Fast technology June 3 news, NBD auto recently statistics in May Chinese auto market value list,Among them, BYD ranked first with a market value of 738.44 billion yuan, far ahead. Ideal Automobile overtook Great Wall Motor to take second place.

The data was shared by a blogger and retweeted by the CEO of Ideal Auto.

Judging from the list,In addition to BYD, Ideal and Great Wall, SAIC Motor, Changan Automobile, GaC Group, Nio, Geely, Xiaopeng and Celis made the top 10.

So far,Ideal Auto has seen the fastest growth among new power car companies, Posting a 26 per cent month-on-month increase in market value.

On June 1, 2023, Ideal Auto announced its May 2023 delivery data. In May 2023, Ideal Auto delivered 28,277 new cars, an increase of 146% over the same period last year.

This is also ideal car delivery over 20,000 units for three consecutive months, and ideal L7 delivery over 10,000 units for two consecutive months. As of May 31, 2023, the cumulative delivery of Ideal cars is 363,876 units.

“In May, Ideal Auto's operating revenue (including VAT) exceeded 10 billion yuan, which is the first time in the company's history to achieve a monthly revenue of 10 billion yuan"It also lays a solid foundation for exceeding the 100 billion yuan revenue target by 2023."

"The comprehensive upgrade of the organizational process has brought about the improvement of the overall operation capability of Ideal Automobile, and also made the operation quality and efficiency realize the spiral. Smart electric vehicles and organizational processes are the two most important products of Ideal Car." Said Li Xiang, chairman and CEO of Ideal Auto.

Data source: wind (Note: Data statistics as of May 31, 2023)