Li Auto delays launch of electric SUV

Li Auto Mega van — Li Auto delivered more than 3,000 Mega vans in March. Analysts had expected monthly sales of 8,000. (BLOOMBERG/Bloomberg)

By:

Reuters

May 21, 2024 01:54 PM

SHANGHAI — China's Li Auto said it has postponed plans to launch pure electric SUVs, citing hurdles such as a lack of enough fast chargers, sending its shares down more than 17 percent on Tuesday.

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