Energy · 28 views
Chinese NEV Resale Value Surges 30%, Volume Up 29%
Chinese NEV (BEV and PHEV) resale values are up 30%, with Chinese media noting specific rises for BYD, Nio and Denza brands. Sales volume is also up 29% as more EVs become available on the used market.
Summary
Chinese NEV (BEV and PHEV) resale values are up 30%, with Chinese media noting specific rises for BYD, Nio and Denza brands. Sales volume is also up 29% as more EVs become available on the used market. Used car dealers report scrambling to buy NEVs to resell. Meanwhile used gasoline car prices have plummeted in China.
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