Li Auto Q1 Deliveries Up 15.5%, Dominates RMB 200K+ NEV Market

Earnings Call
05-29
Li Auto reported strong Q1 2025 results with 92,000 vehicle deliveries, up 15.5% year-over-year, driving revenue to RMB 25.9 billion. The company outperformed 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. Cumulative deliveries reached 1.26 million vehicles by April end. The company announced upgrades to its L-series vehicles, including advanced driver assistance systems, and introduced the new Li MEGA model. Li Auto expects Q2 2025 deliveries to reach 123,000-128,000 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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