The electric vehicle maker reported revenue of 3.58 billion yuan from January to March, down 13.8 per cent quarter-on-quarter. Photo: Reuters The electric vehicle maker reported revenue of 3.58 billion yuan from January to March, down 13.8 per cent quarter-on-quarter. Photo: Reuters
The electric vehicle maker reported revenue of 3.58 billion yuan from January to March, down 13.8 per cent quarter-on-quarter. Photo: Reuters

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

  • The Chinese Tesla rival expects sales to rise between April and June following a lacklustre first quarter, as the American giant reels from a spat over quality and safety
  • Li Auto made a net loss of 360 million yuan in the first quarter, compared to a net income of 107.5 million yuan between September and December

Topic |   Electric cars
The electric vehicle maker reported revenue of 3.58 billion yuan from January to March, down 13.8 per cent quarter-on-quarter. Photo: Reuters The electric vehicle maker reported revenue of 3.58 billion yuan from January to March, down 13.8 per cent quarter-on-quarter. Photo: Reuters
The electric vehicle maker reported revenue of 3.58 billion yuan from January to March, down 13.8 per cent quarter-on-quarter. Photo: Reuters
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