Wednesday, August 26, 2026
Li Auto posts Q2 loss, sets September 2 for next-gen Mega
Li Auto reported Q2 2026 revenue of RMB25.7 billion ($3.8 billion) on deliveries of 98,330 vehicles, down 11.5% year over year, with a net loss of RMB1.7 billion as vehicle margin fell to 9.4% from 19.4% a year earlier and cash reserves declined to RMB87.5 billion. The company guided Q3 2026 deliveries of 95,000 to 100,000 units and said it will launch the next-generation Li Mega, its flagship electric MPV, on September 2 with an upgraded cabin and smart-driving hardware aimed at reviving demand that has fallen sharply since the model's 2024 debut.
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