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On March 14th, Southern Finance confirmed from NIO Chairman Li Bin and NIO co-founder Qin Lihong that NIO's second brand is named "Ledo" and its English name is "ONVO". "The brand name of Ledao has been leaked and is not officially released," Qin Lihong told reporters. The new brand will be officially released in mid to early May. (Daily Economic News)
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