Li Bin: NIO Vehicles Gain Resale Value Over Time

Li Bin, founder of NIO, commented on the recent simultaneous rise in both transaction volume and prices of used vehicles from NIO and its sub-brand Onvo, stating that the increased sales volume may stem from a growing user base, while the price increase could be attributed to the vehicles' characteristic of maintaining better residual value over longer periods of use. He noted that this phenomenon is linked to NIO's battery swap system and its overall systemic innovation advantages.