LI Stock Alert: Li Auto Cuts Prices on Some of Its EVs

The Chinese electric vehicle (EV) price war isn’t slowing down. Li Auto (NASDAQ:LI) recently announced that it will be lowering the prices for multiple EV models in an attempt to remain competitive within the sector. Consumers interested in purchasing an L7 Air or an Ideal L8 Air in the near future will be looking at some significant savings. For investors, news of these price cuts has generated some excellent momentum. LI stock spent today making progress and looks primed to continue rising into the rest o ...