According to a research report published in Lyon, Ideal Auto's first-quarter results were in line with expectations. Sales increased 16% year-on-year, and automobile interest rates rose to 19.8%. Management revealed that Ideal i8 and i6 are expected to be released in July and September. Lyon expects the sales performance of the new models to be the next focus for investors. It is hoped that the i8 will use the latest self-developed VLA module to provide car owners with a top-level advanced assisted driving experience. The bank maintained its “outperforming the market” rating, and the target prices for ADR and H shares remained unchanged at $36 and HK$140.

According to a research report published in Lyon, Ideal Auto's first-quarter results were in line with expectations. Sales increased 16% year-on-year, and automobile interest rates rose to 19.8%. Management revealed that Ideal i8 and i6 are expected to be released in July and September. Lyon expects the sales performance of the new models to be the next focus for investors. It is hoped that the i8 will use the latest self-developed VLA module to provide car owners with a top-level advanced assisted driving experience. The bank maintained its “outperforming the market” rating, and the target prices for ADR and H shares remained unchanged at $36 and HK$140.