理想汽车方面表示，季度营收创历史新高，主要得益于理想L6的热销以及30万元以上产品AD Max车型销量占比持续增长。公开数据显示，理想汽车2024年第三季度交付152831辆，同比增长45.4%。今年10月，理想汽车第100万辆整车——理想L9在常州工厂下线，从2019年11月首台理想ONE下线以来，理想汽车通过58个月，成为造车新势力中首个达成百万辆成就的企业。Li Auto Inc., which has maintained quarterly profitability, once again handed in a performance report that exceeded market expectations.
On October 31, $Li Auto (LI.US)$ announced the financial report for the third quarter of 2024. The report shows that in the third quarter of this year, Li Auto Inc.'s quarterly revenue reached 42.9 billion yuan, a year-on-year increase of 23.6%; quarterly net income reached 2.8 billion yuan, profitable for eight consecutive quarters.
However, in the pre-market trading of US stocks, Li Auto Inc.'s stock price plummeted by over 5%.
Li Auto Inc. stated that the quarterly revenue hit a record high, mainly due to the strong sales of the Li ONE and the continuous increase in the proportion of sales of products priced above 0.3 million yuan, such as the AD Max model. Public data shows that Li Auto Inc. delivered 152,831 vehicles in the third quarter of 2024, an increase of 45.4% year-on-year. In October this year, Li Auto Inc. rolled off its 1 millionth complete vehicle - the Li ONE, at its Changzhou factory. Since the first Li ONE rolled off the line in November 2019, Li Auto Inc. has become the first enterprise among new forces in vehicle manufacturing to achieve the milestone of one million vehicles in 58 months.
In terms of cash flow, in the third quarter of 2024, Li Auto Inc.'s operating cash flow was 11 billion yuan, with cash reserves reaching 106.5 billion yuan.
Li Auto Inc. believes that with a hundred billion yuan in hand and a strong self-generating capability, the company can ensure sustained investment in the research and development of new technologies and products.
According to the financial report, in the first three quarters of 2024, li auto inc's accumulated R&D expenses reached 8.66 billion yuan, a year-on-year increase of 22.1%. In the third quarter, li auto inc's single quarter R&D expenses were 2.6 billion yuan. It is reported that in the past year, li auto inc has accumulated R&D investment exceeding 12 billion yuan, a significant year-on-year increase. In the areas of asia vets driving, asia vets space, asia vets electric and high-end chassis, li auto inc adheres to self-developed core technologies, and is committed to maximizing the application of technological achievements through platform-based R&D.
In addition, li auto inc is also expanding the application of AI large models and siasun robot&automation in the R&D process, thereby continuously improving R&D efficiency and quality.
It is reported that from July to October, li auto inc has pushed five versions of system upgrades, OTA 6.0, OTA 6.1, OTA 6.2, OTA 6.3, and OTA 6.4, to users, achieving a leap in product strength. In addition, in terms of asia vets driving, li auto inc's self-developed end-to-end + VLM dual-system asia vets driving solution has been pushed to all AD Max vehicle users. Li auto inc determines that this marks the company's asia vets driving officially entering the era of AI large models. Going forward, li auto inc will accelerate to achieve its vision goal of becoming a global leader in ai technology companies by 2030.
Looking ahead to the fourth quarter, li auto inc's quarterly delivery volume is expected to reach 0.16 million to 0.17 million vehicles, a year-on-year increase of 21.4% to 29.0%; quarterly revenue is expected to reach 43.2 billion yuan to 45.9 billion yuan, a year-on-year increase of 3.5% to 10.0%.
Editor/rice
