Li Auto
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CATL's Hong Kong-listed shares once fell over 4.5%, hitting a new low since March, as Li Auto plans to switch to self-developed batteries.
CATL's Hong Kong-listed shares fell over 4.5% today, hitting an intraday low since March 10, with its A-shares also declining. This follows Li Auto's statement on the 7th that while the first batch of
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Li Auto's Q2 revenue of 25.67 billion yuan exceeded expectations, with a net loss of 1.71 billion yuan and gross margin narrowing to 11%; Q3 revenue guidance is 17% below the median expectation.
Li Auto's Q2 results show revenue decreased by 15.1% YoY, slightly above market estimates of RMB 24.96 billion. The company swung from a net profit of RMB 1.10 billion in the same period last year to
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China EV Price War Fears Intensify After Xpeng (-5.2% MoM) & Li Auto (-1.4% MoM) Report Weak July Sales
Concerns over a potential price war in China's electric vehicle (EV) market have intensified after premium carmakers Xpeng, Nio, and Li Auto reported weak July sales figures. Xpeng delivered 38,027 ve
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CATL's Hong Kong-listed shares once fell over 4.5%, hitting a new low since March, as Li Auto plans to switch to self-developed batteries.
CATL's Hong Kong-listed shares fell over 4.5% today, hitting an intraday low since March 10, with its A-shares also declining. This follows Li Auto's statement on the 7th that while the first batch of
-
Li Auto's Q2 revenue of 25.67 billion yuan exceeded expectations, with a net loss of 1.71 billion yuan and gross margin narrowing to 11%; Q3 revenue guidance is 17% below the median expectation.
Li Auto's Q2 results show revenue decreased by 15.1% YoY, slightly above market estimates of RMB 24.96 billion. The company swung from a net profit of RMB 1.10 billion in the same period last year to
-
China EV Price War Fears Intensify After Xpeng (-5.2% MoM) & Li Auto (-1.4% MoM) Report Weak July Sales
Concerns over a potential price war in China's electric vehicle (EV) market have intensified after premium carmakers Xpeng, Nio, and Li Auto reported weak July sales figures. Xpeng delivered 38,027 ve
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Li Auto
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