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Li Auto Faces Revenue Challenges Amid Intensifying EV Market Competition

Li Auto Inc. $LI has issued a second-quarter revenue forecast notably below market consensus, highlighting intensifying hurdles within the world’s largest automotive landscape. The company now anticipates Q2 sales between RMB 32.5 billion and RMB 33.8 billion (approximately USD 4.5–4.7 billion), undercutting the average analyst estimate of RMB 34.6 billion. This downward revision follows ongoing pricing battles and softer consumer demand, which continue to reshape the outlook for Chinese electric vehicle manufacturers.

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Royal Enfield Accelerates US Shipments Amid Trade Policy Shifts

Royal Enfield, owned by Eicher Motors Ltd. $EICHERMOT.NS, executed a significant boost in motorcycle exports to the United States in anticipation of new trade barriers. This move occurred shortly before former President Donald Trump’s announcement of a 25% tariff on imported vehicles and auto parts, highlighting the company’s agility in navigating shifting global trade policies. By supplying approximately 9,000 motorcycles—well above its average annual shipment of 6,000 units to North America—Royal Enfield aimed to fortify dealer inventories and sustain competitive pricing for American customers.

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DNB Bank ASA Sells Stake in Holberg Fondsforvaltning: Strategic Realignment in Nordic Asset Management

DNB Bank ASA $DNBBY, Norway’s largest lender, has finalized the sale of its stake in Holberg Fondsforvaltning to Kistefos AS, the investment firm owned by Norwegian billionaire Christen Sveaas. The specific terms and valuation remain confidential. Set for completion in the third quarter, this transition is contingent on standard regulatory clearance.

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