Li Xiang: The location selection in Beijing is the most important choice.

Ideal Car's headquarters is located in Shunyi District, Beijing. During the "Vibrant China Research Trip" themed interview activity in Beijing, Ideal Car's Chairman and CEO Li Xiang stated that Beijing not only possesses a leading talent pool for electrification, intelligence, and software, but also has a very comprehensive policy support system. Ideal Car has an important production base in Beijing, and the Beijing municipal government attaches great importance to the development of the new energy vehicle industry, introducing a series of supportive policies to provide a good development environment for Ideal Car and other new energy vehicle companies. Therefore, choosing Beijing as the location for Ideal Car is the most important choice.