XPeng Motors, Nio, and Li Auto have recently released their latest quarterly earnings reports. XPeng Motors reported Q3 revenue of RMB 20.38
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XPeng Motors, Nio, and Li Auto have recently released their latest quarterly earnings reports. XPeng Motors reported Q3 revenue of RMB 20.38 billion, representing a year-over-year increase of 102%, with a net loss of RMB 380 million, narrowing by 79% compared to the same period last year. Nio’s Q3 revenue reached RMB 21.79 billion, up 16.7% year-over-year, with a consolidated gross margin for the quarter at 13.9%, the highest in nearly three years. Meanwhile, Li Auto's Q3 revenue declined by 36% year-over-year, resulting in a net loss of RMB 624 million, with its Q4 guidance falling nearly 30% below expectations. Among these three leading new energy vehicle companies, which one do you favor? And whose post-earnings performance stands out?