Li Auto, XPeng Report Earnings as New Round of Price Cuts Take Hold

📆 2024-05-16 10:25 PM
📰 BNNBloomberg

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Electric vehicle makers Li Auto Inc. and XPeng Inc. report next week amid disruptive moves by rivals in their home market. On top of another round of bruising price cuts initiated by Tesla Inc., Xiaomi Corp. joined the fray with the launch of its own car.

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