Li Xiang, CEO of Ideal Auto, announced that it will launch a pure electric SUV in the first half of next year

Li Xiang, CEO of Ideal Auto, recently announced in a conference call that the company will launch a pure electric SUV in the first half of next year. He also mentioned that although the company faced multiple challenges in the first quarter of this year and its performance was lower than expected, the company has actively adjusted to improve internal operating efficiency and decision-making quality. In addition, Li Xiang said that Ideal Auto has no plans to reduce prices this year and will focus on gross profit margin indicators.