Li Auto

Li Auto's four L series EREVs saw further significant year-on-year declines in August deliveries, while the Li Mega MPV continued approaching its record high.

This marks Li Auto's third consecutive month of year-on-year delivery declines, resulting in an 8.64 percent year-to-date decrease in deliveries.

Li Auto's second-quarter net income and revenue both fell short of analyst expectations, with weak guidance signaling continued pain ahead.

When running tasks for large language models, one Li Auto M100 chip delivers effective computing power equivalent to two Nvidia Thor-U chips.

Analysts estimate that Li Auto has secured more than 12,000 cancellable orders for the Li i8, which should support an optimistic delivery scenario by the end of September.

In the second quarter, Li Auto delivered 111,074 cars, exceeding the reduced guidance provided by Li Auto on June 27.

Li Auto has withdrawn a new sales system that had been in place for less than six months amid intensifying market competition and short-term sales pressure.

Li Auto will begin deliveries of the Li i8 on August 20, with a target of delivering between 8,000 and 10,000 units by the end of September.

Following the lukewarm initial reception of the Li i8, Li Auto is facing a tsunami of negative reviews on social media platforms.