No, BYD is not taking over the NIO as the fake EV rumor claims
Rumors are spreading like wildfire on social media that BYD will take over NIO (NYSE: NIO ) as the EV giant makes market share in China. The rumor was posted by an alleged BYD employee, but NIO denies the claim. BYD's acquisition of NIO would be a big step as China's leading EV maker continues …
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