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.
https://electrifyheartland.org/wp-content/uploads/MicrosoftTeams-image.png00https://electrifyheartland.org/wp-content/uploads/MicrosoftTeams-image.png2024-11-22 09:34:012024-11-22 09:34:01No, BYD is not taking over NIO as fake rumors claim