Li Auto delivered 33,350 vehicles in May 2026, bringing total deliveries to over 1.7 million. The company launched the all-new Li L9 model, which received more than 10,000 orders within two weeks, signaling strong market demand. Li Auto plans a technology event in June to showcase innovations and will launch the Li L8 flagship SUV later that month. The company continues expanding its retail and charging infrastructure across China.
Li Auto is maintaining a buy rating with expectations that its gross margin will recover to around 10% by Q2 2026, marking a trough rather than a structural decline. The rapid ramp-up of the i6 BEV and the L-series refresh support the company's strat...
Tesla delivered 85,982 new energy vehicles from its Shanghai Gigafactory in May, marking a 39.4% year-on-year increase. China's overall EV market also showed signs of recovery, with 1.36 million passenger EVs sold in May, up 12% from last year. Other...
