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Li Auto Rolls Out $35K Electric SUV

Li Auto (NASDAQ: LI) stock gained on Friday after it officially launched the Li i6, a five-seat battery electric sport utility vehicle. The Li i6 has a price tag of 249,800 Chinese yuan (~$35,020) for the standard model. The deliveries will begin on September 27, 2025. The launch reflects Li Auto’s push to expand its lineup and compete in China’s pure battery electric segment, where rivals such as BYD (OTC: BYDDY) and Tesla (NASDAQ: TSLA) dominate. Also Read: NIO, XPeng, Li Auto Log Strong August Deliveri ...