Tesla Q4 earnings miss as incentives more intense than expected
The automotive business was the main reason for Tesla's weaker-than-expected earnings, as incentives were more intense than expected.
CATL previews net income growth of up to 20% to RMB 53 billion in 2024
CATL's net income in the fourth quarter is expected to be a record RMB 17 billion, up 31.01 percent year-on-year and up 29.41 percent from the…
Great Wall Motor previews net income growth of about 80% in 2024
Great Wall Motor's net income in 2024 is expected to range from RMB 12.4 billion ($1.7 billion) to RMB 13.0 billion, an increase of 76.60…
Leapmotor sees net income turn positive in Q4 on strong deliveries and cost control
Leapmotor attributes this to continued volume growth, product mix optimization, cost control and operational efficiency.
Nio Q3 earnings call: Sales and profitability targets, new model plans, and more
Nio is confident of doubling sales next year and aims to be profitable by 2026. The third brand is officially named Firefly and its first…
Nio posts lower-than-expected Q3 revenue, gross margin improves
Nio reported weaker-than-expected revenue in the third quarter, which was also below its guidance range. It reported a net loss that was flat…
Xpeng Q3 revenue beats estimates, gross margin hits record high
Xpeng reported revenue of RMB 10.1 billion in the third quarter, with a record gross margin of 15.3 percent, beating analysts' expectations.
Xiaomi reports $1.3 billion in revenue from EV business in Q3 with 39,790 deliveries
In the third quarter, Xiaomi's innovation business, which includes EVs, had a gross margin of 17.1 percent and an average vehicle sales price…
Zeekr sees net loss narrow significantly in Q3, revenue down slightly
Zeekr saw its net loss decrease by 37.0 percent in the third quarter, while lower battery pack sales dragged down revenue.
Leapmotor aims to sell 500,000 cars in 2025
Leapmotor is targeting sales of 500,000 vehicles for the full year in 2025, with a gross margin of more than 10 percent, its management said.