$LI

Li Auto reported delivering 31,817 vehicles in September 2026, bringing its year-to-date total to 1,833,651 units. Analysts discuss whether this delivery momentum supports the company's investment in AI and intelligent driving systems, with revenue and earnings forecasts for 2029 ranging from CN¥120.8b to CN¥161.2b and CN¥3.7b to CN¥5.9b, respectively. The company's ability to manage heavy R&D and capex remains a key risk factor.

12 listed automakers reported overseas sales accounting for over 35% of their totals, with Chery Automobile (09973.HK) at 70.3%. All missed annual targets, with completion rates below 67%. SAIC Motor (600104.SS) led sales, while BYD (002594.SZ) saw a 3.94% decline. Leapmotor (09863.HK) grew fastest, while Li Auto (02015.HK) underperformed. Industry faces price wars and overseas expansion challenges.

Li Auto Inc. (LI) shares fell 3.69% to a 52-week low of $10.71 on Friday. The decline follows September delivery data showing a 6.28% year-over-year drop, though Q3 deliveries rose 7.24%. The company expanded its product lineup and infrastructure, launching new models and updating autonomous driving software.

Chinese EV makers reported slower September sales growth, with BYD, Leapmotor, NIO, XPeng, and Li Auto showing deceleration. Geely and Xiaomi saw gains. Nomura cited weaker demand. Shares fell, except for Geely and NIO, which rose. BYD's sales grew 17% YoY, down from prior months.

Li Auto's Hong Kong shares fell 4% to a record low of HK$43.02 after reporting a 6.3% year-on-year decline in September deliveries to 31,817 vehicles, despite launching new models. The company faces stiff competition and slowing domestic demand, prompting expansion into foreign markets. The broader Hong Kong market also declined.

Li Auto (2015.HK) delivered 31,817 vehicles in September 2026, reaching a cumulative total of 1,833,651 units. The company launched new models and expanded its charging network, with plans to enter the European market and launch the Li i6 in October. Li Auto operates 485 retail centers and 4,188 supercharging stations in China.

Chinese automakers reported mixed September 2026 delivery results. Leapmotor (9863) and Zeekr set records, while Xiaomi (1810) topped 40,000 deliveries. Nio (NIO) and Xpeng (XPEV) met Q3 guidance, but Li Auto (LI) and Huawei's HIMA saw declines. Leapmotor delivered 105,656 vehicles, Zeekr 37,216, Nio 37,408, Xpeng 41,256, and Li Auto 31,817.

Li Auto (LI) reported September 2026 deliveries of 31,817 units, down 6.28% YoY and 15.56% MoM. The company is expanding its product lineup and retail footprint. Its P/S ratio is 0.79, below historical and industry averages, reflecting market skepticism. The GF Score™ is 71, indicating mixed financial health. Institutional investors are trimming positions, and insider activity is absent.

Li Auto delivered 31,817 vehicles in September, a 6.29% year-on-year decline, but Q3 deliveries rose 7.24% year-on-year to 99,964. The company launched new models and updated its driver-assistance system. Cumulative deliveries reached 1,833,651 as of September 30, according to the company.

Li Auto Inc. reported 31,817 vehicle deliveries in September 2026, bringing its cumulative total to 1,833,651. The company launched new models and expanded its charging infrastructure. It plans to debut in Europe and introduce the Li i6. As of September 30, 2026, Li Auto operated 485 retail stores and 4,188 super charging stations in China.