Li Auto already reported its fourth-quarter earnings earlier today, while Nio will report its earnings on March 5.
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Category: Earnings
Li Auto posts 20.3% revenue growth in Q4 from Q3, gross margin improves to 23.5%
Li Auto expects to deliver 100,000 to 103,000 units in the first quarter.
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Nio to report Q4 earnings on Mar 5
Nio delivered 50,045 vehicles in the fourth quarter, exceeding the upper end of its previous guidance range of 47,000 to 49,000 vehicles.
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Li Auto to report Q4 earnings on Feb 26
Li Auto delivered a record 131,805 vehicles in the fourth quarter, with the lowest-priced Li L7 contributing 40 percent.
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Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices
Lithium producers including Ganfeng and Tianqi expect their net profits in 2023 to be much lower than in 2022, with the common reason being a sharp drop in lithium prices.
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CATL expects profit growth of up to 48% in 2023
The earnings preview implies CATL returned to net profit growth in the fourth quarter, after seeing a sequential decline in the third quarter.
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Analysts explain why BYD’s average profit per car fell in Q4
BYD's average profit per vehicle fell by about RMB 1,400 in the fourth quarter from the third quarter, mainly due to promotions through discounts and incentives offered to dealers, a team of analysts said.
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Tesla gets 22.5% of its revenue from China in 2023
In the fourth quarter, Tesla's revenue from China was a record $6.1 billion, or 24.25 percent of its total revenue.
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BYD expects profit growth of up to 86.49% in 2023
BYD achieved a significant improvement in earnings, demonstrating strong resilience despite tougher competition in the industry, the company said.
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Battery maker Gotion expects 2023 net profit to increase by up to 253%
Gotion said further reductions in raw material costs and the introduction of Volkswagen's management system have helped it improve efficiency.
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