[Li Auto Reports RMB 23 Billion Revenue in Q1, Maintains ~RMB 100 Billion Cash Reserves for 10 Consecutive Quarters]

Published: May 31, 2026 20:31

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Li Auto released its Q1 2026 financial report. Quarterly revenue reached RMB 23 billion, with cash reserves at RMB 94.3 billion by the end of the quarter, maintaining a leading position among new energy vehicle startups. The company delivered 95,142 vehicles in Q1, a 2.5% year-on-year increase, exceeding its guidance and ranking first among Chinese brands in the new energy vehicle market priced above RMB 200,000.

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