No, they aren't:
Like every EV maker, NIO is a CATL customer, nothing more.
The no-money, no-commitment agreement with Changan & Geely, NIO competitors, just means that when and if they decide to go with battery swap on any of their models, they will be compatible with NIO's swap boxes. Nothing more. No joint investment, no money, no royalties.
BP put $30 million into NIO's capital fund in 2018, wrote it off in 2022, and has no connection with NIO now at all.
NIO pays Ikea and Shell rent to put swap boxes at parking lots and filling stations.
"Forseven" is a paper contrivance associated with a massive share dilution conducted last year. It has no physical presence anywhere in the world.
"Hector" is Pump Boy, a dishonest, discredited and widely despised pumper spammer who floods this board with disinformation. He has used scores of IDs over many years to shill for this stock, using lies, exaggerations and greed-teasers. He spams the board nearly incessantly, upvoting his own posts, swapping out IDs several times a day or even on the hour.
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- HaroldAnderson·04-23Very useful stuff, keep it up!LikeReport