Li Auto Q1 Deliveries Up 15.5%, Expects Strong Q2 Growth

Earnings Call
05/29

1. Li Auto delivered 92,000 vehicles in Q1 2025, up 15.5% year-over-year, with revenue reaching RMB 25.9 billion.
2. The company outperformed in the RMB 200,000+ new energy vehicle market in China, growing at twice the market rate.
3. Li Auto has been the sales champion among Chinese auto brands for 14 consecutive months in this segment.
4. The company launched new versions of Li MEGA and Li L series with upgraded assisted driving systems and other enhancements.
5. Li Auto expects Q2 2025 deliveries to reach between 123,000 to 128,000 units.
6. The company is expanding its supercharging network, aiming for 4,000 stations by year-end.
7. Li Auto is developing advanced AI-driven assisted driving technology, with plans to launch the VLA4 large model with the Li I8.
8. The company's sales network has expanded to 500 retail stores in 151 cities and 500 servicing centers in 223 cities.
9. For Q2 2025, Li Auto expects total revenues between RMB 32.5 billion and RMB 33.8 billion, representing a year-over-year increase of 2.5% to 6.7%.
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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