stable, branded supply of core components.

Once a leading EV contender, Li Auto now finds its family-first formula under pressure.

Less than six months after restructuring, the automaker has returned to a familiar model amid weak EV uptake and heightened competition.