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Today, ideal Motors issued a notice of delay in delivery of new cars under the influence of COVID-19. New cars originally scheduled to be delivered in February and March will be delayed, but ideal Automobile promises that the delivery time of new cars that have already been produced will be controlled within one month.

Ideal Motors said that due to epidemic prevention and control across the country and around the country, the production of various parts suppliers in the automobile industry has been affected to varying degrees, of which more than 10 per cent of the parts are produced by companies in Hubei, where the epidemic is the most affected. As a result, the ideal ONE, the first model of the ideal car, has also been affected, and production and delivery will be delayed.

For the specific delayed production and delivery time, ideal Automobile said that it will communicate with users before February 15 according to the supply situation after the supplier resumes work. Some of the vehicles that have completed production but have not been delivered before the Spring Festival will be delivered to customers one after another according to local work arrangements after February 10.

Ideal car, as a new power car company that delivered vehicles later, only started delivery in December last year, and the first batch of cars originally scheduled to be delivered in November last year were also due to the production of 2020 new models. Worried that customers would receive the old model and encounter the "Xiaopeng car rights incident", it was delayed for another month, and the delivery was not really completed until December.

Therefore, ideal car's first production model, ideal ONE, has been on sale for only two months, starting delivery on December 4, 2019 to the last day of the month, with a cumulative delivery volume of 1000 new cars. This result is relatively good in the new power, which is higher than many new power models that have been on the market for a long time, but as December is only the first delivery time for the ideal ONE, the backlog of orders is large, and January sales have not been announced, so the specific market performance can not be seen for the time being. According to ideal car founder Li Xiang, ideal car aims to sell 100000 cars in 2020.

Affected by the epidemic, it is not just ideal cars that have postponed production plans. so far, nearly 70% of automobile and parts companies have publicly announced postponement plans. including Toyota, Honda, Tesla, Ford, Xilai, Great Wall, BMW, Renault, Toyota, Ford, Qoros, SAIC General Motors, Volvo, Chery, Geely and many other car companies.

To this end, IHS Markit, a leading global provider of information, analysis and solutions, expects the outbreak to seriously affect the Chinese car market, with production expected to fall by 10 per cent in the first quarter of 2020.

According to IHS Markit's new judgment, with the outbreak of COVID-19, confirmed cases have appeared in many places around the world, and the disease has spread so rapidly that the factory may be closed for a long time, even until mid-March, which will reduce Chinese car production by more than 1.7 million vehicles, down 32 per cent from the same period last year.

As the largest single automobile market in the world, China has a very dominant position in the world and plays a very important role in the global market and global trade, so the risk of shutdown is very high. If the epidemic situation is not brought under control or continues to intensify, there is no doubt that the impact of the domestic factories and supply chains involved will be very large. In addition, a number of multinational car companies such as Volkswagen and Tesla, with China as the main market, will also suffer heavy losses this year.

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