Li Auto set to reveal Q2 2025 financial results on August 28th.
Li Auto, a prominent player in the Chinese electric vehicle market, has announced its earnings conference call for the second-quarter results will be held on August 28. The company will release its unaudited financial results before the market opens on the same day [1][3].
In the second quarter of 2025, Li Auto delivered 111,074 vehicles, marking a year-on-year increase of 2.30 percent and a quarter-on-quarter increase of 19.61 percent [1]. However, the company's deliveries for the first seven months of the year decreased by 2.21 percent year-on-year, reflecting the sales pressure the company has been facing [1][3].
The sales decline has been primarily attributed to the poor performance of Li Auto's core L series models and the intense competition in the Chinese electric vehicle market [1][3][4]. The company's newer models, like the Li i8 electric SUV, are still in early delivery stages and have yet to fully offset declines in established lines [2][4].
Li Auto reportedly adjusted its sales system amid intensifying competition [2]. This adjustment led to a temporary reduction in the company's second-quarter delivery guidance from the previously announced range of 123,000 to 128,000 vehicles to 108,000 vehicles on June 27 [1]. Despite this, Li Auto's actual Q2 deliveries exceeded the lowered guidance set in late June.
In response to the sales decline, Li Auto is ramping up new electric SUV (Li i8) deliveries, aiming to deliver up to 10,000 units by September to support future sales recovery [2]. The Li i8, a smaller electric SUV than the Li i8, is scheduled for launch in September with lower prices expected [2].
The Li i8 faced poor initial reception upon its launch on July 29, prompting a re-launch on August 5 with reduced versions and price cuts [4]. The Li Mega MPV delivered 2,816 units in July, accounting for 9.16% of Li Auto's monthly deliveries [1].
Li Auto's mainstay L series models have seen a decline in sales this year [4]. The L series models (Li L6, Li L7, Li L8, and Li L9) experienced year-on-year declines in deliveries, ranging from 40% to 53% in July [1].
Li Auto's management will host an earnings conference call on August 28 at 8:00 am US Eastern time (8:00 pm Beijing time) [1]. The company's stock ticker symbol is NASDAQ: LI.
[1] - Li Auto Press Release, August 2025 [2] - Reuters, August 2025 [3] - Bloomberg, August 2025 [4] - TechCrunch, August 2025
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