Lyon: Ideal Motors-W (02015.HK) entering the BEV market can expand its product portfolio. It is expected that future BEV models will further boost sales volume.

Wisdom Finance APP learned that according to the report released by Lyon, the Ideal Car-W(02015.HK)i8 officially launched on July 29th, with prices for the three models at 321,800 yuan, 349,800 yuan, and 369,800 yuan respectively, which are slightly lower than the initially presale price range of 350,000 to 450,000 yuan. The reason for the price reduction may be the increasingly fierce competition in the SUV market. As of noon on July 30th, the company has not yet released a report on the order quantity, causing doubts in the market about the outlook for orders. Lyon believes that entering the BEV market is a challenge for Ideal, but this move can expand its product portfolio, and expects future BEV models like the i6 to further boost sales.