On May 22, research firm LandRoads released its April 2026 report on residual values of new energy vehicle (NEV) brands. In April, younger, high-demand models approaching one year of age entered the second-hand market, pushing overall brand retention higher. AITO led with 82.7% one-year retention, driven by the M8 model, the only brand above 82% this month. Xiaomi followed at 81.4%, Li Auto at 81.2%. Tesla fell to 80.9%, placing fourth; ONVO ranked fifth at 80.7%. China NEV Residual Value Rankings in April All top five brands exceeded 80%, with minimal gaps. Chinese local brands collectively surpassed Tesla, intensifying competition in the high-end used EV segment. Month-on-month, AITO rose for three consecutive months, from 74.7% in February to 82.7% in April, up 8 percentage points. Xiaomi rebounded nearly 6 points after a slight dip in March; Li Auto increased about 4 points. Tesla declined for two months, from 83.9% to 80.9%. ONVO slightly dropped by 0.2 percentage points. Brand tiers emerged by residual value. AITO, Xiaomi, Li Auto, Tesla, and ONVO formed the top tier above 80%. BMW, Mercedes, and Fangchengbao sat in the second tier at 72%–78%. XPeng, Zeekr, and IM fell in the 71%–73% range. Stelato, Luxeed, and Voyah remained weaker due to low ownership, still in a growth phase. Prices of the those NEVs in this residual report The Used-Car Value-for-Money Index highlighted market gaps. Li Auto, AITO, and ONVO posted low readings of 115%, 119%, and 119% – high retention kept price spreads narrow, limiting appeal for bargain-hunting buyers. Audi, Voyah, and IM showed higher indices; Audi hit 148%, signaling deeper discounts relative to new-car prices. China’s used-car “value-for-mone” index ranking in April Index differences reflected supply-demand dynamics. Tight new-car supply propped up used-car prices for top brands; inventory pressure and new-car discounts pulled down used-car values for others. Overall, NEV residual value now hinges not just on brand strength but also on new-car pricing strategy and vehicle technology architecture.