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BEIJING, China, Sept. 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 28,529 vehicles in August 2025. As of August 31, 2025, Li Auto's cumulative deliveries reached 1,397,070.
Chinese electric vehicle companies could be at risk of a big reversal as competition and the ongoing price wars start to dent their profits, which happened to BYD Last week. This crisis may hurt top companies like Li Auto (LI), XPeng (XPEV), and Nio (NIO) stocks.
Tesla rivals XPeng, Xiaomi, Nio and Li Auto will report China EV sales for August on Monday, with giant BYD due Sept. 1-2.
Li Auto delivered Q2 results that missed expectations on revenue and EPS, but the firm maintains industry-leading vehicle margins despite moderating top-line growth. The company faces near term challenges with weak Q3 delivery guidance and declining sales for its L-Series models, but new product launches like the Li i8 could potentially reverse trends. Li Auto maintained vehicle margins north of 19% and remained solidly profitable in the second-quarter.
Li Auto Inc. (NASDAQ:LI ) Q2 2025 Earnings Conference Call August 28, 2025 8:00 AM ET Company Participants Donghui Ma - President & Executive Director Janet Chang - Director of Investor Relations Tie Li - CFO & Executive Director Xiang Li - Founder, Executive Chairman & CEO Yan Xie - Senior VP & CTO Conference Call Participants Jing Chang - China International Capital Corporation Limited, Research Division Ming-Hsun Lee - BofA Securities, Research Division Paul Gong - UBS Investment Bank, Research Division Tim Hsiao - Morgan Stanley, Research Division Tina Hou - Goldman Sachs Group, Inc., Research Division Yingbo Xu - Citic Securities Co., Ltd., Research Division Operator Hello, ladies and gentlemen.
Chinese electric vehicle makers have been caught up in a brutal price war, and that appeared to dent Li's bottom line.
Quarterly total revenues reached RMB30.2 billion (US$4.2 billion)1 Quarterly deliveries reached 111,074 vehicles BEIJING, China, Aug. 28, 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 its unaudited financial results for the quarter ended June 30, 2025. Operating Highlights for the Second Quarter of 2025 Total deliveries for the second quarter of 2025 were 111,074 vehicles, representing a 2.3% year-over-year increase.
China's electric vehicle revolution has sent shockwaves across the globe. Beijing's rapid auto sector growth has been attributed to subsidies, tax incentives and massive funding in research and development costs.
NIO shows faster growth, stronger forecasts and a cheaper valuation than Li Auto as both gear up to report Q2 results.
Li Auto stock price has remained under pressure in the past few weeks after the company downgraded its delivery data. It was trading at $24, down by over 27% from its highest point this year.