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On January 1, 2024, Ideal Automobile announced its delivery data for December 2023. In December 2023, Ideal Automobile delivered 50353 new vehicles, a year-on-year increase of 137.1%, successfully achieving the goal of delivering 50000 vehicles per month. In the fourth quarter of 2023, a total of 131805 vehicles were delivered, a year-on-year increase of 184.6%. In 2023, a total of 376030 vehicles were delivered, a year-on-year increase of 182.2%.
As of December 31, 2023, the cumulative delivery volume of Ideal Automobile has exceeded 600000 units, making it the highest delivery volume among Chinese new energy vehicle companies.
In just the past December, we successfully achieved our goal of delivering 50000 vehicles per month and 376000 new vehicles throughout the year. This is the first time in the history of Chinese new power car companies that they have crossed the milestone of 300000 vehicles per year. Starting from June this year, Ideal Automobile's SUV sales have surpassed BBA, becoming the luxury car brand with the highest SUV sales in the Chinese market. With the support and recognition of over 600000 users, we continue to promote Ideal Automobile's products Deepening research and development in areas such as platforms and systems. Since its delivery, the Ideal L series has completed over 20 OTA upgrades, especially with the official launch of OTA 5.0 in December, which added 145 new features and optimized 100 experiences, achieving a comprehensive evolution of intelligent driving and intelligent space. Looking ahead to 2024, we will continue to challenge the limits of growth and strive to become the best-selling luxury brand in the Chinese market Li Xiang, Chairman and CEO of Ideal Automobile, said.
As of December 31, 2023, Ideal Automobile has 467 retail centers nationwide, covering 140 cities; 360 after-sales repair centers and authorized sheet metal spray centers covering 209 cities.
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