Core Insights - NIO Inc. reported a total of 24,925 vehicle deliveries in June, marking a year-over-year growth of 17.5%. For Q2, the company delivered 72,056 vehicles, which is a 25.6% increase compared to the same quarter last year and within the company's guidance range [1][9]. Delivery Performance - In Q2, NIO's namesake brand sold 47,132 cars, reflecting an approximate decline of 18% from the same quarter in 2024. The ONVO brand delivered 17,081 units, while Firefly delivered 7,843 units [2]. - The ONVO and Firefly brands have diversified NIO's product portfolio, contributing to sales momentum, but this growth appears to be at the expense of the core NIO brand [3]. Year-to-Date Performance - In the first half of 2025, NIO sold 114,150 vehicles, representing an increase of over 30% from the previous year. However, this growth is insufficient to meet the company's ambitious target of doubling sales to 330,000 vehicles in 2025 [4][5]. Competitive Landscape - Li Auto delivered 36,279 units in June and 111,074 vehicles in Q2 2025, with a modest growth rate of 2.3%. XPeng Inc. delivered 34,611 smart EVs in June, achieving a remarkable 224% year-over-year increase and setting a new quarterly record with 103,181 cars sold in Q2 [6][7]. Stock Performance - NIO's shares have declined approximately 19% year-to-date, compared to an 8% decline in the broader industry [8]. Valuation Metrics - NIO currently trades at a forward price-to-sales ratio of 0.45 and holds a Value Score of D, indicating potential concerns regarding its valuation [10].

BEIJING, China, July 01, 2025 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 36,279 vehicles in June 2025. This brought the Company’s second-quarter deliveries to 111,074. As of June 30, 2025, Li Auto’s cumulative deliveries reached 1,337,810. Celebrating its 10th founding anniversary, Li Auto maintained its position as China’s best-selling domestic automotive brand in the RMB200,000 and ...

Core Viewpoint - Li Auto Inc. has revised its delivery outlook for Q2 2025, expecting to deliver approximately 108,000 vehicles, down from a previous estimate of 123,000 to 128,000 vehicles, due to a temporary impact from a sales system upgrade [1] Company Overview - Li Auto Inc. is a leader in China's new energy vehicle market, focusing on designing, developing, manufacturing, and selling premium smart electric vehicles [2] - The company's mission is to create a mobile home and happiness, providing families with safe, convenient, and comfortable products and services [2] - Li Auto is a pioneer in commercializing extended-range electric vehicles in China while also developing battery electric vehicle platforms [2] - The company began volume production in November 2019 and has a diverse model lineup, including Li MEGA, Li L9, Li L8, Li L7, and Li L6 [2]

Key Takeaways Li Auto has submitted the Li i6 electric SUV for approval, targeting a September market debut. The i6 will be offered in three versions, including dual- and single-motor variants up to 250 kW. Positioned as a premium family SUV, the i6 will be built in Beijing and Changzhou with CATL batteries.Li Auto (LI) has submitted its second fully electric SUV, the Li i6, for regulatory approval in China, with its official launch anticipated in about three months. The vehicle was listed in the latest c ...

Core Insights - NIO Inc. delivered 23,231 vehicles in May, reflecting a year-over-year increase of 13.1%, but a decline from April's 23,900 units, with May's growth rate significantly lower than April's 53% increase [1][9] Delivery Performance - The NIO brand's deliveries fell 31% month-over-month to 13,270 units, raising concerns as this includes the company's core premium offerings [2][9] - ONVO, NIO's mass-market brand, delivered 6,281 units, marking a 42% increase from April, while Firefly, the smaller premium brand, delivered 3,680 units, a significant rise from just 230 in April [3][4] Brand Portfolio Management - The growth of ONVO and Firefly appears to be at the expense of the NIO brand, indicating potential challenges in managing and balancing the brand portfolio effectively [4] Sales Goals and Year-to-Date Performance - NIO aims to double its sales by 2025 from 221,970 units delivered last year, requiring a monthly average of 37,000 deliveries. However, year-to-date deliveries of 89,225 units are 34.7% higher year-over-year but still fall short of the target pace [5][9] Competitive Landscape - Li Auto delivered 40,856 units in May, a 16.7% year-over-year increase, outperforming NIO in both year-over-year and month-over-month growth [6] - XPeng Inc. delivered 33,525 units, a remarkable 230% increase year-over-year, although it saw a decline from April's 35,045 units [7] Stock Performance - NIO shares have declined approximately 19% year-to-date, contrasting with the industry's slight decline of 0.5% [8]

