TSLA - What's Going On With Chinese EV Maker Li Auto Shares Today? | Benzinga
Li Auto Inc. (NASDAQ:LI) shares are trading marginally lower on Wednesday in the premarket session.
Chinese stocks may be under pressure after the country’s softer-than-expected second-quarter GDP growth. According to official data released on Monday, the economy expanded by 4.7%.
This growth rate, lower than the 5.1% predicted by analysts, reflects the slowest pace since the first quarter of 2023.
Meanwhile, Li Auto has reportedly established a specialized team focused on investing in comprehensive AI (artificial intelligence) technology, following in the footsteps of NIO Inc. (NYSE:NIO).
Li Auto has recently formed a team dedicated to end-to-end large-model autonomous driving, comprising slightly more than 200 members, with additional support from members of other teams as ...