Li Auto delivered 92,864 vehicles in the first quarter, near the upper end of its guidance range.
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Category: Q1
Xpeng delivered 94,008 vehicles in the first quarter, exceeding the upper end of its guidance range.
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BYD reported a net income of RMB 9.16 billion ($1.26 billion) in the first quarter, up 100.38 percent year-on-year.
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Tesla reported net income of $409 million in the first quarter, down 70.58 percent year-on-year.
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CATL reported net income of RMB 13.96 billion ($1.9 billion) in the first quarter, up 32.85 percent year-on-year, albeit down 5.30 percent from the fourth quarter of 2024.
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BYD said it expects net income in the first quarter to be between RMB 8.5 billion and RMB 10 billion, a year-on-year increase of 86.04 percent to 118.88 percent.
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