Latest news and articles about range-extended
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Li Auto’s sales and revenue plunged in late 2025 as discounts on legacy range-extended models and the rise of cheaper, better-equipped competitors cut into prices and margins. Management is pursuing a two-track response—commercial restructuring at retail and heavy investment in AI and self-developed chips—but these are long-term remedies that may not resolve immediate demand and margin pressures. The firm’s ample cash buffer provides breathing room, but turning AI spending into near-term competitive advantage will be critical to avoid further share loss in China’s cut‑throat NEV market.
