Li Auto, Inc. ( (LI) ) has released its Q3 earnings. Here is a breakdown of the information Li Auto, Inc. presented to its investors.
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Li Auto Inc. is a prominent player in China’s new energy vehicle market, specializing in the design, development, and sale of premium smart electric vehicles, with a focus on extended-range and battery electric vehicles.
Li Auto Inc. recently released its unaudited financial results for the third quarter of 2025, highlighting a significant decrease in vehicle deliveries and revenues compared to the previous year. The company continues to expand its retail and service network across China and has made strides in its global expansion strategy.
The company’s total revenues for the third quarter of 2025 were RMB27.4 billion, representing a 36.2% decrease from the same period in 2024. Vehicle sales also saw a decline, with a 37.4% drop year-over-year. The company reported a net loss of RMB624.4 million for the quarter, a stark contrast to the net income of RMB2.8 billion in the third quarter of 2024. Despite these challenges, Li Auto launched the Li i6, a new battery electric SUV, and opened its first overseas retail store in Uzbekistan.
Li Auto’s management remains optimistic about the future, emphasizing their commitment to product and technology innovation. The company aims to enhance user experiences and drive sustainable growth, despite facing supply chain challenges and costs related to vehicle recalls. Looking ahead, Li Auto expects vehicle deliveries to range between 100,000 and 110,000 units in the fourth quarter of 2025, with total revenues projected to be between RMB26.5 billion and RMB29.2 billion.
Overall, while Li Auto faces a challenging market environment, its strategic initiatives and product innovations position it for potential growth in the evolving new energy vehicle sector.

