Ideal Auto's pure electric model MEGA is not well received, CEO Li Xiang adjusts product strategy

Li Xiang, CEO of Ideal Auto, said in a conference call that due to the poor market response to the pure electric model MEGA, the company will adjust its product strategy and will not release pure electric SUV products this year, but postpone it to the first half of next year. This decision may be made to cope with the current market challenges and improve the company's financial situation.