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Li Xiang: Building Cars for Oneself and Users, Not for Capital

Wang Lve Sat, Apr 20 2024 10:05 AM EST

On April 18th, at the grand launch event of the Ideal L6, Li Xiang confessed that before the launch of the Ideal ONE, their insistence on extended-range technology did not receive widespread recognition from the capital market and media.

Some investors even explicitly stated that if the extended-range technology were converted to pure electric drive, they would unhesitatingly provide financial support for Ideal cars.

However, Li Xiang stated, "I want to build cars for myself and users, not for capital."

He emphasized that extended-range models combine the advantages of traditional fuel cars and pure electric vehicles, addressing the pain point of short electric vehicle range while reducing users' reliance on charging stations.

Therefore, he resolutely chose to continue deepening the development path of extended-range models. S47675813-13f2-4f81-8ec4-31c6275c32fa.jpg