Editorial photo #11031786 Economy, Business and Finance
An Li Auto Store in Hangzhou
Customers are looking at electric cars at a Li Auto store in Hangzhou, East China's Zhejiang province, on February 27, 2024. On the evening of February 26, Ideal Automobile released its annual financial report, revealing that the revenue of Ideal Automobile in 2023 was 123.85 billion yuan, marking an increase of 173.5%. The net profit reached 11.81 billion yuan, and the gross profit margin for the year was 22.2%, making it the first new power car enterprise in China to achieve an annual profit. (Photo by Costfoto/NurPhoto)
