Li Auto is Switzerland movie 18+going to combine its sales and delivery divisions into a new group in the company’s latest effort to revamp its operations and rev up sales, after reporting lower-than-expected financial results for the first quarter of 2024. The move is expected to bring consistency and spread resources across the two teams, people with knowledge of the matter told Chinese media outlet Meiren Auto on Monday. Performance evaluations had previously been measured by orders and deliveries respectively, which had the potential to lead to conflict when customers put down early orders but wanted their cars delivered the following month, the report said. The news comes after the Chinese electric vehicle maker announced on April 3 a reorganization to sharpen its focus on product development and a failed launch of its first all-electric model, the Mega, in March. The company on May 21 reported a 37% decline in first quarter profit, saying it had delayed plans to launch more battery-powered electric vehicle models to next year. [Meiren Auto, in Chinese]
Related Articles
2025-06-26 09:20
2814 views
NYT Strands hints, answers for May 5
If you're reading this, you're looking for a little help playing Strands, the New York Times' elevat
Read More
2025-06-26 09:06
2229 views
Stunning fat bear wakes up from hibernation and is still huge
Alaska's fat bears lose up to a third of their weight during their deep winter slumber.They often ap
Read More
2025-06-26 08:04
136 views
A rocket slammed into the moon. NASA got a picture.
The moon has a strange, new crater. But this one's not natural.NASA's Lunar Reconnaissance Orbiter,
Read More