Li Auto Rolls Out $35K Electric SUV
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Li Auto has launched the Li i6, a $35,020 electric SUV, with deliveries starting on September 27, 2025. The launch aims to enhance its presence in China's competitive EV market, dominated by BYD and Tesla. Despite a nearly 8% year-to-date stock increase, Li Auto's Q2 results were disappointing, with revenue down 4.5% year-over-year. For Q3, the company projects revenue of $3.5-$3.7 billion, a nearly 40% decline from last year. In September, Li Auto expects to deliver around 35,000 vehicles, a 35% annual drop.
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