LeDao L60/L90 Launch 7-Year 0.49% Low-Interest Financing, Starting at ¥69/Day

LeDao Auto recently launched a 7-year ultra-low-interest financing plan for its L60 and L90 models, with an annual percentage rate as low as 0.49%—the lowest in the industry, according to the company. Customers can opt for a down payment starting at 20%, with daily payments beginning at RMB 69. The offer includes no loan service fees and no penalty for early repayment. The promotion runs from February 1 to February 28, 2026. The quoted daily payment represents the average daily cost combining the bank loan installment and the battery rental fee, not the actual daily repayment amount. LeDao is a brand under NIO. In October 2025, it achieved its 100,000th vehicle delivery and has been actively advancing its battery-swapping station expansion and battery inventory doubling initiative, which was 91.36% complete as of January 24, 2026. Meanwhile, multiple automakers—including Tesla, Xiaomi, Li Auto, and XPeng—have also rolled out 7-year low-interest auto financing programs, intensifying competition in the market.