Li Auto Sued In The U.S. For Inflating Demand For Mega EV
Carscoops - 2024-05-20T20:46:12.000Z

A class-action lawsuit alleges Li Auto inflated demand for its vehicles, particularly the new Li Mega electric minivan The Chinese carmaker initially expected to sell between 100,000 and 103,000 vehicles in Q1, but revised this estimate to between 76,000 and 78,000. The Mega marks the brand's debut in the battery-electric vehicle market and recently underwent a price reduction of 30,000 yuan. Chinese carmaker Li Auto has been hit with a class-action lawsuit in the United States, which claims it...

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