in

Chinese EV maker Li Auto falls after it cuts delivery outlook; Beijing extends tax breaks for electric cars

Chinese EV maker Li Auto falls after it cuts delivery outlook; Beijing extends tax breaks for electric cars

Li Auto warned that “supply chain constraint” would mean the company will deliver fewer cars than expected in the third quarter. Meanwhile, China has extended a tax exemption for new energy vehicles until the end of 2023 as it looks to spur growth for electric cars.

CFOTO | Future Publishing | Getty Images

Shares of Li Auto fell in pre-market trade in the U.S. on Monday after the Chinese electric carmaker cut its delivery guidance for the third…


Posted by Editor

daily horoscope

What’s in store for today? Your horoscope for 27 September, 2022

Liverpool midfielder backed to impress Jurgen Klopp

Liverpool midfielder backed to impress Jurgen Klopp