Li Auto cuts Q2 delivery forecast amid sales system upgrade
Investing.com -- Chinese electric vehicle maker Li Auto (NASDAQ:LI) on Friday reduced its vehicle delivery forecast for the second quarter of 2025.
The company now expects to deliver approximately 108,000 vehicles, down from its previous guidance of between 123,000 and 128,000 vehicles.
The revised forecast falls short of analyst expectations, as the average estimate was 124,739 units, according to Bloomberg Consensus data.
Li Auto attributed the guidance cut to a temporary impact from the company’s ongoing sales system upgrade.
The automaker stated that this upgrade is being implemented to support its long-term growth strategy.
Despite the reduced short-term outlook, Li Auto expressed confidence in completing its organizational upgrade before the launch of its new model, the Li i8.
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