Ideal car: delivered 95,142 vehicles in the first quarter, a year-on-year increase of 2.5%.

Ideal Car announced its first quarter financial report for 2026, with a revenue of 23 billion yuan in the first quarter and 95,142 vehicles delivered, a year-on-year growth of 2.5%. For Ideal i6 users whose deliveries were delayed to the next year due to orders far exceeding expectations, Ideal Car proactively covered over 500 million yuan in additional purchase tax. As of the end of the first quarter, Ideal Car had cash reserves of 94.3 billion yuan, maintaining a fund size of around 100 billion yuan for 10 consecutive quarters. In addition, Ideal Car launched a $1 billion share buyback plan in March and quickly executed it. As of May 26, 2026, it had repurchased $139.7 million, completing approximately 14% of the total amount in just two months.