According to the App, on September 28, Hangzhou Chezhihang Automobile Technology Co., Ltd. experienced industrial and commercial changes, and Li Xiang stepped down as the legal representative, executive director and general manager, and Xie Yan took over. The company was established in April 2022, with a registered capital of 250 million yuan, and its business scope includes big data services, artificial intelligence basic software development, artificial intelligence application software development, cloud computing equipment technology services, small and micro bus leasing and operation services, new energy vehicle sales, etc. It is wholly owned by Leading Ideal HK Limited, an affiliate of Ideal Motors.