Li Auto’s Reckoning: How China’s EV Darling Crumbled, and Why Its Next Bet Is on AI
The visionary founder who mastered the family car market with “refrigerators, TVs, and sofas” saw his empire falter after a single misstep. Now, armed with $15 billion in cash and a high-stakes bet on AI, Li Auto is fighting to reclaim its crown.
BEIJING – In the gilded halls of