TechFlow News, December 31 — NIO issued a statement via its official Weibo account stating that it has never had a "Bitcoin car purchase" program. Previously, GAC NIO announced on Weibo that it would accept Bitcoin payments for vehicle purchases, claiming to be the first Chinese automaker supporting Bitcoin. It is understood that NIO and GAC NIO are separate corporate entities. Recently, NIO clarified that it is merely an investor in both GAC NIO and Changan NIO.
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