Li Auto Hits 900,000 Cumulative Deliveries Milestone, First Chinese New Car Maker To Reach The Mark: Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 21 2024
0mins
Source: Benzinga
Li Auto Achieves Delivery Milestone: Li Auto Inc has reached a significant milestone of 900,000 cumulative vehicle deliveries within 56 months of its first delivery, making it the first Chinese new car maker to achieve this feat. The company delivered 26,655 vehicles in July alone.
Market Performance and Industry Context: Despite the milestone, LI stock has seen a decline of over 47% in the past year, but shares rose by 3.69% recently. The Chinese EV industry is facing challenges such as weak domestic demand and tariffs, yet it is receiving support from government stimulus plans.
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Analyst Views on LI
Wall Street analysts forecast LI stock price to rise
12 Analyst Rating
2 Buy
9 Hold
1 Sell
Hold
Current: 15.880
Low
15.00
Averages
20.51
High
32.00
Current: 15.880
Low
15.00
Averages
20.51
High
32.00
About LI
Li Auto Inc is a holding company primarily engaged in the design, development, manufacturing, and sales of smart electric vehicles. The Company’s main products include the Li L9, Li L8, Li L7, Li L6, and Li MEGA, encompassing six-seat sport utility vehicles (SUVs), five-seat SUVs, and multi-purpose vehicles (MPVs). The Company is also engaged in research and development activities relating to intelligent vehicle technologies, the design, development and manufacturing of various components and systems for new energy vehicles, and the provision of value-added services such as charging, vehicle maintenance and repair. The Company mainly conducts its businesses within domestic market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Performance Expectations: Over the past two years, Li Auto has beaten EPS estimates 63% of the time but only 38% for revenue, showcasing volatility in profitability that may affect investor confidence moving forward.
- Estimate Revisions: In the last three months, there have been no upward revisions to EPS estimates and three downward revisions, while revenue estimates saw one upward and five downward revisions, suggesting a cautious market outlook for Li Auto's future performance.
- Industry Context: Amid a 40% surge in China's EV exports to 278,081 units, with shipments to Brazil skyrocketing by 221%, Li Auto faces pressure from broader sector recovery, which could impact its market share and competitive strategy.
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- Volume Spike: Trading volume reached 88.6 million shares, about 110% above the three-month average, reflecting heightened investor interest in Nio's new model and potentially signaling increased delivery momentum ahead.
- Increased Competitive Pressure: Nio priced its flagship SUV below pre-sale quotes, with each model trim approximately $4,000 cheaper than initially expected, a strategic move likely aimed at countering rising competition and attracting more consumers.
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- Surge in Trading Volume: Trading volume reached 96.1 million shares, approximately 139% above the three-month average, reflecting heightened market interest and active investor participation in Nio's performance.
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- Surge in Trading Volume: Trading volume reached 96.1 million shares, about 139% above the three-month average, indicating heightened investor interest in the company's performance, which may impact short-term stock price volatility.
- Profitability Challenges: Despite positive adjusted profits, the company reported a $45 million operational loss, a significant decline from the approximately $100 million profit reported in Q4 2025, leading investors to focus on whether it can achieve sustained profitability to support stock price growth.
See More
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- Earnings Release Date: Li Auto is set to announce its Q1 2023 earnings on May 28 before market open, with consensus EPS estimate at -$0.30 and revenue forecast at $3.19 billion, reflecting a 10.6% year-over-year decline, indicating challenges in the current market environment.
- Performance Expectations: Over the past two years, Li Auto has beaten EPS estimates 63% of the time but only 38% for revenue, showcasing volatility in profitability that may affect investor confidence moving forward.
- Estimate Revisions: In the last three months, there have been no upward revisions to EPS estimates and three downward revisions, while revenue estimates saw one upward and five downward revisions, suggesting a cautious market outlook for Li Auto's future performance.
- Industry Context: Amid a 40% surge in China's EV exports to 278,081 units, with shipments to Brazil skyrocketing by 221%, Li Auto faces pressure from broader sector recovery, which could impact its market share and competitive strategy.
See More
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- Stock Price Surge: Nio (NIO) closed at $5.75 on Wednesday, marking a 9.32% increase, primarily driven by the launch of its flagship ES9 SUV at a lower-than-expected starting price, which has attracted investor interest.
