乐道汽车沈斐：不跟风“大增程”，押注纯电+换电是长远更优选项

Core Viewpoint - The company, Ledao Automotive, emphasizes its commitment to pure electric and battery swapping systems over the increasingly popular range-extended electric vehicle (REEV) models, arguing that this approach offers better long-term value and user experience [1][2]. Group 1: Company Strategy - Ledao Automotive's president, Shen Fei, stated that the company will not follow the trend of large battery range-extended vehicles, instead focusing on a system that is "chargeable, swappable, and upgradable" [1]. - The company believes that the added weight and cost of range-extending systems do not provide a good user experience, especially given the significant increase in charging station availability over the past five to six years [1]. - The battery swapping model allows users to choose a battery of "reasonable capacity" and upgrade temporarily for long trips, which is seen as a more efficient use of funds [1]. Group 2: Battery Safety and Management - Approximately 90% of Ledao users rely on battery swapping and home charging, which reduces the risks associated with high charging rates [2]. - The battery swapping stations create a dynamic monitoring network that can detect battery issues and perform maintenance, providing a proactive management capability that fixed battery models cannot achieve [2]. Group 3: Market Performance and Challenges - Ledao's L90 model has been delivering over 10,000 units monthly, leading to a delay in the launch of the L80 model, which is now expected in the first half of next year [2]. - In November, Ledao delivered 11,794 vehicles, a 32% month-over-month decline, highlighting the challenge of increasing sales and brand awareness [3]. - The company faces multiple challenges, including the reduction of replacement subsidies, the introduction of new energy vehicle purchase taxes, and increased competition in the market [2][3].