Q4

Xpeng recorded its first-ever net profit of 380 million yuan ($50 million) in the fourth quarter of 2025.

Nio achieved profit from operations of 807.3 million yuan ($115.4 million) in the fourth quarter, marking its first quarterly profit since inception.

CATL's net income reached 72.2 billion yuan ($10.4 billion) in 2025, and it announced a generous cash dividend plan.

Xpeng will report its fourth-quarter 2025 financial results on March 20, with the market focused on whether it can achieve its single-quarter profitability target.

Li Auto delivered 109,194 vehicles in the fourth quarter 2025, marking a 31.19% year-on-year decline.

Earlier this month, Nio issued a rare profit alert, projecting fourth-quarter non-GAAP operating profit between RMB 700 million and RMB 1.2 billion.

This post provides live updates on the key takeaways from Nio's fourth-quarter 2024 earnings call.

Nio's net loss in the fourth quarter was a record RMB 7.11 billion yuan, an increase of 40.6 percent from the third quarter, as SG&A expenses hit a record high.

Zeekr reported a net loss of RMB 821 million ($112 million) in the fourth quarter, a year-on-year decrease of 72.1 percent and down 28.0 percent from the third quarter.

Xiaomi's innovative business, including EVs, posted a gross margin of 20.4 percent in the fourth quarter, up from 17.1 percent in the third quarter.