Electrification also needs to commercialize silk. It may seem mechanically simple in a car. But it is not easy to convince people to trust you by giving them a large amount of money…
Even if you have Cheaper labor In the world and you deal with the monster market, such as Asia.
We’ve seen it at fairs, like in Frankfurt, with the promises of its executives What will be the Chinese Tesla who will conquer and Europe.
Car company Byton, one of several companies promising to revolutionize the world of electric vehicles, has run into difficulties that have led it to suspend operations.
Initially, in 2020, BYTON announced the suspension of operations to reorganize companies, scheduled for six months. Then Fox was found
It was she who “brings back” the Chinese startup Payton. However, in 2021, the company declared its first bankruptcy and conducted operations with its production partner, Foxconnindefinitely.
In April 2021, the German company Byton also filed for bankruptcy, and in July of the same year, Byton suspended its operations in China.
In September 2021, Nikkei reported that Payton’s production partnerInc., Foxconn, is postponing the project due to BYTON’s ongoing financial problems, effectively suspending operations indefinitely.
everyone It has been completed a few days ago…
It was Peyton originally Especially good financing, and its production started from Nanjing. In January 2020, Byton completed its third round of financing and announced that it had 60,000 pre-orders for M-Byte.
M-Byte (photos) was to be released in China that year, with North America and Europe to follow in 2021. Its final design m byte which was ready for production, was shown at the Frankfurt Motor Show, but delivery was delayed due to software and interior quality problems.
However, Byton experienced great financial difficulties. The COVID-19 pandemic has had a serious impact on the company as potential customers and investors are becoming more cautious. Without a revenue stream, the company found itself in a precarious position.
Despite these efforts, the company went bankrupt…
Still:
China’s dream of hegemony is collapsing…
Byton is back, with Apple’s indirect help
Premiere of the electric Byton M-Byte SUV
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