The Zhitong Finance App learned that Ideal Automobile-W (02015) rose more than 4% in the afternoon, with a cumulative increase of nearly 30% during the month. As of press release, it rose 4.28% to HK$136.4, with a turnover of HK$724 million.

According to the news, according to Ideal Auto's official blog, Ideal Auto sold 70,000 vehicles each week during the Spring Festival, leading the new forces. In the 6th to 7th week of 2024 (2.5-2.18), Ideal Auto sold 70,000 units every week, ranking first in the sales list of new power brands. As of February 18, sales have reached 101,000 units this month.

Huaxin Securities pointed out that Ideal L6 was launched in April this year, challenging the monthly sales target of 30,000 units; the new Ideal L7/L8/L9 is expected to be launched in March this year, mainly in terms of battery; in addition to Ideal L6 and Ideal MEGA, which will be launched in the first half of the year, Ideal will also launch 3 pure electric models. The bank believes that the ideal pure electric model to be released in the second half of the year will be similar to the layout of existing models, and the positioning will still be biased towards the middle and high-end, or will include sedan models. The release of Ideal L6, MEGA, and pure electric models will further improve the ideal product matrix and help it achieve the annual sales target of 800,000 vehicles.