🔴 LI is trading 4% down today after debuting the premium L9 Livis SUV at the Beijing Auto Show

LI is trading at $17.89 (-4.08%) in pre-market after debuting the L9 Livis SUV at the Beijing Auto Show on April 24.

• The new premium AI flagship features significant advances in design, smart driving capabilities, and chassis technology.
• Positioned as a high-end model, the L9 Livis is priced higher than the existing L9 Pro.
• The downward move occurs amid thin pre-market volume following the announcement, though no explicit negative reaction has been cited.