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Business

Anusuya Lahiri

Li Auto Predicts Major Hit To Sales As Industry Struggles Intensify

Li Auto Chinese Yuan Xiang Li

Shanghai.china-july.2021:,Facade,Of,Li,Auto,Electric,Car,Store.,Li,Auto

Li Auto (NASDAQ:LI) stock declined on Thursday after it reported fiscal second-quarter 2025 results.

The company reported a quarterly revenue decline of 4.5% year-on-year (Y/Y) to 30.2 billion Chinese yuan ($4.2 billion), missing the analyst consensus estimate of 31.8 billion Chinese yuan.

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One subscription that gives you access to news from hundreds of sites

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One of the ‘Cornell 7’ wants the claims against him dismissed, arguing: ‘Essentially a lawsuit about a forced kiss’

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