Li Auto Reports 15.5% YoY Growth in Q1, Expects Strong Q2 with New Model Launches
Earnings Call
29 May
Li Auto reported strong Q1 2025 results with 92,000 vehicle deliveries, up 15.5% year-over-year. The company maintains leadership in the RMB 200,000+ new energy vehicle market in China, growing at twice the market rate. Li Auto has been the sales champion among Chinese auto brands for 14 consecutive months in this segment. The company launched new models, including Li MEGA and updated Li L series, with Li MEGA HOME accounting for over 90% of orders. Li Auto expects Q2 deliveries to reach 123,000-128,000 units. The company is expanding its supercharging network, aiming for 4,000 stations by year-end. Li Auto is also advancing its autonomous driving technology with the VLA driver model and plans to launch pure electric SUVs later this year.Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.
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