# long‑term agreement

Li Auto Says It Will Internalise Supplier Price Pressure — Leaning on LTAs and In‑House Tech

Li Auto plans to shield customers from recent parts‑price inflation by signing long‑term supplier agreements, sharing unavoidable costs with partners, and accelerating in‑house development of range extenders and chips. The moves aim to stabilise pricing and control input volatility, but they raise questions about near‑term margins and capital spending.