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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
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

Chinese EV maker reports weaker revenue and lower deliveries as demand shifts toward battery-electric models and costs remain high

Continued cutthroat price war in China drags margin into single digits

Li Auto stock hit a 52-week low after reporting an earnings miss and issuing a weak Q3 revenue outlook, despite beating sales…

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…