Earnings Call

Xpeng aims to reach 15,000 monthly deliveries in the third quarter and 20,000 monthly deliveries in the fourth quarter, its management said.

Li Auto aims to reach 30,000 units delivered in a single month in June, the company's management said.

Based on January-February retail sales, BYD is already the largest automaker in China with an 11.8 percent share.

Xpeng announced its fourth-quarter earnings today and held a conference call with analysts. Here are key points from the text of that call.

Xpeng saw a 100 percent increase in new order intake in February compared to January, and orders for the P7i have been strong since its launch, with another significant increase in order intake in March compared to February. 

This is a full-text translation from CnEVPost of Nio's March 1 earnings call.

Nio will begin deliveries of four new models in the second quarter, including the new ES6, with a fifth model to be delivered in July.

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

Xpeng management expects November deliveries to be no less than 5,800 units, hinting that December deliveries are expected to rebound to around 10,000 units.

Nio 5 new product offerings in 1H 2023 will be golden & life-threatening to numerous competitors with barely a competitive premium luxury product in sight.