Earnings

Xpeng will report its fourth-quarter 2025 financial results on March 20, with the market focused on whether it can achieve its single-quarter profitability target.

Li Auto delivered 109,194 vehicles in the fourth quarter 2025, marking a 31.19% year-on-year decline.

Earlier this month, Nio issued a rare profit alert, projecting fourth-quarter non-GAAP operating profit between RMB 700 million and RMB 1.2 billion.

Chery's Hong Kong listing brought Gotion about RMB 1.7 billion in gains.

GWM's net income for 2025 came in at RMB 9.91 billion ($1.43 billion), representing a year-on-year decrease of 21.71%.

Li Auto posted a net loss of RMB 624 million yuan ($87.7 million) in the third quarter, marking its first return to a loss since the fourth quarter of 2022.

Analysts at CMB International believe Nio won't be able to break even in the fourth quarter, citing the difficulty in controlling sales and administrative expenses.

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

Nio's third-quarter net loss decreased 31.2 percent year-on-year as R&D expenses fell 28 percent, while SG&A expenses remained largely flat from last year.

Pony AI said its seventh-generation robotaxi has achieved city-wide unit economics breakeven in Guangzhou.