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Posted by
Two Blokes Jul 17 -
Filed in
Stock
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Li Auto faces fierce competition and delivery guidance cuts, but its fundamentals are very strong relative to peers. The company is soon to roll out its new BEV model, I8, that will debut an improved "smart-driving" system. Product innovation, particularly with "smart-driving" slightly lagging peers like XPeng and Huawei, could be a cause of the current lagging sales and is an important catalyst moving forward.