Li Auto Inc ADR

LI: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Li Auto Earnings: Vehicle Volume and Profit Missed; Growth Outlook Remains Unclear

Vincent Sun

Aug 29, 2025

Li Auto’s second-quarter revenue declined 5% year on year due to a drop in average vehicle price. The vehicle margin gained 68 basis points year on year thanks to cost-reduction efforts and low battery costs, while competition remained fierce.

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Li Auto Inc ADR

Li Auto Earnings: Vehicle Volume and Profit Missed; Growth Outlook Remains Unclear

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