Norwegian battery materials firm seals GM deal
Another step in the US building out ‘China-free’ battery supply chains
Analysts believe the fledgling Chinese automaker could top its quarterly forecast range
China’s Li Auto set another monthly sales record in May, topping 28,000 vehicles sold for a third consecutive month above 20,000 units. And the firm looks well set to at least threaten the upper end of its Q2 forecasts.
The firm has predicted second-quarter sales of 76,000 at a low estimate and 81,000 at a high. But combined April and May sales already stand at just under 54,000.
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