Quarterly Results
Leapmotor sees 1st positive quarterly bottom line as deliveries strong and gross margin improves
Leapmotor achieved net income of RMB 80.9 million ($11.1 million) in the fourth quarter of 2024, its first positive quarterly bottom line since its 2015 inception.
Xpeng to report Q4 2024 earnings on Mar 18
Xpeng delivered a record 91,507 vehicles in the fourth quarter, exceeding the upper end of its guidance range of 87,000 to 91,000 vehicles.
Li Auto to report Q4 2024 earnings on Mar 14
Li Auto delivered 158,696 vehicles in the fourth quarter, below the lower end of its guidance range of 160,000 to 170,000 units.
Zeekr to report Q4 2024 earnings on Mar 20
The Zeekr brand delivered 79,250 vehicles in the fourth quarter of 2024, an increase of 99.84 percent year-on-year and up 44.08 percent over the third quarter.
Tesla Q4 earnings miss as incentives more intense than expected
- The auto business was the main reason for Tesla's weaker-than-expected results, as incentives were more aggressive than expected.
- Gross margin in the fourth quarter was 16.3 percent, about half of what they were in the first quarter of 2022.
Leapmotor sees net income turn positive in Q4 on strong deliveries and cost control
Leapmotor attributes this to continued volume growth, product mix optimization, cost control and operational efficiency.
Nio Q3 earnings call: Sales and profitability targets, new model plans, and more
Nio is confident of doubling sales next year and aims to be profitable by 2026. The third brand is officially named Firefly and its first model will begin deliveries in the first half of 2025.
Nio posts lower-than-expected Q3 revenue, gross margin improves
Nio reported weaker-than-expected revenue in the third quarter, which was also below its guidance range. It reported a net loss that was flat from the second quarter, with gross margin improving to 10.7 percent.
Xpeng Q3 revenue beats estimates, gross margin hits record high
Xpeng reported revenue of RMB 10.1 billion in the third quarter, with a record gross margin of 15.3 percent, beating analysts' expectations.
Xiaomi reports $1.3 billion in revenue from EV business in Q3 with 39,790 deliveries
In the third quarter, Xiaomi's innovative business, which includes EVs, had a gross margin of 17.1 percent and an average vehicle sales price of RMB 238,650.