01
sales
The ideal for 2023 seems to have started, with 10 months of continuous sales growth, exceeding not only the expectations of investors, but also the ideal official expectations.
Q3 sold 10,508 units, up 296% year on year and 21.5% month-on-month, exceeding the upper limit of the Q3 financial reporting guidelines of 103,000 units.
Q3 guidelines:
Sales volume guidelines: 125,000 to 128,000, a year-on-year increase of 170%-176%.
Revenue guidelines: $38.46 billion to $39.38 billion, up 118%-123% year on year.
The guidelines continue to be conservative, also to lower investors' expectations, and then the financial report exceeds expectations. It is an ideal and consistent practice. I personally expect sales of around 130,000 units in Q4.
02
infrastructures
Retail Centers:
As of the end of October, there were 372 retail centers, and 41 stores were opened in the last 4 months. The average goal of opening 400 stores this year is not a big problem.
Charging:
By the end of October, 119 5C overcharging stations have been launched, covering 35 cities, and the estimated number of charging stations is around 476. The target for this year is 300 seats. The pressure is high.
The target for the year 25 is 3,000, including 1,000 highways and 2,000 cities.
03
revenues
Q3:
Quarterly revenue was 34.68 billion yuan, up 271.2% year on year and 21% month on month. Vehicle sales revenue continued to remain around 97%, and the average bicycle price was 319,800, down from Q2, related to price reduction subsidies. Q3 L8...