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12 Dec
06:17

Li Auto reports widened net loss in Q3

Chinese automaker Li Auto released its performance for the third quarter of 2022. It reports the Q3 net loss to be about CNY 1.65 billion ($231.3 million), widened by about CNY 1.62 billion on-year and about CNY 1.022 billion on-quarter, Kallanish notes. In Q3 2022, Li Auto realised total revenues of about CNY 9.34 billion, an on-year increase of about 20.2% and an on-quarter increase of about 7%. The Q3 revenue was below the market expectation…
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