Q1
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Chinese automakers' Q1 earnings highlight impact of currency fluctuations
As overseas businesses expand rapidly, fluctuations in the yuan exchange rate are significantly impacting the profits of Chinese automakers.
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Geely Q1 profit falls 27% as currency fluctuations weigh on results
Excluding the impact of foreign exchange fluctuations, Geely's core profit grew 31%, contrasting with the broader weakness in China's auto market.
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CATL sees Q1 profit climb 48.5% as revenue jumps over 50%
CATL achieved a net profit of 20.74 billion yuan in the first quarter, representing a 48.52% year-on-year increase.
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Nio Q1 2025 earnings call: Live updates
Nio's third factory will officially start production in September, and some production lines will operate on a double shift basis as needed.
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Nio reports 30% year-on-year increase in Q1 net loss as expenses rise
Nio experienced an operating cash outflow in the first quarter, with current liabilities exceeding current assets.
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Li Auto reports 9% year-on-year growth in Q1 net income, gross margin remains flat
Li Auto saw a solid year-on-year growth in net income in the first quarter, despite a flat revenue, as sales expenses declined.
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Xiaomi's EV business brings in $2.5 billion in revenue in Q1, up 11% from Q4
Xiaomi's innovative businesses, which include EV and AI, posted a gross margin of 23.2 percent in the first quarter, up from 20.4 percent in the fourth quarter last year.
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Xpeng Q1 2025 earnings call: Live updates
Xpeng is confident that sales will more than double in 2025 and expects the company to be profitable in the fourth quarter of this year.
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Nio to report Q1 2025 earnings on Jun 3
Nio Inc delivered 42,094 vehicles in the first quarter, within the guidance range of 41,000 to 43,000 vehicles.
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Xpeng posts lowest net loss in 5 years in Q1, gross margin at record high
Xpeng's first-quarter net loss came in at RMB 660 million, the lowest since the second quarter of 2020.
