Li Auto Inc.·Consumer Cyclical

XPeng (XPEV) and Li Auto (LI) moved in opposite directions in premarket trading on Thursday after both Chinese automakers reported first-quarter results that to

Li Auto NASDAQ: LI executives said the company returned to a sales growth trajectory in the first quarter of 2026, but the Chinese electric vehicle maker reported sharply lower margins and a net loss as product mix and its model refresh cycle weighed on profitability.

Li Auto reports a first-quarter per share loss of 15 cents while Wall Street was looking for a loss of 13 cents. XPeng reports a loss of 13 cents; Wall Street expected a loss of 10 cents.

The Chinese carmaker has been struggling with slowing demand for the plug-in hybrid vehicles it specializes in.

Quarterly total revenues reached RMB23.0 billion (US$3.3 billion)1 Quarterly deliveries were 95,142 vehicles BEIJING, China, May 28, 2026 (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 its unaudited financial results for the quarter ended March 31, 2026. Operating Highlights for the First Quarter of 2026 Total deliveries for the first quarter of 2026 were 95,142 vehicles, representing a 2.5% year-over-year increase.

Today, May 27, 2026, a cheaper-than-expected ES9 launch and surging volume are testing whether Nio's rebound story has legs.
Li Auto Inc. operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company offers its products through online and offline channels. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
Consumer Cyclical
Auto - Manufacturers
32,248
2020-07-30
0.62