Le Dao restarts the development of two new cars.

Le Dao Motors is developing a sedan and an SUV, targeting the 200,000 yuan market. Insiders close to the project told us that the sedan is aimed at small family users while also considering commercial scenarios. These two models were already planned before but were temporarily suspended during NIO's CBU reform at the beginning of last year, and development resumed at the end of August last year. Additionally, Le Dao does not rule out introducing new models in the mass market according to market conditions. In response to the above information, we have reached out to NIO for confirmation, but as of the time of writing, we have not received a response.