Earnings Call

The first model from Xpeng's Mona sub-brand will be unveiled in June and will go on sale and start deliveries in the third quarter.

Li Auto said it won't release any all-electric SUVs this year; they'll be released in the first half of next year. It said in its last earnings call that it would release three all-electric SUVs in the second half of 2024.

During next month's Beijing auto show, Xpeng will officially launch its new brand for the RMB 100,000 to RMB 150,000 segment.

Nio's Alps sub-brand will debut in the second quarter, with the first model launching in the third quarter and volume deliveries beginning in the fourth quarter.

Li Auto management said they expect to see deliveries top 50,000 in March and 70,000 in June.

Nio Day 2023 will be held on December 23 in Xi'an, Shaanxi province, Northwest China, where Nio will unveil a new flagship model.

Xpeng is confident of achieving rapid volume growth and a significant rebound in gross margin in the fourth quarter.

Nio announced its Q2 earnings today, and here are the key takeaways from the earnings call, with the latest being at the top.

Xpeng expects G6 deliveries to ramp up significantly in September, driving the company's monthly deliveries to over 15,000 units.

Nio is confident it will see sales of more than 20,000 units per month in the second half of the year, but its goal of achieving profitability in the fourth quarter may have to be delayed, its management said.