On 1 September, Ideal Auto announced the delivery data for August 2021. Ideal Motor delivered 9,433 Ideal ONEs in August, an increase of 248% year-on-year in August 2020 and 9.8% from July 2021. In the first eight months of 2021, the total delivery volume of Ideal Cars reached 48,176, and the current cumulative delivery volume of Ideal ONE has reached 81,773.
Moreover, Ideal Motors is still increasing its potential. On 27 August 2021, Ideal Auto and Mianyang Xinchen Power Machinery Co., Ltd. signed an investment agreement. The two parties will establish a joint venture, “Sichuan Ideal Xinchen Technology Co., Ltd.”. The joint venture will develop and manufacture a new generation of a range extender for Ideal Automobile.
“From a medium to long-term perspective, we believe that intelligent extended-range electric vehicles will be a perfect alternative to fuel vehicles. The technical route of intelligent extended-range electric vehicles will also be one of ideal vehicles’ strategic core development directions. The joint venture will rely on both parties.” said Shen Yanan, co-founder, and president of Ideal Motors.
“The cooperation between Xinchen Power and Ideal Motors to enter the field of new energy vehicles and produce a new generation of range extenders for new energy vehicles is to take advantage of the general trend of new energy development. This signing will be a transformation and upgrade in the development history of Xinchen Power” said Wang Yunxian, general manager of Xinchen Power.
Ideal Motors will be the first to be equipped with a new range extender produced by the joint venture in the full-size smart luxury electric SUV model launched in 2022.
Author: KS | Source: Li Auto Inc.
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