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Li Auto Reshuffles Smart Driving Team to Bolster Long-term Readiness, Report Says
Hefei issued 44 million yuan in consumer vouchers and Ideal launched a zero-interest financial plan. Local governments and car companies are competing for the year-end "consumption wave".
① On November 29, according to the Hefei Municipal Bureau of Commerce, from November 29 to December 8, 2024, new consumer vouchers for autos will be issued in Hefei, totaling 44 million yuan. ② On the same day, Li Auto announced a limited-time 0% interest policy until the end of the year. From now until December 31, users purchasing the Li L-series and Li MEGA can enjoy a minimum down payment financing plan with 0% interest for 3 years.
Hong Kong stock abnormal movement | Ideal autos (02015) rose nearly 5% in the morning, the company launched a limited-time zero-interest car purchase policy. Institutions expect the acceleration of the automotive industry elimination race.
Li Auto (02015) rose nearly 5% in the morning; as of the time of writing, it is up 4.5%, priced at 91.7 Hong Kong dollars, with a transaction volume of 0.467 billion Hong Kong dollars.
Li Auto Launches 3-year 0-interest Financing Incentive for All Models
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China Automobile Circulation Association: From November 18 to 24, the average daily trade volume of used cars was 0.0655 million vehicles, a decrease of 1.76% compared to the previous period.
In the third week of November, the daily average trading volume of used cars was 65,500 vehicles, a decrease of 1.76% compared to last week, but an increase of 2.1% compared to the same period in October.
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