romanoskyroulette| NIO: The milestone of 500,000 vehicles production has been reached in 6 years, and the new brand Le Tao has been unveiled

Newsletter summary

Weilai unveiled the 500,000 mass-produced new cars in the second factory in Hefei and the brand-new ES8. The company has invested more than 43 billion yuan in research and development, and launched a new brand Lodao for family users, focusing on 20-300000 yuan intelligent pure electricity market.

Text of news flash

Lulai Automobile is welcomed at the second factory of Xinqiao Intelligent Electric vehicle Industrial Park in Hefei.RomanoskyrouletteThe 500,000 production car, that is, the new ES8 model. This milestone marks the leap from zero to 500,000 vehicles in just six years, showing its strong growth momentum in China's electric vehicle market. Li Bin, founder and chairman of Lulai Motor, issued a statement on International Family Day, thanking 500000 users for their long-term support and emphasizing that Weilai's high-end brand position has been firmly established. Li Bin also revealed that the company will launch its second brand, Ledao, on May 15, to further expand its market share. [Li Bin thanks users for their support, Ledao, the second brand of Ledao, will be unveiled soon] the continuous investment of Ledao Automobile in the field of research and development has exceeded 43 billion yuan, accumulating 12 full-stack technologies and four core technologies. The products independently developed by the company include lidar main control chip, vehicle gauge level intelligent driving chip, intelligent chassis system and vehicle global operating system, etc. [Weilai has invested more than 43 billion in R & D and achieved fruitful results in self-research technology] GAC GROUP and Weilai signed a strategic cooperation agreement on recharging power, expanding the "power exchange alliance" of Weilai to seven. The seven auto companies, including Changan Automobile, Geely Holdings, Chery Automobile, Jiangqi Group, Lutes and so on, jointly promote the development of recharging technology with Weilai. [GAC GROUP joined the Weilai Power Exchange Alliance, expanding to seven.] Qin Lihong, a senior executive of Ledao Automobile, expressed his appreciation for the maturity of Ledao's new brand. Ledao is for home users and focuses on providing intelligent pure electric cars ranging from 200000 yuan to 300000 yuan. The launch of the new brand indicates that Ulai will open a new stage of development, from 1 to 10, from 1 to 100. [Ledao brand focuses on home users, Weilai has entered a new stage of development] according to Weilai's plan, the new car will be delivered with high-speed NOA and urban NOA services, and users will be able to use the third and fourth generation power stations within one year. Ledao also plans to expand the Ledao brand to 200 stores covering 68 cities by the end of 2024, and plans to fully access the service network of the Ledao brand (NIO). [the new Ledao brand car will provide high-speed NOA service, and the service network will be fully connected to Ledao resources]