NIO reported Q1 2026 revenue of 25.53 billion yuan, up 112.2% year-over-year, with operating profit of 66.8 million yuan for two consecutive profitable quarters. Vehicle gross margin reached 18.8%, a four-year high, with cash reserves at 48.2 billion yuan.
13447 days ago
XPeng's Q1 2026 revenue reached ¥13.03 billion, down 17.6% year-over-year, with deliveries of 62,700 units falling 33.3%—underperforming the NEV passenger vehicle market's 21.1% decline. Service and other revenue surged 41.2% to ¥2.03 billion, driven by the Volkswagen tech platform partnership. Three new models are scheduled for launch, with GX production ramping up.
43447 days ago
XPeng's Q1 2026 financial report shows gross margin reaching 20.6%, an all-time high. Quarterly deliveries totaled 62,682 units, with cash reserves growing to 42.09 billion yuan. Revenue for the quarter reached 15.81 billion yuan, up 62.8% year-over-year. This marks the third consecutive quarter of gross margin improvement.
46249 days ago
Li Auto's Q1 2026 financial report shows revenue of 23 billion yuan, up 52.3% year-over-year. Deliveries reached 95,142 units, up 47.6%. Gross margin was 19.8%, maintaining above 19% for five consecutive quarters. The company announced a share buyback program of up to 1 billion USD and maintained its full-year delivery target of 700,000 units.
43049 days ago
EX1000
