Li Auto reported its first quarterly net loss in three years amid slowing demand and significant sales pressure, in a reversal of fortune for the plug-in hybrid specialist once considered one of the more successful Chinese automakers.
https://www.wsj.com/business/autos/li-auto-swings-to-loss-on-sharply-lower-sales-5c681ab1?mod=pls_whats_news_us_business_f