China’s Li Auto said its net profits more than halved year-on-year to RMB 1.1 billion ($151.5 million) in the second quarter,Dubbed eroded by a lower average selling price as competition between the electric vehicle startup and larger rivals, especially Huawei, remains intense. U.S.-listed shares of the Chinese automaker tumbled 16.1% on Wednesday following the release of the earnings report. Revenue reached a record RMB 31.7 billion in the April-June quarter thanks to strong sales of Li Auto’s extended-range hybrid EVs (EREVs), although the vehicle margin also declined to 18.7% from 21% a year ago and 19.3% a quarter earlier.
The L6 crossover, Li Auto’s cheapest model launched in April at a starting price of RMB 249,800, accounted for roughly a third of its quarterly deliveries of 108,581 units in the three months ended June 30. Meanwhile, rival Huawei said its Harmony Intelligent Mobility Alliance delivered a total of 106,351 EVs over the same period, and more than 100,900 Aito M7 crossovers were delivered from January to mid-June, making it the top-selling model of all kinds by a young Chinese EV maker. Li Auto also lowered its annual delivery guidance to 500,000 units, down from the 560,000 units previously guided, citing concerns over slowing demand and pricing pressure. [TechNode reporting, Li Auto results]
The cicadas aren't invading the U.S.
One More Page 3 campaign highlights breast cancer awareness
Cyberflashing to become illegal in England and Wales
How to preorder the new Google Pixel 8 and Pixel 8 Pro
Best keyboard deals: Save on Asus gaming keyboards at Amazon
Canva unveils Magic Studio, a suite of AI
Rediscovered Avant
New PS5 owners: Get a free game before Oct. 20
The Mismeasure of Media
Pregnant Ukrainian Instagram influencer in the middle of a Russian disinformation campaign
Samsung Unpacked stream is set for May 12, 2025
The History of the Grand Guignol Is Expectably Terrifying
The District of Columbia is suing Grubhub for hidden fees, misleading advertising, and more
E. H. Shepard’s Wartime Drawings
A worthless juicer and a Gipper-branded server
Spooky Staff Picks: What to See and Read on Halloween
Ragnar Kjartansson Uses Clichés to Destroy Western Culture
Disney allegedly stole artwork, sold it in its park, and tried to cover it up
Bargaining For the Common Good
Ragnar Kjartansson Uses Clichés to Destroy Western Culture
Tesla loses its head of Giga Shanghai to a Chinee energy firm · TechNodeWebb telescope just saw something strange on UranusOn ocean world Enceladus, NASA found a vital element for lifeTikTok Book Awards 2024: Check out the shortlistTSMC's Kumamoto plant to supply initial output to Sony and Denso · TechNodeNYT's The Mini crossword answers for June 30Raducanu vs. Alexandrova 2024 livestream: Watch Wimbledon for freeNASA rover posts glorious GIF of a Martian dayWordle today: The answer and hints for June 30NASA shows Mars helicopter blades reaching blazing speedBYD to launch full'House of the Dragon' Season 2, episode 3: Daemon's Harrenhal vision, explainedSpain vs. Georgia 2024 livestream: Watch Euro 2024 for freeMeituan expands quick commerce operations to Saudi Arabia with Xiaoxiang Supermarket · TechNodeNASA's Mars video shows spectacular recreation of pivotal Martian eventSabalenka vs. Bektas 2024 livestream: Watch Wimbledon for freeNASA's Voyager 1 probe stopped communicating. There's no quick fix.The curious new planets astronomers detected in 2023How hot is the sun? It's a tricky question, even for scientists.Why your favourite wellness influencer might be pivoting to climate denialism 'Quicksand': Let's talk about that truly wild ending Lidija Dimkovska, Skopje, Macedonia by Matteo Pericoli How to silence unknown callers on WhatsApp Kafkaesque Hotels, and Other News by Sadie Stein In Which Jane Austen Tells Your Fortune, and Other News by Sadie Stein Pynchonicity by Gary Lippman Tucker Carlson's Twitter show viewership is declining The Immortality Chronicles, Part 4 by Adam Leith Gollner How to add mentions in an Instagram Story after it's posted Marjorie Taylor Greene's campaign site promotes debunked conspiracy about Ilhan Omar Spoiler Alert by Scott Spencer On Keeping a Notebook, Part 1 by Sarah Gerard Trump's impeachment lawyer rambles his way into memedom New Salinger, and Other News by Sadie Stein 'Quordle' today: See each 'Quordle' answer and hints for July 9 In the Club by Sadie Stein Ah, Underpants! by Sadie Stein Damned Spot by Sadie Stein Twitter returns to the old version of TweetDeck Reddit's API protest just made John Oliver a special job offer
2.1843s , 10092.5625 kb
Copyright © 2025 Powered by 【Dubbed】,Inspiration Information Network