Tag: minivans

Li Auto faces US class action lawsuit over its Mega minivans

Chinese automaker Li Auto faces a class action lawsuit from US investors suffering losses. The lawsuit claims the firm overstated the demand of its vehicles, including its Li Mega minivan. The lawsuit alleges: “Li Auto disclosed that ‘due to lower-than-expected order intake, the Company now expects its vehicle deliveries for the first quarter of 2024 […]