Category: Byton
EV maker Byton halts operations for six months amid financial woes
Another luxury electric car maker is taking drastic action in light of financial trouble. Chinese firm Byton has told The Detroit Bureau and The Verge that it’s stopping operations for “at least” six months due to financial struggles exacerbated by t… Source
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EV startup Byton furloughs half of its 450-person staff in the US
China-based electric car startup Byton has furloughed about half of the 450 employees who work at its North American headquarters in Santa Clara, Calif., putting the release date of the automaker’s upcoming M-Byte vehicle into question. Byton told TechCrunch the furloughs were the result of the COVID-19 pandemic. The intention…
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