
U.S. listed Chinese electric vehicle maker Nio Inc (NYSE: NIO) secured the top rank in a study that ranks car quality in China, CnEVpost reported on Wednesday, citing the report by automotive website Autohome.
What Happened: Shanghai-based Nio is ahead of rival Li Auto Inc (NASDAQ: LI), which ranked twelfth. Warren Buffett-backed BYD Co (OTC: BYDDY) ranked eighteenth while Tesla Inc (NASDAQ: TSLA) stood at the bottom of the list, just slightly better than the industry average.