It has been confirmed that the article revealed by 36Kr a few days ago—about Li Auto founder and board member Wang Xing saying at an internal strategy meeting that the industry’s cutthroat competition would continue for 3–5 years, and urging Li Auto to cut costs and improve efficiency—has been taken down and deleted.

If what Wang Xing said is true, Li Auto probably won’t be the only automaker looking to cut costs and improve efficiency in the days ahead.