During the Q1 2025 earnings call on June 3, Li Bin, the founder of NIO, shared that the order volume for the Ludo brand has been steadily on the rise since late April, with deliveries in May surging by over 40% compared to the previous month. Li Bin expressed confidence in the Ludo L60 achieving a monthly sales target of 10,000 units once again. He also noted that the L90 is poised to revolutionize the three-row SUV market. Furthermore, the L80 is anticipated to be launched and delivered in the fourth quarter. Li Bin hopes that the combined monthly sales of the three Ludo models will reach 25,000 units by the fourth quarter.
