This wk, Li Auto launched its all new i9 pure electric flagship SUV w/ base px of 369.8k RMB
Due to BYD's px pressure, all flagship SUV now has a ceiling on their pricing. I'm sure Li Auto would've rather charged higher than L9, but this is the mkt.
Since it has less range & worse charging speed than Da Tang, there is only so much more the customers are willing to pay for AI or interior.
btw, Li Auto is also now looking to sell its SiC & ADAS chips to external customers. Competition is strong in China.
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