Comparison of financial data for NIO, XPeng, and Li Auto in ...

Comparison of financial data for NIO, XPeng, and Li Auto in Q3:
- Per-vehicle revenue: NIO 314,100 CNY, Li Auto 319,900 CNY, XPeng 196,000 CNY.
- Vehicle gross margin: NIO 11%, Li Auto 21.2%, XPeng -6.1% (including a 2.9 percentage point impairment on G3i inventory).
- Total revenue: NIO 19.07 billion CNY, Li Auto 34.68 billion CNY, XPeng 8.53 billion CNY.
- Research and development expenses: NIO 3.04 billion CNY, Li Auto 2.82 billion CNY, XPeng 1.31 billion CNY.
- Research and development expense ratio: NIO 15.9%, Li Auto 8.1%, XPeng 15.3%.
- Sales and management expenses: NIO 3.61 billion CNY, Li Auto 2.54 billion CNY, XPeng 1.69 billion CNY.
- Sales and management expense ratio: NIO 18.9%, Li Auto 7.3%, XPeng 19.8%.
- Cash reserves: NIO 45.2 billion CNY, Li Auto 88.52 billion CNY, XPeng 36.48 billion CNY.