Once a ride-hailing battleground, Nanjing now home to ride-hailing “graveyard”

Image credit: Tencent Video

According to Chinese media, Nanjing is home to a “car graveyard” of close to 1,000 vehicles. The brand-new cars are being stored in an industrial park as companies wait for the lifting of a local ban on certification for new rental and ride-hailing vehicles. Although not all the cars belong to ride-hailing platforms, photos and videos show that some sport the logos of Didi and Meituan.

Nanjing’s government first announced a temporary ban on new rental car licenses on April 19, but news of the restriction leaked two days beforehand, AI Finance & Economics reports. That led to a rush to buy and register vehicles, as Nanjing mandates that all additional ride-hailing cars must be new.

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