Ideal Auto President Ma Donghui: Try to digest external price increases within the company as much as possible.

date
12/03/2026
Ideal Motor CEO Ma Donghui stated in the fourth quarter and full year financial report conference call in 2025 that in response to the impact of the current rise in component prices, Ideal Motor will strengthen coordination with its supply partners and sign long-term LTA agreements with relevant suppliers to lock in prices or shares in advance. If there is a pricing adjustment mechanism, it will be strictly enforced according to the contract; if there is no pricing adjustment mechanism, Ideal Motor will share costs with suppliers. They will try to internally absorb the pressure of external price increases, including self-developed extenders and chips. "Ideal Motor will comprehensively consider component costs, user value, etc. to determine the prices of new models, and is confident that through a series of measures, the impact of raw materials can be controlled within a reasonable range," Ma Donghui said.