Deliveries slide in January for Chinese electric car start-up Li Auto

BEIJING — As 2021 kicks off, a slide in January deliveries puts Chinese automaker Li Auto in third place behind its start-up competitors Nio and Xpeng.

Nasdaq-listed Li Auto said late Monday, Eastern Time, it delivered 5,379 Li One SUVs in January. That’s down from 6,126 in December and below Nio’s 7,225 and Xpeng’s 6,015 deliveries for January.

Li Auto also announced it is setting up a new research and development center in Shanghai for autonomous driving and other electric vehicle-related technologies

Source : CNBC Site