Li Auto delivered 28,687 vehicles in the second quarter, above the upper end of its previous guidance range of 21,000-24,000 vehicles.
Li Auto will report unaudited second quarter results on Monday, August 15, before the US stock market opens, the company announced today.
Previous figures show that Li Auto delivered 28,687 vehicles in the second quarter, above the upper end of its guidance range of 21,000-24,000 vehicles.
Deliveries in the second quarter were up 63.23 percent from 17,575 vehicles in the same period last year, but down 9.55 percent from 31,716 vehicles in the first quarter.
This was mainly due to the impact of the Covid outbreak, which led to a significant decrease in its April deliveries.
Li Auto delivered 4,167 vehicles in April, down 62 percent from 11,034 vehicles in March and 25 percent from 5,539 vehicles in the same month last year.
"The Covid-19 resurgence in the Yangtze Delta region continues to cause severe industry-wide disruptions in supply chain, logistics and production since late March. Our Changzhou manufacturing base is located in the center of the Yangtze Delta region, which is home to over 80% of our parts suppliers, especially in Shanghai and Kunshan," Shen Yanan, co-founder and president of Li Auto, said on May 1.
Li Auto's management will hold an earnings conference call on Monday, August 15, at 8:00 am US Eastern Time or 8:00 pm Beijing/Hong Kong Time on the same day.
For participants who wish to join the call, they need to complete online registration using the link provided below prior to the scheduled call start time.
Upon registration, participants will receive the conference call access information, including dial-in numbers, passcode, and a unique access PIN.
To join the conference, they need to dial the number provided, enter the passcode followed by a PIN.
Participant Online Registration: https://s1.c-conf.com/diamondpass/10024172-3mfk5a.html
A replay of the conference call will be accessible through August 22, 2022, by dialing the following numbers:
United States: +1-855-883-1031
Chinese mainland: +86-400-1209-216
Hong Kong, China: +852-800-930-639
International: +61-7-3107-6325
Replay PIN: 10024172
A live and archived webcast of the conference call will also be available at the company's investor relations website at http://ir.lixiang.com.
Li Auto reports Q1 revenue of RMB 9.56 billion, beating estimates
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