Friday, June 26

Li Auto said it will release its unaudited second-quarter 2025 financial results before the U.S. market opens on Aug. 28, with an earnings call scheduled the same day at 8 a.m. Eastern time (8 p.m. Beijing time).

The Chinese electric vehicle maker delivered 111,074 vehicles in the quarter, up 2.3% from a year earlier and 19.6% from the first quarter. The result surpassed its revised forecast issued on June 27, when it cut its guidance to 108,000 units from the original range of 123,000–128,000 due to temporary disruptions caused by an upgrade to its sales system.

Li Auto has faced declining sales in 2025, particularly in its core L series lineup – comprising the L6, L7, L8 and L9 – which recorded year-on-year drops of between 40% and 53% in July, according to CnEVPost data. In the first seven months, the automaker delivered 234,669 vehicles, 2.2% lower than the same period last year.

The company’s new Li Mega MPV posted its second-best month on record in July with 2,816 units, representing 9.2% of total deliveries. Meanwhile, the newly launched Li i8 electric SUV encountered a slow start after its July 29 debut, prompting a re-launch on Aug. 5 that reduced available trims and lowered prices. Deliveries of the i8 will begin on Aug. 20, with a target of 8,000 to 10,000 units by the end of September.

Looking ahead, Li Auto plans to introduce the Li i6 in September, a smaller and more affordable electric SUV positioned below the i8 in its product range.

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Jackson Han has been covering the China electric vehicle industry for EVMagz.com since becoming a reporter in 2020, focusing on Chinese EV manufacturers, battery technology, charging infrastructure, and smart mobility development across China’s major automotive and technology hubs.

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