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2025-04-212025-04-211111100
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2025-04-212025-04-211111100
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Symbol LI
Name Li Auto Inc.
Currency USD
Sector Consumer Discretionary
IndustryGroup Automobiles & Components
Industry Automobiles
Market NASDAQ Global Select
Country China
State
City Beijing
Zipcode 101399
Website http://www.lixiang.com

tesla prepares for third quarter earnings amid competitive pressures and investor concerns

Tesla is set to report its third-quarter earnings, with analysts expecting earnings per share of 58 cents and revenue of $25.37 billion. Despite a 6% year-over-year increase in vehicle deliveries to 462,890, the figures fell short of expectations, prompting concerns over margins due to ongoing discounts. CEO Elon Musk's political activism and the competitive landscape, particularly from Chinese automakers and U.S. legacy manufacturers, add to investor uncertainty, as Tesla's stock has declined 13% this year. Shareholders are eager for updates on robotaxi development and the Cybertruck's performance amid quality issues.

China's plugin vehicle sales soar to 53 percent market share in September

Plugin vehicles in China achieved a record 53% market share in September, with over 1.1 million sales, marking a 51% year-over-year increase. BYD dominated the market, securing five of the top six spots in sales, while Tesla's Model Y remained a strong competitor. The overall market is projected to reach around 50% electrification by the end of the year, with significant growth in both BEVs and PHEVs.

Chinese automakers embrace extended-range electric vehicles to meet consumer demand

The demand for Extended-Range Electric Vehicles (EREVs) is surging in China, with sales jumping 173% last year as consumers seek affordable options with longer ranges amid inadequate charging infrastructure. Major automakers, including Zeekr and Avatr Technology, are now pivoting to develop EREVs, reflecting a significant shift in the market. As the industry evolves, plug-in hybrids are expected to maintain strong sales for the next few years, while fully electric vehicles remain the long-term goal.
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