ULAI GROUP OFFICIALLY UNVEILED ITS NEW BRAND OF LAKEDAO CARS AND ITS FIRST FAMILY SMART ELECTRIC MID-SIZE SUV L60 UNDER THE FLAG OF SHANGHAI ON MAY 16, 2024 AT THE DOME ART CENTER ON THE WEST COAST, AND OPENED RESERVATIONS. With the brand's mission of “making life better for families”, LeDao Motor relies on the advantages of technology R&D and supply chains to propose the product concept of “Joyous at home, the owners have the right”. Featuring a 900V high voltage architecture, low wind resistance design and intelligent driving technology, the L60 will share the leading NIO Power energy service system. The pre-sale price of the model is RMB21.99 million and is planned to be officially launched in September of the same year. ULAI HAS BEEN ENGAGED IN THE INNOVATION AND DEVELOPMENT OF HIGH-END SMART ELECTRIC VEHICLES SINCE 2014 AND IS LISTED ON THE NEW YORK STOCK EXCHANGE, HKEX AND NEW STOCK EXCHANGES.

ULAI GROUP OFFICIALLY UNVEILED ITS NEW BRAND OF LAKEDAO CARS AND ITS FIRST FAMILY SMART ELECTRIC MID-SIZE SUV L60 UNDER THE FLAG OF SHANGHAI ON MAY 16, 2024 AT THE DOME ART CENTER ON THE WEST COAST, AND OPENED RESERVATIONS. With the brand's mission of “making life better for families”, LeDao Motor relies on the advantages of technology R&D and supply chains to propose the product concept of “Joyous at home, the owners have the right”. Featuring a 900V high voltage architecture, low wind resistance design and intelligent driving technology, the L60 will share the leading NIO Power energy service system. The pre-sale price of the model is RMB21.99 million and is planned to be officially launched in September of the same year. ULAI HAS BEEN ENGAGED IN THE INNOVATION AND DEVELOPMENT OF HIGH-END SMART ELECTRIC VEHICLES SINCE 2014 AND IS LISTED ON THE NEW YORK STOCK EXCHANGE, HKEX AND NEW STOCK EXCHANGES.