Li Auto

Li Auto has an internal goal of 25,000-30,000 monthly deliveries and will aim to meet the goal in the second quarter, its management said last month.

Li Auto is aiming to build about 300 super-fast charging stations this year, and Nio also plans to add 10,000 new charging piles this year, according to local media.

By 2025, Li Auto will have 3,000 supercharging stations, which will cost a total of RMB 10 billion, the company's CEO said last week.

In January and February, insurance registrations for passenger cars in China were down more than 25 percent from a year earlier, Li Auto CEO said, citing insurance registration data.

If electric cars can be sold to consumers without batteries, the cost can be lower than fuel cars, said Li Xiang.

Li Auto's delivery guidance for the first quarter is 52,000 to 55,000 vehicles, and the latest figures mean it is on track to deliver between 20,239 and 23,239 vehicles in March.

At the end of January, Li Auto had 272,475 cumulative deliveries and more than 70 percent of its owners had installed home chargers.

Li Auto has an internal goal of 25,000-30,000 monthly deliveries and will aim to achieve that goal in the second quarter.

If Li Auto maintains the current level of demand for the second half of the year, there would be upside to consensus estimates, according to Edison Yu's team.

Li Auto guided for first-quarter deliveries of 52,000 to 55,000 vehicles, meaning it expects to deliver a total of 36,859 to 39,859 vehicles in February and March.