Ideal Beijing Factory Invests 6 Billion Yuan to Create a New Smart Car Landscape

After a 6 billion yuan investment in renovation, Ideal Auto's factory in Beijing now has the capacity to produce 100,000 pure electric vehicles per year. It is expected that the factory's production capacity will be expanded to 800,000 vehicles by 2024. Ideal Auto hopes to improve its brand image and expand its market share through this model.