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Nio’s Onvo Tops China EV Resale Rankings as L90 Hits Used Market
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Nio’s Onvo Tops China EV Resale Rankings as L90 Hits Used Market
Onvo ranked first among new energy vehicle (NEV) brands in China for resale value retention in May, recording an 81.5% rate that edged out Aito, Xiaomi, and Li Auto. In a monthly study released on Monday, Nio Inc.‘s family-oriented sub-brand reached a new monthly high in residual value — which climbed from 80.9% in March and 80.7% in April to take the top spot. Seres Group’s Aito followed at 81.3%, while Tesla posted 80.7%, Li Auto 80.2% and Xia…
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