Q2

Nio aims to deliver 150,000 vehicles in the fourth quarter, averaging 50,000 deliveries per month.

Nio posted a net loss of RMB 4.99 billion ($697 million) in the second quarter, its smallest since the fourth quarter of 2023.

This marks the first year-on-year decline in BYD's net income since the first quarter of 2022.

Li Auto's second-quarter net income and revenue both fell short of analyst expectations, with weak guidance signaling continued pain ahead.

In the second quarter, Nio Inc delivered 72,056 vehicles, within the guidance range of 72,000 to 75,000 vehicles.

Xpeng's new generation P7 sedan will be launched next week.

The gross margin for Xiaomi's innovative businesses, including EV and AI, was 26.4 percent in the second quarter, higher than 23.2 percent in the first quarter.

Xpeng's net loss for the second quarter was RMB 480 million, marking the lowest level since the third quarter of 2020.

In the second quarter, Li Auto delivered 111,074 cars, exceeding the reduced guidance provided by Li Auto on June 27.

In the second quarter, Xpeng delivered a record 103,181 vehicles, within the guidance range of 102,000 to 108,000 units.