NIO-SW(09866) subsidiary LeDao L60 officially launched, with a starting price of 206,900 yuan.

On the evening of September 19th, NIO-SW's subsidiary brand LeDao launched its first car L60. The standard range version of LeDao L60 starts at 206,900 yuan, while the long range version starts at 235,900 yuan. With the use of BaaS battery rental service, LeDao L60 starts at only 149,900 yuan. GMTEight believes that this price will further disrupt the already intense competition in the new energy vehicle market, marking NIO's entry into the mainstream market segment of 200,000 yuan through the LeDao brand, which is expected to increase sales and improve cash flow. LeDao L60 offers 7 body colors, 4 interior colors, and supports various customization options such as body color, wheels, dual motors, and 85-degree battery. Nationwide deliveries will begin on September 28th, and those who place orders before October 8th can become LeDao L60 founding users, receiving benefits worth 41,538 yuan such as 5 years of free use of NOA full-scene navigation assistance, and a 4+1 monthly fee for battery rental. LeDao L60 shares NIO's battery swapping system, with 3-minute automatic battery swapping service available upon delivery. It is reported that as of September 19th, LeDao has 304 available battery swapping stations; by the end of this year, there will be over 1,000 available stations, with more than 23,000 self-built charging posts and over 1 million third-party charging posts. By the end of 2025, there will be over 2,500 available battery swapping stations, achieving seamless battery swapping and charging connectivity in every county.