Li Auto Q1 Deliveries Up 15.5% YoY, Expects Strong Q2 Growth
Earnings Call
29 May
Li Auto reported Q1 2025 deliveries of 92,000 vehicles, up 15.5% year-over-year. Revenue reached RMB 25.9 billion. The company maintained strong performance 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 in this segment for 14 consecutive months, with a 14.1% market share in April. The company launched new versions of Li MEGA and Li L series, featuring upgraded chips and LiDAR sensors. Li MEGA HOME, launched in April, accounted for over 90% of Li MEGA orders. For Q2 2025, Li Auto expects deliveries between 123,000 to 128,000 units.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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