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Li Auto sales disappoint amid tepid demand for electric cars

Bloomberg News

Li Auto Inc.’s first-quarter vehicle sales missed analyst estimates as deliveries of its first all-electric car fell short of its own targets. The Chinese automaker reported vehicle sales of 24.25 billion yuan ($3.4 billion) for the three months ended March 31, up 32% year-on-year but short of the 26.71 billion yuan analysts were looking for. […]

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