BYD and NIO cooperate to establish BYD Future Automotive Group?

Recently, a person who is certified as a BYD employee claimed that BYD will cooperate with NIO Group to establish BYD Future Automotive Group, in which BYD holds 51% and NIO holds 49%. It is said that BYD Future Automotive Group will acquire NIO for 16.5 billion, and BYD will provide financial and technical support. Although the news has attracted widespread attention, the senior executives of NIO denied it. They said that if the person is really a BYD employee, then he needs to apologize and issue a clarification statement. On the other hand, BYD's general manager of public relations, Li Yunfei, also publicly responded on Weibo that the cooperation between BYD and NIO is "serious false news."