The ideal car: Affected by the new crown epidemic in Malaysia, the vehicle delivery volume in the third quarter is reduced to 24,500 vehicles

Securities Times e company news, Ideal Auto announced at night that due to the impact of the new crown epidemic in Malaysia, the production of special chips used by Ideal Auto’s millimeter-wave radar supplier has been severely reduced. As the supply of the chip has returned less than expected, the company now expects its vehicle deliveries in the third quarter of 2021 to be approximately 24,500 vehicles. This outlook updates the company’s previous delivery forecast of 25,000 to 26,000 vehicles. The company will continue to monitor ongoing market conditions and maintain close cooperation with its supply chain partners to minimize the impact of chip shortages on its production.