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Li Auto is carrying out a new organizational restructuring centered on product decision-making, moving parts of the product department — including vehicle and autonomous-driving product functions — into R&D, people with direct knowledge said on July

2026-07-02

Li Auto is carrying out a new organizational restructuring centered on product decision-making, moving parts of the product department — including vehicle and autonomous-driving product functions — into R&D, people with direct knowledge said on July 2. A source close to senior management said the change aims to simplify a long-criticized, cumbersome vehicle product-definition process that currently involves three groups: Liu Jie's product-line unit (front end), Fan Haoyu's platform product-definition group (middle), and the R&D teams.

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2026-07-02

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Markets have cut bets on Bank of England rate hikes, now pricing about 20bp of tightening by year-end.

Markets have cut bets on Bank of England rate hikes, now pricing about 20bp of tightening by year-end.
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