Futu News reported on August 6 that as of press release, Ideal Auto's increase had expanded to 12%, to 18.765 US dollars, with a market value of 15.694 billion US dollars. Wall Street investment bank Bernstein gave Ideal Auto an “outperform the market” rating for the first time, with a target price of $21.

As of press release, NIO fell 2.59% to $13.56, with a market capitalization of US$16.061.3 billion.

In the second quarter of 2020, Ideal Auto delivered a total of 6,604 Ideal ONEs, an increase of 128% over 2,896 vehicles in the first quarter. As of June 30, 2020, Ideal Auto has 21 retail stores, 18 delivery centers and 17 service centers across the country, and has more than 700 sales and service personnel.

Ideal Auto's net revenue in Q2 was 1.9 billion yuan, up 128.6% from 850 million yuan in the first quarter; gross margin increased further to 13.3% from 8.0% in the first quarter; net loss fell slightly to 75.2 million yuan from 77.1 million yuan in the first quarter.