The sequential increase in new orders for Nio in April was mainly due to lower prices for its BaaS battery rental service, according to Deutsche Bank.
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Li Auto has updated the purchase entitlements offered for the Li L6, reducing them by RMB 5,000 from the initial ones.
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Li Auto updated order numbers for the Li L6 and reminded potential customers that there is only 1 day left for the model's limited-time purchase entitlements to expire.
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More than 2,000 units of the Li L6 have been delivered in the past six days, and delivery centers will be delivering vehicles as normal for the upcoming Labor Day holiday, Li Auto said.
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As of April 20, locked-in orders for the Xiaomi SU7 have exceeded 70,000 units, Xiaomi founder Lei Jun said at an investor conference.
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The Li L6 underperforms the Li L9 in the same time frame, with the higher-priced Li L9 having more than 30,000 orders in 72 hours.
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