Li Xiang: Ideal Auto will not produce models below 200,000 yuan in the next five years

Li Xiang, CEO of Ideal Auto, said that in the next five years, Ideal Auto will not launch models below 200,000 yuan. He predicted that by 2030, Ideal Auto only needs to occupy one-third of the market share of Chinese family users with a price of more than 200,000 yuan to achieve a revenue of more than one trillion yuan.