Li Auto (HKEX:2015) reported Q1 revenue RMB22.98B but a RMB2.3B net loss as it ramps R&D (Q1 RMB2.72B; full-year guide RMB12.0B), while refreshed Li L6 debuts July 16 amid weaker volume—June deliveries down 14.8% y/y and H1 deliveries off 5.1%.
Previous Week Recap
- Li Auto Q1 Revenue, Net Loss: Li Auto (Sponsored ADR Class A) Q1: revenue RMB22.98B, net loss RMB2.3B, R&D Q1 RMB2.72B and full-year R&D guidance RMB12.0B — key figures for traders.
- Li Auto Refresh L6 Launch: Li Auto (2015) launches refreshed Li L6 July 16. June deliveries 30,895 (-14.8% y/y); Li L6 sales 915 (-94% y/y). H1 deliveries down 5.1% y/y.
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