Earnings

Li Auto today announced that it will release its fourth quarter and full-year 2020 financial results on February 25, 2021, before the US stock market opens.

Data compiled by cnEVpost showed Nio delivered 17,353 vehicles in the fourth quarter and 43,728 in 2020, up 121 percent from 2019.

Nio again achieved positive operating cash flow in the third quarter and is confident that it can turn cash flow from operating activities positive for the full year 2020 overall, the EV maker's founder William Li Bin said during the third quarter 2020 quarterly conference call.

Chinese EV maker Nio's Q3 revenue rose 146.4% year-on-year to RMB 4.53 billion ($66.6 million), beating market expectations of RMB 4.38 billion.

Chinese electric vehicle (EV) maker Nio (NYSE: NIO) will report its third-quarter earnings Tuesday before the US stock market opens. 

Boosted by its local peers' better-than-expected earnings report, Chinese electric vehicle (EV) maker Nio (NYSE: NIO) shares surged above $50 in pre-market trading session on Friday, hitting a new all-time high.

Chinese electric car maker Li Auto (NASDAQ:LI) posted third-quarter revenue of RMB 2.511 billion, which was well above the market's expectations of RMB 1.925 billion. The company reported a net loss of RMB 107 million for the third quarter, which was below market expectations of a loss of RMB 502 million.

Chinese carmaker BYD reported third-quarter net profit of RMB 1.751 billion, up 1,362.66% year-on-year, the company reported on October 29.