Ideal Automobile Plateau Rises Over 2%, Institutional View of Ideal i8 and i6 Sales Performance Optimistic, Company's Assistant Driving Ability Expected to Maintain Top Level in China

　　Glorun Aug. 4th｜Ideal Automobile (LI.US) rises 2.3% to $25.82. On the news front, Ideal Automobile recently launched the Ideal i8, priced at RMB 321,800 and above, with formal delivery starting on August 20th. Multiple institutions have released research reports indicating a positive outlook, including:

　　Wu Tai Securities (601688) points out that the Ideal i8 officially went on sale, with three configurations priced at RMB 321,800, RMB 349,800, and RMB 369,800. The Pro and Max versions have the same price as the L8 version's guidance price, while the Ultra version is cheaper than the L8 Ultra by RMB 10,000. The institution views the i8's VLA model, standard 5C fast charging, spacious and comfortable cabin experience positively, with optimistic sales performance expectations for both pure electric vehicles i8 and i6 (expected to be launched in September). After equipping the VLA model, the company's assistant driving ability is expected to maintain its top level in China.

　　Morgan Stanley also reiterates its positive view on Ideal Automobile and expects strong performance in the second half of the year. The institution notes that Ideal Automobile has launched its highly anticipated electric SUV i8 and announced prices ranging from RMB 321,800 to RMB 369,800. The institution believes the pricing is a pleasant surprise as it is lower than the previously disclosed pre-sale price by 8%. The entry-level model's price matches that of the L8's electric vehicle, but the high-end version is higher by approximately RMB 10,000 (Glorun).