NIO's revenue in the second quarter reached 17.45 billion yuan, a year-on-year increase of 98.9%. The growth in revenue is mainly driven by the increase in sales volume. In the second quarter, NIO's sales reached 57373 units, a year-on-year increase of 143.9%, setting a new quarterly high.

Li Auto's revenue reached 31.7 billion yuan in the second quarter, up 10.6 percent year-on-year, while net profit fell 52.3 percent to 1.1 billion yuan, a year-on-year slump. Meanwhile, gross margin was recorded at 19.5%, down from 21.8% a year earlier and 20.6% in the first quarter of this year.

In the second quarter, total revenue at Station B reached 61.300 million yuan, up 16% year-on-year, slightly higher than the 60% that analysts had expected..9 billion yuan。Adjusted net loss 2.7.1 billion yuan, down 72% year-on-year, also better than analysts expected。

The earnings report showed that Xiaomi's total revenue for the second quarter reached 88.9 billion yuan, significantly higher than analysts' expectations of 85.8 billion yuan, recording a year-on-year increase of 32.0%. Adjusted net profit was 6.18 billion yuan, up 20.1 percent year-on-year, again above analysts' expectations of 4.8 billion yuan.

Xpeng's gross margin for the second quarter was 14%, the fourth consecutive quarterly increase, compared to -3.9% in the same period last year and 12.9% in the first quarter of this year. The company attributed the gross margin improvement to the realization of technology cost reductions as well as technology realization revenues from the Volkswagen strategic partnership.

According to the earnings report, Jingdong's gross margin in the second quarter surged 137 basis points year-on-year to 15.8 percent, the highest level on record, recording year-on-year improvement for nine consecutive quarters.