According to reports from IT Home on February 21, Ideal Automobile's Beijing factory is scheduled to achieve large-scale production this March, with a sales target of 800,000 vehicles in 2024, projecting revenues exceeding 200 billion CNY.
Based on previously released information, Ideal Automobile's Beijing Green Intelligent Manufacturing Base project has a total investment of over 6 billion CNY, with the first phase set to achieve an annual production capacity of 100,000 pure electric vehicles.
It is understood that as early as August last year, Ideal Automobile's Beijing factory completed all construction work and initiated trial production.
With the launch of Ideal's first pure electric vehicle model, MEGA, scheduled for March 1st, Ideal Automobile's Beijing factory will also achieve mass production.
Ideal Automobile stated that by 2025, its product lineup will include a flagship model, five extended-range electric vehicle models, and five pure electric vehicle models.
