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Li Auto reported 21.5% gross margin in 2Q22, saying new model coming soon

Peng Chen, DIGITIMES Asia, Taipei 0

Credit: AFP

Li Auto, one of China's promising electric vehicle (EV) startups, reached total revenues of CNY8.73 billion (US$1.3 billion) in the second quarter. With a slightly decreasing gross margin of 21.5%, the company said it will launch a new model "sooner...

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