Ideal Auto to launch more reasonably priced MPV and sedan products

"When all existing SUV models, including extended-range SUVs, pure electric SUVs and other related models, are delivered, the annual revenue scale reaches 300 billion yuan, and the product coverage reaches a certain level, we will launch more appropriately priced MPVs and sedan products based on real market demand." Li Xiang, CEO of Ideal Auto, said in a first quarter 2025 earnings call on the evening of May 29.