Abnormal movement in the US stock market | Ideanomic Inc. (LI.US) drops nearly 3%, June market share decreases to 3.2%

date
23/07/2025
According to the Securities Times app, on Monday, Ideal Cars (LI.US) fell by nearly 3%, closing at $30.86. It is reported that Ideal Cars' overall market share in June 2025 decreased to 3.2%, a decrease of 1.4 percentage points compared to the previous month, mainly due to internal organizational restructuring and price competition after the upgrade of the L series models. At the same time, its delivery volume in June was 36,279 vehicles, a year-on-year decrease of 24% and a decrease of 11.2% compared to the previous month, reaching a new low in single-month deliveries since March 2024, with a further widening of the year-on-year decline compared to May. In the segment of new energy SUVs priced above 300,000 yuan, the combined market share of the L7/L8/L9 three models has decreased from 32% in the same period of 2024 to 26%, with competitive products such as WENJIE M9 and Tengshi N9 taking market share.