Sunwoda

Li Auto, Sunwoda Signal China EV’s Next Phase

Sunwoda’s H1 2026 results and Li Auto’s latest earnings commentary show how China’s EV industry is shifting from pure sales growth to battery control, cost discipline, and global expansion. Sunwoda posted RMB 38.18 billion in revenue with EV battery shipments up 76.37%, while Li Auto said it will not pass rising battery and chip costs to consumers and still targets a 15%-20% long-term gross margin.