BottomBounce
1月前
Kandi Technologies ($KNDI) and Li Auto $LI represent two very different visions for the future of electric mobility, yet both are reshaping the EV landscape in ways that are impossible to ignore. One is building the backbone of localized battery production and affordable electric platforms, while the other is redefining what a long-range, family-focused EV can be. Together, they illustrate the diversity and ambition driving China’s—and increasingly the world’s—electrification movement.
Kandi Technologies has spent the past several years evolving from a niche EV manufacturer into a broader clean-energy and intelligent-equipment innovator. Its most significant recent move is a strategic partnership with CBAK Energy to build two lithium-battery production facilities in the United States, a milestone that signals Kandi’s intention to become a major player in North America’s electrification push. According to the companies, one facility will focus on battery-pack assembly, while the second—planned for a later phase—will manufacture battery cells. This dual-facility approach is designed to support the rapidly expanding off-road and recreational EV market, which is projected to grow from $16.7 billion in 2024 to roughly $25 billion by 2030.
By localizing battery production, Kandi is positioning itself to benefit from U.S. clean-energy incentives while reducing supply-chain vulnerabilities. The partnership also aims to create an integrated, end-to-end battery ecosystem, with CBAK initially supplying cells from overseas before shifting to U.S.-based production once the second facility comes online. This strategy not only strengthens Kandi’s North American footprint but also reflects a broader global trend: the race to secure domestic battery capacity as EV adoption accelerates.
Li Auto, meanwhile, has taken a very different path—one defined by premium extended-range electric vehicles (EREVs) designed for families who want electric power without range anxiety. While this search did not return new Li Auto–specific updates, the company is widely recognized for its successful lineup of large, tech-forward SUVs that combine electric drivetrains with small onboard generators. This hybridized approach has allowed Li Auto to scale rapidly in China, appealing to drivers who want the benefits of electrification without relying solely on charging infrastructure.
Where Kandi focuses on affordability, utility, and battery manufacturing, Li Auto emphasizes comfort, long-distance capability, and intelligent-vehicle design. Kandi is building the infrastructure that will power the next generation of EVs; Li Auto is building the vehicles that families want to drive today.
Together, these two companies highlight the multifaceted nature of the EV revolution. Kandi is strengthening the supply chain and expanding access to electric mobility through localized battery production and practical vehicle platforms. Li Auto is pushing the boundaries of what modern electric vehicles can offer in terms of range, luxury, and everyday usability. Their strategies differ, but their goals align: accelerating the global transition to cleaner, smarter, and more sustainable transportation.
iHub News
3月前
Li Auto shares slip in pre-market after Goldman Sachs downgrade and margin concernsMarch 17, 2026 7:25 AM
IH Market News
Shares of Li Auto (NASDAQ:LI) fell in pre-market trading Tuesday after Goldman Sachs lowered its rating on the company from “buy” to “neutral,” following the electric vehicle maker’s fourth-quarter 2025 results. The brokerage cited increasing losses and weaker outlooks for both sales volumes and margins as key reasons for the downgrade.Goldman Sachs also reduced its 12-month price target on Li Auto’s ADRs by 21% to $19 from $24. Its target for the company’s Hong Kong-listed shares was cut by 20% to HK$74 from HK$93.The bank said Li Auto is likely to experience “two quarters of widening net profit loss (1Q26-2Q26, lowest since 3Q22), with lackluster volume growth (-6%/+2% yoy) and depressed vehicle gross margins (5%/10%, lowest since 1Q20).”Goldman Sachs lowered its delivery forecasts for 2026–2028 by between 5% and 22%, pointing to softer guidance from management and a reduced pipeline of new vehicle models. The firm now expects only one facelift model to launch during the period, compared with three previously anticipated.The brokerage also trimmed its gross margin projections by 0.4 to 1 percentage points and reduced net profit forecasts by 21% to 34%.For the first quarter, Li Auto has indicated that vehicle margins will be around 5%, reflecting the impact of promotional campaigns, tax incentives and lower supplier rebates, each weighing on margins by roughly 3–4 basis points.Goldman Sachs also noted rising production costs, estimating that the bill-of-material cost for electric vehicles could increase by around RMB4,000 per unit on average.Management expects deliveries to grow about 20% year-on-year in 2026 and forecasts first-quarter shipments of between 85,000 and 90,000 vehicles. Goldman Sachs projects total deliveries of 476,000 units in 2026, representing growth of about 17%.Profitability is expected to remain under pressure. The brokerage estimates EBIT margins of negative 0.4% in 2026, compared with negative 0.5% in 2025. Margins are projected to average around negative 9% in the first half before recovering to roughly 5% in the second half of the year. Profit per vehicle is expected to decline to RMB5,400 from RMB5,900.Goldman Sachs also pointed to increasing operating expenses, forecasting research and development spending of roughly RMB12 billion in 2026, up from RMB11 billion in 2025.Li Auto ended 2025 with net cash of RMB92 billion and a total liabilities-to-assets ratio of 53%.Li Auto stock price
Original: Li Auto shares slip in pre-market after Goldman Sachs downgrade and margin concerns
BottomBounce
2年前
$LI Debt Total Debt (mrq) $13.55 Billions upon billions.
On March 21, Li Auto slashed its first-quarter delivery target to 76,000-78,000 vs. its Feb. 6 estimate of 100,000-103,000. With January deliveries of 31,165 and 20,151 in February, that implies Li Auto deliveries 24,584-26,584 in March vs. prior goals for about 50,000.
make it happen
2年前
41,000,000 renminbi = approx $5,000,000 USA
Only making 5 mil Vs. $40,000,000,000 billion Market Cap
With over $11,000,000,000 billion in debt
No way 5 mil in revenue will cover any of this
Monksdream
2年前
Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results
February 26 2024 - 03:30AM
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Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter and full year ended December 31, 2023.
Operating Highlights for the Fourth Quarter of 2023 and Full Year 2023
Total deliveries for the fourth quarter of 2023 were 131,805 vehicles, representing a 184.6% year-over-year increase.
Total deliveries for the full year 2023 reached 376,030 vehicles, representing an increase of 182.2% from 133,246 vehicles in 2022.
FY 2023 2023 Q4 2023 Q3 2023 Q2 2023 Q1
Deliveries 376,030 131,805 105,108 86,533 52,584
FY 2022 2022 Q4 2022 Q3 2022 Q2 2022 Q1
Deliveries 133,246 46,319 26,524 28,687 31,716
As of December 31, 2023, the Company had 467 retail stores covering 140 cities, as well as 360 servicing centers