Li Auto delivered 80,400 vehicles in the first quarter, exceeding the upper end of its lowered guidance range.
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Category: Earnings
BYD’s net profit in Q1 down 47% from Q4 as car sales decline
BYD sold 626,263 NEVs in the first quarter, a 33.71 percent decrease from the fourth quarter of 2023 due to seasonal factors.
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CATL posts $1.45 billion net profit in Q1, 19% lower than Q4
CATL reported revenue of RMB 79.77 billion in the first quarter, a new low since the second quarter of 2022.
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BYD net profit slips in Q4 despite revenue hits record high
A heated price war in China's NEV sector late last year and incentives offered by BYD to dealers may have dragged down profits.
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Xpeng Q4 2023 earnings: Deutsche Bank’s 1st look
Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank.
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Xpeng posts record revenue in Q4, gross margin turns positive
Xpeng reported total revenues of RMB 13.05 billion ($1.84 billion) in the fourth quarter of 2023, an increase of 153.9 percent from the same period in 2022 and 53.0 percent from the third quarter of 2023.
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CATL’s net profit up 24.5% in Q4 over Q3, overseas operations contribute more to 2023 revenue
CATL has 32.67 percent of its revenue coming from overseas in 2023, up from 23.41 percent in 2022, as it begins deliveries to foreign customers.
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Nio Q4 earnings: Deutsche Bank’s 1st look
Nio reported mixed fourth-quarter results while providing a better than feared first-quarter outlook, said Deutsche Bank.
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Nio Q4 earnings: Revenue beats estimates, gross margin falls short
Nio reported a net loss of RMB 5.37 billion in the fourth quarter, down 7.2 percent from the fourth quarter of 2022 and up 17.8 percent from the third quarter of 2023.
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Nio earnings preview: Here’s what to watch for Q4 2023 report
Focus will mostly be on the gross margin, and Nio management's guidance for first-quarter deliveries are expected to be weak.
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