Li Auto CEO presses Beijing to spur mergers among distressed EV makers
A Li One EV on display at a showroom in Shanghai on Aug. 11, 2021. New-energy vehicle shipments to dealers are projected to increase 25 percent to 11 million this year, the China's Passenger Car Association predicts, a slowdown from 36 percent growth in 2023 and 96 percent in 2022. (BLOOMBERG)
