Li Bin, founder of NIO: The longer NIO cars are used, the higher their resale value.

The 2026 Intelligent Electric Vehicle Development Summit was held, with Li Bin, the founder, chairman, and CEO of NIO, engaging in a dialogue with media such as Sina Technology. When discussing the recent increase in both the quantity and price of NIO and LeDao second-hand cars, Li Bin analyzed: "The increase in quantity may be due to the increase in our number of retained vehicles. The increase in price, I think, may be because the longer NIO cars are used, the better their residual value, which is also related to our battery swapping system and the overall systematized innovation advantage."