Company Performance - Li Auto delivered 40,856 vehicles in May 2025, marking a year-over-year increase of 16.7% [1] - Cumulative deliveries reached 1,301,531 as of May 31, 2025 [1] Product Development - The company completed a comprehensive upgrade of its entire model lineup, with the new Li MEGA Home deliveries starting in late May [2] - The Li L series features significant enhancements, including dual-chamber air suspension and industry-leading safety capabilities with standard all-weather LiDAR [2] Technological Advancements - Li Auto rolled out OTA update version 7.4, enhancing the smart assistant Li Xiang Tong Xue with new animated avatars and improved intelligence [3] - The company plans to complete the deployment of its 2,500th super charging station in June, ahead of the launch of its first battery electric SUV, Li i8, in July [3] Infrastructure Expansion - As of May 31, 2025, Li Auto operated 506 retail stores in 152 cities and 502 servicing centers across 222 cities [4] - The company had 2,414 super charging stations in operation, equipped with 13,195 charging stalls in China [4] Company Overview - Li Auto is a leader in China's new energy vehicle market, focusing on premium smart electric vehicles and extended-range electric vehicles [5] - The current model lineup includes Li MEGA, Li L9, Li L8, Li L7, and Li L6, with plans for further expansion to target a broader user base [5]

How did Li Auto perform in the first quarter of 2025, and what were the key drivers behind its performance? In the first quarter of 2025, Li Auto delivered 92,000 vehicles, representing a year-over-year increase of 15.5%. This strong delivery volume drove total revenues to RMB 25.9 billion. According to data from the China Automotive Technology and Research Center, Li Auto performed robustly in the Chinese NEV market for vehicles priced above RMB 200,000, growing at twice the market rate. As of April 2025, ...

Li Auto (LI) Q1 2025 Earnings Call May 29, 2025 08:00 AM ET Company Participants Janet Zhang - Director of Investor RelationsTie Li - CFO & Executive DirectorYan Xie - Chief Technology OfficerBin Wang - VP - Investment BankingPaul Gong - Executive Director Conference Call Participants Tim Hsiao - AnalystYingbo Xu - AnalystTina Hou - AnalystJing Chang - Analyst Operator Ladies and gentlemen, thank you for standing by for Lee Auto's First Quarter twenty twenty five Earnings Conference Call. At this time, all ...

Li Auto (LI) Q1 2025 Earnings Call May 29, 2025 08:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by for Lee Auto's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in listen only mode. Today's conference call is being recorded. I will now turn the call over to your host, Ms. Janet Zhang, Investor Relations Director of Li Auto. Please go ahead, Janet. Speaker1 Thank you, Kelly. Good evening, and good morning, everyone. Welcome to Li Auto's first q ...

Core Insights - Li Auto Inc. delivered 33,939 vehicles in April 2025, marking a year-over-year increase of 31.6%, with cumulative deliveries reaching 1,260,675 as of April 30, 2025 [1] - The company has maintained its position as the sales leader for SUVs priced above RMB200,000 for three consecutive quarters, achieving the highest market share in multiple SUV segments [2] - Li Auto launched new models including Li MEGA Home and Li L6 at Auto Shanghai 2025, with Li MEGA Home accounting for over 90% of order intake for its models, indicating strong consumer endorsement [3] Company Overview - Li Auto Inc. is a leader in China's new energy vehicle market, focusing on the design, development, manufacturing, and sales of premium smart electric vehicles [5] - The company has a mission to create a mobile home and happiness for families, emphasizing innovations in product, technology, and business models [5] - As of April 30, 2025, Li Auto operates 500 retail stores and 500 servicing centers across 151 cities, along with 2,267 supercharging stations equipped with 12,340 charging stalls in China [4]