Li Xiang talked about "painful memories": the black PR all said that Ideal Auto went bankrupt, and lost nearly two billion in that quarter.

Tonight on the program "Ideal A Talk Season 2," Li Xiang, the CEO of Ideal Motors, spoke about his painful memories, saying: "There were too many, just as we were experiencing the happiness of Ideal L9, problems arose. All the negative PR on the internet claimed that Ideal Motors was going bankrupt. In one quarter, we lost nearly two billion, which was the biggest loss we had ever experienced. Suddenly, we went from the peak to the bottom, but the good thing is, as I said, we realized many of our shortcomings and then addressed them. However, it was because of this incident that our adjustments led to nearly three times growth in 2023, and we achieved a revenue of 120 billion."