Likes Received$Li Auto(LI.US)has ultimately opted for the full powertrain configuration, with the price of 249,800 RMB being within expectations but not particularly surprising. However, the early-stage promotional policies are generous enough—at least before Labor Day, the package value you get far exceeds that of joint-venture luxury SUVs. For this car to truly challenge joint-venture mass-market SUVs, the price would need to drop further, but that moment hasn’t arrived yet—at least, that’s what Li Auto believes.
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