Li Auto reports a big increase in Q1 deliveries

Li Auto Inc (NASDAQ: LI) is in focus today after reporting a substantial year-on-year growth in deliveries for its first quarter.Li Auto delivered over 80,000 vehicles in Q1 Copy link to section The EV maker based out of Beijing, China delivered a total of 80,400 vehicles in Q1 – up a whopping 52.9% versus a year ago. Note that Li Auto had lowered its deliveries forecast last month to up to 78,000 vehicles versus 100,000 to 103,000 it had guided for earlier. Xiang Li – its chief executive said in a press re ...