The once-booming EV market in China is experiencing a slowdown due to economic challenges and reduced government subsidies, prompting a shift in strategy among local and international automakers.
In the closing of the recent trading day, Li Auto Inc. Sponsored ADR (LI) stood at $30.64, denoting a +0.46% change from the preceding trading day.
While Li Auto (LI) now expects first-quarter 2024 deliveries in the range of 76,000-78,000 units, Stellantis (STLA) joins forces with California Air Resource Board to reduce emissions.