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Li Auto (LI) Drops After Updating Delivery Outlook

September 26, 2022 8:00 AM EDT

Shares of Chinese electric vehicle maker, Li Auto (NASDAQ: LI) have fallen 2.2% in pre-market trading on Monday after the company released its updated 3Q delivery guidance.

LI had originally estimated that the company would deliver between 27,000 and 29,000 units. However, as a direct consequence of the... More