Byton may be facing bankruptcy
The electric car startup Byton that started with such promise looks to be on the brink of collapse. According to the company, it will cease operations for half a year from 1 July – whether it will continue after that is open.
Byton acquires FAW subsidiary Huali / securing license
Chinese EV start-up Byton, led by former BMW-i manager Carsten Breitfeld, takes over FAW subsidiary Huali (Tijian) Automobile and thereby secures a production license for serial production of electric cars in China. Byton had already closed an investment agreement with FAW in summer.
Byton reveals electric premium sedan K-Byte
Just before the CES Asia in Shanghai, Byton has decided to pull back the curtain on their newest concept: The fully electric premium sedan K-Byte. They also announced the name for their e-SUV; It will be called the M-Byte.