Li Auto sees Q4 revenue $3.79B

Sees Q4 deliveries 100,000-110,000 units. The company said, “At the same time, Li Auto (LI) is expected to continue its steep decline in the fourth quarter, with projected vehicle deliveries of 100,000 to 110,000 units, representing a YoY decrease of 37.0% to 30.7%… Aurora Mobile – MoonFox expects that, given such an intensely competitive environment, Li Auto will be unable to resolve its model lineup and production capacity issues in the near term and will continue to face a challenging market environment.”