103027647OP :
jac no need spend 500mil in Shengji chip just use Huawei technology can much cheaper than spend 10billion USD in rnd but lose out in sale.all traditonal auto maker more sane now instead of burning cash .nio very rich to burn billion in rnd thru diluting shareholder but still lose out to geely zeeker In sàle .not mentioned those enabled by Huawei technology .fund manager also less interest in nio as many rival surpass nio in sale nio got huge burden paying billion rental for expensive nio house n swap station.rival also smart to use nio swap station instead of spend billion to build infrastructure. rival will take away more sale from nio so nio will lose more partnering swap with those rivals .CEO desperate for cash so will do stupid things to enable rival eat up premium sector.mayb nio will left 5%of premium market later.nio sky os can't compete with Huawei as proven by aito.so only advantage is the swap that is open to rival so jac can now do it own version of et 9 without spending billion in rnd .jac also got vast experience building chasis after helping nio build premium car so will be a strong competitor.