On the evening of September 19th, NIO's Ledao brand held a press conference to announce the official launch of its first model for the mainstream home market, the Ledao L60, positioned as a mid size SUV. It is reported that this car is benchmarked against Tesla Model Y, with a starting price of 206900 yuan for the entire vehicle, which is 219900 yuan lower than the pre-sale price. If purchased by renting batteries, the starting price for the entire vehicle is 149900 yuan. It is worth noting that NIO CEO Li Bin did not appear, and the press conference was hosted by NIO Senior Vice President and Ledao Automotive President Ai Tiecheng.