Guidance
Nio's revenue slips in Q1 as deliveries decline
Nio guided for second-quarter deliveries of between 54,000 and 56,000 units, meaning June deliveries are expected to be between 17,836 and 19,836 units.
Xpeng Q1 earnings beat estimates, gross margin bounces back to over 1-year high
Xpeng's first-quarter revenue beat Wall Street estimates, gross margin rebounded further to a new high since the third-quarter of 2022, despite conservative guidance for second-quarter deliveries.
Li Auto Q1 2024 earnings call: Live updates
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.
Li Auto sees net income fall in Q1, guidance for Q2 misses expectations
Li Auto guides for second-quarter vehicle deliveries to be in the range of 105,000 to 110,000, meaning it expects to deliver a total of 79,213 to 84,213 vehicles in May and June.
Xpeng to report Q1 2024 earnings on May 21
Xpeng delivered 21,821 vehicles in the first quarter, slightly above the lower end of the guidance range of 21,000 - 22,500 vehicles.
Nio cuts Q1 delivery guidance to 30,000 units, hints at Mar deliveries of around 11,813
Li Auto lowered its guidance for first-quarter deliveries last week, and Tesla has reportedly reduced EV production at its China factory.
Li Auto cuts guidance for Q1 deliveries due to lower-than-expected order intake
The updated delivery guidance means that Li Auto now expects it to deliver between 24,584 and 26,584 vehicles in March.
Xpeng aims to see operating profit turn positive by 2025
Xpeng aims to see sales of 1.2 million by 2027 and reach about 30 percent share of the fully autonomous vehicle market.
Li Auto expects Dec deliveries to exceed 20,000 units
The Li L9 and Li L8 were fast-tracking their capacity climb, and Li Auto is on track to exceed 20,000 deliveries in December, an executive said.
Nio lowers guidance for Q4 deliveries, citing challenges from Covid outbreak
Nio now expects to deliver 38,500 to 39,500 vehicles in the fourth quarter, down 4,500-8,500 units from its previously issued guidance of 43,000-48,000 vehicles.