- Trading Volume Spike: The trading volume reached 88.6 million shares, approximately 110% above the three-month average of 42.2 million shares, indicating strong market interest and investor activity surrounding Nio's new model.
- Increased Competitive Pressure: Nio priced its new ES9 SUV models about $4,000 lower than previously announced pre-sale quotes, reflecting a more competitive pricing strategy in response to intensifying competition in the electric vehicle market.
- Delivery Growth Expectations: Nio nearly doubled its delivery numbers year-over-year in Q1, and management is optimistic about strong growth in Q2, bolstering investor confidence in Nio shares, despite the analyst team not including it in their top stock picks.
See More
Nio's ES9 SUV Launch at Lower Price Boosts Stock
- Stock Surge: Nio's stock price increased by 9.32% to $5.75 following the launch of the ES9 SUV at a lower-than-expected starting price, indicating strong market enthusiasm that could enhance the company's position in the competitive EV sector.
- Volume Spike: Trading volume reached 88.6 million shares, about 110% above the three-month average, reflecting heightened investor interest in Nio's new model and potentially signaling increased delivery momentum ahead.
- Increased Competitive Pressure: Nio priced its flagship SUV below pre-sale quotes, with each model trim approximately $4,000 cheaper than initially expected, a strategic move likely aimed at countering rising competition and attracting more consumers.
- Strong Delivery Outlook: Nio reported nearly double year-over-year delivery numbers in Q1, and management's optimistic growth predictions for Q2 provide investors with confidence to consider adding Nio shares to their portfolios.
See More
China's Electric Vehicle Exports Surge 40% in April
- Export Volume Surge: According to Bloomberg data, China's electric vehicle global shipments surged 40% year-over-year in April, reaching 278,081 units, demonstrating the increasing influence of Chinese automakers in the global car trade.
- Brazil Becomes Top Importer: Exports of Chinese green vehicles to Brazil skyrocketed 221% to 38,144 units, making it the world's largest importer of Chinese electric vehicles, reflecting a sharp rise in demand for EVs in the South American market.
- Regional Market Performance: Asia maintained its lead with exports of 110,613 units, a 20% increase year-over-year; Europe tracked 83,813 units, up 36%, with a notable 41% jump in EU exports to 63,063 units, showcasing the competitiveness of Chinese EVs in international markets.
- Rapid Growth in Latin America: Exports to Latin America and the Caribbean surged 80% to 52,897 units, indicating a fast-growing acceptance and demand for electric vehicles in the region, further propelling China's global EV expansion.
See More
Nio's Q1 Performance Recovers, Stock Sees Modest Gain
- Significant Revenue Growth: Nio's Q1 2026 revenue more than doubled year-over-year, with gross margins continuing to rise, indicating strong performance in the EV market despite ongoing operational losses.
- Increased Delivery Guidance: The company expects Q2 deliveries to range between 110,000 and 115,000 vehicles, a significant increase from 83,500 in Q1, providing initial support for the stock price amid positive delivery forecasts.
- Surge in Trading Volume: Trading volume reached 96.1 million shares, approximately 139% above the three-month average, reflecting heightened market interest and active investor participation in Nio's performance.
- Profitability Challenge: Although adjusted profits remain positive, the company reported a $45 million operational loss, a sharp decline from the approximately $100 million profit in Q4 2025, leading investors to cautiously assess its ability to achieve consistent profitability.
See More
Nio Reports Q1 2026 Results with Revenue Surge
- Significant Revenue Growth: Nio's Q1 2026 revenue more than doubled year-over-year, indicating strong market demand, although the company continues to face ongoing net losses, suggesting important progress on the path to profitability recovery.
- Optimistic Delivery Guidance: The company expects Q2 deliveries to range between 110,000 and 115,000 vehicles, a significant increase from 83,500 in Q1, reflecting management's confidence in future market demand, which could further drive stock price increases.
- Surge in Trading Volume: Trading volume reached 96.1 million shares, about 139% above the three-month average, indicating heightened investor interest in the company's performance, which may impact short-term stock price volatility.
- Profitability Challenges: Despite positive adjusted profits, the company reported a $45 million operational loss, a significant decline from the approximately $100 million profit reported in Q4 2025, leading investors to focus on whether it can achieve sustained profitability to support stock price growth.
See More
