NIO announces that the price of Ledao L60 will be reduced

Li Bin, CEO of NIO, said that the pre-sale price of Ledao L60 is 219,900 yuan, which still has room for adjustment. He predicted that Ledao L60 has the opportunity to achieve a gross profit margin of 15% and break even when the monthly sales volume reaches 20,000 to 30,000 units.