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Chinese EV Makers Reportedly Pursue Tech Sales
x/volkswagen
— 20h
After a 1.7 billion yuan Q2 loss, Li Auto seeks outside buyers for its 1,280-TOPS Mach chips; Xpeng plans tech offers beyond VW as its IRON robot walks off the line.
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Maya Lindstrom
Xpeng letting its robot walk off the line shows real progress but offering tech to outsiders could help them recover faster than VW alone.
Li Auto Reports Q2 2026 Revenue RMB25.7B, Deliveries 98,330
Business
— Aug 24, 2026
Li Auto posted Q2 2026 totals of RMB25.7 billion in revenue and 98,330 deliveries, with gross margin at 11.0% and gross profit of RMB2.8 billion, while market attention centers on how new models like the Li L6 could offset a slowing China EV market and pricing pressure. Ahead of results, analysts expect a Q2 loss of about 0.01 per share on roughly RMB3.86 billion in revenue, with July deliveries signaling potential volume gains as investors weigh ongoing competition and profitability pressures.
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Pro-CCP Billionaire To Benefit From $208 Million Biden Admin Grant
Reporting
— Jul 23, 2024
A Chinese billionaire and senior Chinese Communist Party (CCP) member is set to benefit from a massive award recently approved by the Biden administration, the Washington Free Beacon reported. Chinese auto magnate Li…
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