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Tag: rumors

No, BYD is not taking over NIO as fake rumors claim

A rumor spreading like wildfire on social media claims BYD will be taking over NIO (NYSE: NIO) as the EV giant gobbles up market share in China. The rumor was posted by a suspected BYD employee, but NIO is denying the claim. BYD acquiring NIO would be a massive move as China’s leading EV maker … Continue reading “No, BYD is not taking over NIO as fake rumors claim”