Tesla Rival Li Auto To Boost Hong Kong Presence For Research, Supply Chain Operations
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Li Auto Inc. has established its overseas headquarters in Hong Kong to enhance its global R&D and supply chain operations. The company aims to leverage Hong Kong's financial and technological advantages for international expansion. The headquarters will also focus on investment management and exporting intellectual property. Additionally, Li Auto launched the Li i6, a new electric SUV priced at approximately $35,020, competing with Tesla's Model Y. Meanwhile, Nio Inc. is facing a lawsuit over alleged revenue inflation.
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