BYD's net income in the fourth quarter was a record RMB 15.02 billion ($2.07 billion), as NEV sales reached an all-time high.
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Category: Earnings
This post provides live updates on the key takeaways from Nio's fourth-quarter 2024 earnings call.
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Nio's net loss in the fourth quarter was a record RMB 7.11 billion yuan, an increase of 40.6 percent from the third quarter, as SG&A expenses hit a record high.
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Zeekr reported a net loss of RMB 821 million ($112 million) in the fourth quarter, a year-on-year decrease of 72.1 percent and a quarter-on-quarter decrease of 28.0 percent.
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Xiaomi's innovative business, including EVs, posted a gross margin of 20.4 percent in the fourth quarter, up from 17.1 percent in the third quarter.
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Xpeng today announced its Q4 2024 financial results and held an analyst call afterwards. This post is a live update from that call.
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Xpeng reported a net loss of RMB 1.33 billion ($180 million) in the fourth quarter of 2024, down from RMB 1.35 billion in the same period of 2023 and down from RMB 1.81 billion in the third quarter of 2024.
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CATL reported revenue of RMB 102.97 billion in the fourth quarter, down 3.08 percent year-on-year.
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Li Auto will launch two all-electric SUVs this year, including the Li i8 in July and another model, the Li i6, in the second half of the year.
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Li Auto expects its vehicle deliveries in the first quarter of 2025 to be in the range of 88,000 to 93,000 units, up 9.5 percent to 15.7 percent year-on-year.
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