Gary Dvorchak's questions to Uxin (UXIN) leadership • Q1 2025
Question
Inquired about the company's current business mix of New Energy Vehicles (NEVs) and future plans for NEV exposure, given the rapid growth of used NEV transactions in China.
Answer
The company reported that NEVs accounted for about 9% of their retail sales from January to April 2025, exceeding the national average. They do not manage inventory based on fuel type but on quality standards. As the overall EV market expands, their NEV share is expected to grow naturally, and they are prepared to capture this opportunity.