Jiwei Network News (Wen/Lin Xueying) On May 10, Ideal Auto announced its 2022 Q1 performance report, pointing out that the delivery volume of Ideal ONE in the first quarter of 2022 was 31,716 units, an increase of 152.1% year-on-year. Revenue for the first quarter of 2022 was RMB9.56 billion, an increase of 167.5% year-on-year, and gross profit for the first quarter of 2022 was RMB2.16 billion, an increase of 250.9% year-on-year.
Ideal Auto is an innovator in China's new energy vehicle market, focusing on the design, development, manufacturing and sales of luxury intelligent electric vehicles. The mission of Ideal Car is to create a mobile home, to create a happy home. Through the innovation of products, technologies and business models, we provide safe, convenient and comfortable products and services for home users. In China, Ideal Cars is a pioneer in the successful commercialization of extended-program electric vehicles.
Ideal Said it plans to launch its second model in the second quarter. This is a full-size luxury program electric SUV equipped with the next-generation program electric power system and new smart cockpit and intelligent driving technology, which will further enhance the driving experience of home users. We will continue to develop all-electric models that can support ultra-fast charging, providing users with a superior experience in terms of charging time.
In addition, given that the continued accelerated development of the new energy vehicle industry may exceed the capacity expansion of supply chain partners, the new energy vehicle supply chain may face long-term, industry-wide challenges that affect the supply of chips, batteries and other potential auto parts. Looking ahead, Ideal Will continue to work closely with supply chain partners to mitigate supply chain risks.
(Proofreading/Andy)