$NIO(NIO.US)【NIO's Shen Fei: Onvo won't easily cut prices, each battery added can earn tens of thousands in electricity price difference annually】Onvo announced a nationwide battery doubling plan for swap stations on December 5, adding over 8,000 new battery packs to the swap network, expected to be completed by mid-January next year. Can NIO, which is currently tightening its belt and striving for Q4 breakeven, really afford such massive spending?
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