Earnings
Nio to report Q4 2024 earnings on Mar 21
Nio Inc delivered a record 72,689 vehicles in the fourth quarter, within its guidance range of 72,000 to 75,000 vehicles.
Leapmotor sees 1st positive quarterly bottom line as deliveries strong and gross margin improves
Leapmotor achieved net income of RMB 80.9 million ($11.1 million) in the fourth quarter of 2024, its first positive quarterly bottom line since its 2015 inception.
Xpeng to report Q4 2024 earnings on Mar 18
Xpeng delivered a record 91,507 vehicles in the fourth quarter, exceeding the upper end of its guidance range of 87,000 to 91,000 vehicles.
Li Auto to report Q4 2024 earnings on Mar 14
Li Auto delivered 158,696 vehicles in the fourth quarter, below the lower end of its guidance range of 160,000 to 170,000 units.
Chinese battery maker CALB previews doubling net income in 2024
CALB expects its net income to rise about 80 percent to 100 percent in 2024 from 2023 on the back of growth in business scale and lower costs.
Zeekr to report Q4 2024 earnings on Mar 20
The Zeekr brand delivered 79,250 vehicles in the fourth quarter of 2024, an increase of 99.84 percent year-on-year and up 44.08 percent over the third quarter.
Tesla Q4 earnings miss as incentives more intense than expected
- The auto business was the main reason for Tesla's weaker-than-expected results, as incentives were more aggressive than expected.
- Gross margin in the fourth quarter was 16.3 percent, about half of what they were in the first quarter of 2022.
CATL previews net income growth of up to 20% to RMB 53 billion in 2024
- CATL's net income in the fourth quarter is expected to be a record RMB 17 billion, an increase of 31.01 percent year-on-year and up 29.41 percent from the third quarter.
- CATL expects 2024 revenues to decline by 11.20 percent to 8.71 percent due to price reductions of its products in line with the decline in raw materials.
Great Wall Motor previews net income growth of about 80% in 2024
Great Wall Motor's net income in 2024 is expected to range from RMB 12.4 billion ($1.7 billion) to RMB 13.0 billion, an increase of 76.60 percent to 85.14 percent from 2023.
Leapmotor sees net income turn positive in Q4 on strong deliveries and cost control
Leapmotor attributes this to continued volume growth, product mix optimization, cost control and operational efficiency.