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Ideal Auto Q2 2023 Earnings Release Revenue and Delivery Hit Quarterly Highs

On the evening of August 8, HKEx-listed Ideal Motors announced its second quarter 2023 results, with quarterly revenue reaching 286.500 million yuan, up 228.1%, 86,533 new cars were delivered to users during the same period, an increase of 201.6%, revenue and delivery are at record highs, and are expected to achieve annual profitability for new energy vehicle companies after Tesla and BYD.。

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