LI AUTO(US:LI) Guan Cha Zhe Wang·2025-09-16 07:29Core Insights - The launch of the Li Auto i6 is anticipated to be a key factor in boosting the company's performance in Q4, especially in light of current sales pressures [1][7]. Group 1: Product Launch and Positioning - Li Auto's founder and CEO, Li Xiang, announced that the i6 will be officially launched on September 26, 2025, and it is positioned as the most suitable model for young consumers within the Li Auto family [2]. - The i6 is described as a third style of electric SUV, distinct from the current five-seat electric SUVs represented by the Model Y and Xiaomi YU7 [2]. Group 2: Technical Specifications - The i6 will be equipped with an 87.3 kWh lithium iron phosphate battery across all models, featuring 5C ultra-fast charging capabilities [4]. - The dual-motor all-wheel-drive version of the i6 has a WLTC range of 660 km, while the single-motor rear-wheel-drive version offers a WLTC range of 710 km to 720 km [5]. Group 3: Financial Performance - In Q2, Li Auto delivered 111,074 vehicles, a quarter-over-quarter increase of 19.6% and a year-over-year increase of 2.3%. Revenue was 30.2 billion yuan, a year-over-year decrease of 4.5% but a quarter-over-quarter increase of 16.7% [7]. - The company expects Q3 deliveries to be between 90,000 and 95,000 vehicles, representing a year-over-year decline of 41.1% to 37.8%. Projected Q3 revenue is estimated to be between 24.8 billion and 26.2 billion yuan, a year-over-year decrease of 42.1% to 38.8% [7]. - Li Auto's co-founder and president, Ma Donghui, believes the i6 has the potential to become a major contributor to the company's electric vehicle sales [7].