Chinese EV maker grants 35 million options to three senior executives as losses widen and investors question its push into embodied AI
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In the first quarter of 2026, Li Auto posted a net loss of 2.3 billion yuan ($334 million), while gross margin fell to a record low of 7.9%. Photo: VCG
Continued cutthroat price war in China drags margin into single digits
Li Auto reported a Q1 2026 net loss of RMB 2.3 billion, compared with a net profit of RMB 646.6 million in the same period last…
Chinese automakers are moving to secure supply and cut dependence on CATL as battery shortages and margin pressure intensify
Li Auto shares slipped Friday despite launching the new Li L9 SUV as weak broader market sentiment and ongoing pressure on EV…
Beijing-based EV maker expects overseas deliveries to account for 30 per cent of its total by 2030, president Ma Donghui says.
Powered by two proprietary chips, the upgraded L9 features the company’s latest driver assistance and smart cabin systems
