Earnings Call

The new Li L8 will transition from a six-seat to a five-seat layout to avoid cannibalizing the similarly six-seat Li L9.

In the first quarter, the average selling price for the Nio brand exceeded 390,000 yuan, which is 50,000 yuan higher than BMW's.

Products from the second brand are expected to debut as early as the end of this year, a Leapmotor executive said.

Xpeng’s Turing AI chips have surpassed 200,000 units in cumulative shipments, with a target of approximately 1 million units for the full year of 2026.

Leapmotor unveiled the launch schedule for four new models, expecting them to contribute 60% of its 2026 sales.

Li Auto targets a 20% sales increase in 2026, seeking to recover from an 18.8% drop in 2025 deliveries.

Shenji's second chip, targeting a broader customer base, has successfully completed tape-out and is currently in mass production.

Nio will launch two new models in the second quarter of 2026 and one new model in the third quarter.

Nio aims to deliver 150,000 vehicles in the fourth quarter, averaging 50,000 deliveries per month.

Xpeng's new generation P7 sedan will be launched next week.