Byton wins fresh financing in round 3
Byton electric car startup has received round C financing with the stake purchased by Japanese conglomerate Marubeni. At the CES in Las Vegas, both companies announced a strategic partnership but gave few details about the partnership. Byton also announced other partnerships, such as for content on the big screen in the M-byte.
Byton starts pre-production of the M-Byte EV
The Chinese electric car brand Byton has now started production of the pre-production series of its first M-Byte model at its Nanjing plant. The manufacturer says it already has 50,000 reservations for the EV worldwide.
Byton confirms co-founder Breitfeld is leaving
Today the Chinese electric car startup Byton confirmed that their Chairperson and CTO, former BMW manager Dr Carsten Breitfeld is leaving to “start a new adventure within the startup industry”. Byton said they will announce a new CTO soon and are on track with the pre-series production of M-Byte starting this summer.
Byton plans April 2019 production launch in China
Byton has announced that their production launch for the electric SUV M-Byte will begin in April next year in China. The sales launch for China is planned for the second half of the year. In Europe and the US, the model will likely likely hit the market in the second half of 2020.
LG Chem to open second battery factory in China
LG Chem has announced plans to construct a second battery plant in China for EVs. The new factory will be set in Nanjing like the first, and construction will begin this October. Battery production will likely start exactly a year later.
Changan building large scale NEV factory
China’s Changan has begun works in Nanjing to build a production facility with an annual capacity for 240,000 new energy vehicles. Start of production is set for June 2020. By 2025, Changan want to build plug-in cars only.
Byton secures investment from CATL, closes with $500M
Electric car startup Byton has closed its latest round of financing. It collected half a billion dollars from investors, the latest being CATL that joins the likes of China’s FAW. Byton, led by former BMWi manager Breitfeld, is about to present their second concept EV.
Byton to unveil its first electric car at CES
Ahead of its debut at CES, EV brand Byton has published photos of its upcoming electric-powered SUV, showing among others the cockpit. Byton is a brand of Future Mobility, a Chinese start-up supported by Foxconn and Tencent and led by former BMW i manager Carsten Breitfeld.
How man EVs does it take to save the planet?
According to the International Energy Agency, some 20,000,000 emission free cars will have to be on the road by 2020 worldwide, in order to keep temperatures from rising more than the two degrees agreed upon in Paris. An ambitious goal that the IEA says cannot be reached without major support from the transport sector.
Nissan, Avis, Nanjing, BMW, Cagliari, BlueIndy, Tesla.
416 electric Nissans are to enter Denmark as the Danish Avis branch expands its fleet. 401 e-NV200 and 60 Leaf have been ordered by the rental car company that already holds 400 Nissan Leaf which had been bought back in 2014. Avis Denmark will thus have a fleet of 861 EVs in total.
Better Place reloaded: Ziv Av Engineering, one of the developers of the Better Place battery swap stations, has been asked to deploy battery swapping stations for electric buses in Chinese Nanjing. If it works well (this time), electric cabs could be added to the system too.
Electric scooters for Sardinia: The police force in Cagliari, capital of the Italian island Sardinia, is being equipped with 15 custom-made C Evolution scooters by BMW. The Sardinians are not the first to set eyes on the electric two-wheeler from Germany as the police in Barcelona recently added 30 units.
bmwgroup.com (in German), motorionline.com (in Italian)
BlueIndy update: The electric car sharing in Indianapolis could get up and running after being in deadlock over financing issues. Both Bolloré and the city will spend about 6 million dollars each to get the project started – maybe already by this July.
The wait is over for those wishing to charge their Model S at CHAdeMO stations. The adapter for the Japanese standard is now available on Tesla’s website for 450 dollars.
teslamotors.com via insideevs.com