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Li Xiang, founder of Automobile House, chose to start a business again after leaving Auto House. In addition to investing in Ulai Automobile, Li Xiang also set up a new power car manufacturer, ideal Automobile. After four years, ideal ONE, the first model of ideal car, was put into production.

The ideal ONE 2020 model was mass-produced at the ideal car base in Changzhou on Nov. 20, and officials said the new car will start mass delivery across the country in early December, with only one equipped model priced at 328000 yuan after subsidy.

Ideal car claims "urban electricity, long-distance fuel, pure electric drive", because the ideal ONE is an add-on hybrid vehicle with a 1.2T displacement three-cylinder booster, which consumes gasoline only for power generation, and is equipped with a battery pack with 37.2kWh power consumption, integrated NEDC mileage 800km. In terms of power, the car uses front and rear double motors, with a comprehensive maximum output of 326 horsepower, a maximum torque of 530 Nm, and an acceleration of 0-100 km / h for about 6.5 seconds.

Ideal ONE positioning in large SUV, providing six-seat version and seven-seat version, the biggest highlight of the interior is equipped with four large screens, which can achieve "four-screen interaction" function, while equipped with L2 self-driving assistance. At present, ideal car has built retail centers and delivery and maintenance centers in 13 cities across the country.

Ideal car is a new energy car company founded by Li Xiang in July 2015. the company was named "car and Home" earlier and changed its name to ideal car in March 2019. The company hopes to build a new energy vehicle with "no mileage anxiety", so it adopts an incremental hybrid scheme.

Ideal car through the acquisition of Lifan passenger car qualification, so as to obtain production qualification. In August 2019, ideal Motor announced the completion of $530 million in round C financing, led by Wang Xing, founder of Meituan, which valued the ideal car at about $2.93 billion. So far, the cumulative financing amount of ideal car has reached 1.575 billion US dollars.

In addition, according to the news, ideal Automobile has started the listing of US stocks in 2020. Li Xiang also said earlier that IPO is a natural thing.

In view of the current development of the new car-building forces, Li Xiang also expressed his views, saying that the remaining financing window for the new car-building forces will not exceed one year, and a large number of enterprises will be eliminated within a year, and 90% of the investors will suffer heavy losses.

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