Used Car
Nio offers service to facilitate owners to sell their vehicles directly to others
In addition to acquiring Nio vehicles and selling them, Nio has begun offering a service to facilitate users to sell their vehicles directly to others.
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Tesla sells used cars at higher prices than new cars on its China website
Tesla's Chinese website sells a used Model 3 as well as a used Model Y for a price higher than the price of a new car with the same specifications.
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Nio to open its second used car store on Feb 26
Nio will open another used car store in Guangzhou on February 26, the second after its Hangzhou store and its first in southern China.
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Used Tesla Model Y selling for more than initial purchase price in China
The vast majority of Tesla Model Y vehicles for sale on multiple online used car trading platforms in China are priced above RMB 300,000 ($47,000).
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Nio makes major upgrade to its used car business, opens first exclusive showroom
Nio has opened its first offline used car experience store in Hangzhou, the first exclusive used car showroom we've seen in China created by a carmaker.
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Nio-backed used car trading platform Uxin to be included in MSCI index
Uxin will be included in the MSCI Global Small Cap Index - China Index, effective after the US stock market closes on November 30.
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Uxin ventures into used NEV business, starts offering Nio, Tesla models
Uxin is offering two Nio ES8s and one imported version of the Tesla Model 3 in its official app.
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Nio-backed Uxin builds second superstore as it expands from online to offline
The store is set up in Hefei and covers an area of nearly 100,000 square meters, four times the size of Uxin's first offline superstore.
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Nio-backed Uxin reportedly to step up efforts to expand offline business
Uxin, whose main business is online used car trading, has decided to develop both its online and offline businesses and is bringing back several veteran former employees.
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Nio offers lower down payment options for its used car buyers
Nio has begun offering its used car buyers a minimum down payment of 15 percent, lower than the 30 percent minimum option previously offered by local banks.
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