NIO's 500,000th mass-produced car rolls off the assembly line, and the launch date of the Ledao brand is confirmed

On May 9, 2024, NIO successfully rolled off the 500,000th mass-produced vehicle, the new ES8, at the Xinqiao Intelligent Electric Vehicle Industrial Park in Hefei, Anhui. At the same time, NIO announced that the Ledao brand will be launched on May 15. The first Ledao L60 model will compete with Tesla Model Y, focusing on the 250,000-level household smart pure electric SUV market. It is expected to be launched in the third quarter of this year and deliveries will begin in the fourth quarter.