At present, Ideal Auto has only one model, Ideal ONE, which adopts an extended-range powertrain and has a pure electric battery life of 180km. Prior to this, Ideal Motor announced that it intends to apply for the placement of 47 million ADSs, each representing two Class A ordinary shares of the company. The planned use of funds includes about 30% for the research and development of new generation electric vehicle technologies, including high-voltage platforms, high-C batteries and ultra-fast charging; about 20% for the development of the next BEV (Battery Electric Vehicle) platform and future models; approximately 20% is used for research and development of autonomous driving technologies and solutions; the balance is used for company general purposes.
This article comes from the author of Autohome and does not represent the viewpoint of Autohome.