Li Auto, whose Li One SUV competes against Tesla’s Model Y, predicts at least a 15 per cent sales jump as the US carmaker runs foul of angry Chinese customers

Source: South China Morning PostLi Auto, a Chinese Tesla rival, expects at least a 15 per cent increase in sales between April and June following a lacklustre performance in the first quarter.The Nasdaq-listed carmaker said on Wednesday that deliveries in the second quarter of this year would be in the range of 14,500 to 15,500 units, up from 12,579 units in the first three months.Li Auto, one of the three major Chinese Tesla challengers along with NIO and Xpeng, looks set to increase its market share after the global…Read More

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