$NIO Inc.(NIO)$ There are many

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$NIO Inc.(NIO)$ There are many examples of companies that passed on new or different technology only to be defeated by it later. Just because others passed on battery swap does not mean they made the right decision. Setting up the stations and infrastructure is costly and prolongs any potential profits. It will be interesting to see how the partnerships with other companies plays out. If they start sharing a large portion of the cost to use NIO tech. it could very well be a big boost for NIO.

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