Li Auto has re-expanded its car purchase incentive after a July 25 scaling back, saying the move aims to celebrate Chinese Valentine's Day, which will come on August 10.
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Li Auto has re-expanded its car purchase incentive after a July 25 scaling back, saying the move aims to celebrate Chinese Valentine's Day, which will come on August 10.
For details, please visit CnEVPost.
Li Auto delivered a record 51,000 vehicles in July, up 49.41 percent year-on-year and 6.75 percent from June.
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Over the last few days many Chinese car companies have come out against the publishing of weekly car sales figures.
The post Chinese car producers call for the end of weekly sales figures and criticize Li Auto appeared first on CarNewsChina.com.
A Nio executive has asked Li Auto to stop sharing weekly sales rankings, saying it's a low-level competition that interferes with other companies' operations.
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So far this month, Nio was at 18,700, Xpeng at 7,800, Li Auto at 43,000, Tesla at 41,900 and BYD at 257,900.
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Li Auto's move comes as the price war in China's auto industry eases, after some luxury brands have rolled back steep discounts.
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Deutsche Bank also expects Tesla to sell 45,000 units at retail in China in July, Li Auto at 48,000 units and Zeekr at 15,000 units.
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Li Auto had 10,900 insurance registrations last week, Xpeng 1,900 and Zeekr 3,000.
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Li Auto recently set up an end-to-end large model autonomous driving team of slightly over 200 people, according to local media.
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Xpeng 1,700, Li Auto 11,300, Zeekr 3,300, Aito 9,400.
For details, please visit CnEVPost.