Revenue of $2.65B, or RMB19,008.7 million, representing an increase of 9.0% Y/Y.
Net loss was RMB4,994.8 million (US$697.2 million) in the second quarter of 2025, representing a decrease of 1.0% Y/Y.
Vehicle sales were RMB16,136.1 million (US$2,252.5 million) in the second quarter of 2025, representing an increase of 2.9% from the second quarter of 2024 and an increase of 62.3% from the first quarter of 2025.
Gross margin was 10.0% in the second quarter of 2025, compared with 9.7% last year.
Q3 Outlook: Deliveries of vehicles to be between 87,000 and 91,000 vehicles, representing an increase of approximately 40.7% to 47.1% from the same quarter of 2024.
Total revenues to be between RMB21,812 million (US$3,045 million) and RMB22,876 million (US$3,193 million), representing an increase of approximately 16.8% to 22.5% from the same quarter of 2024.
