Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up...
SHANGHAI - Chinese electric vehicle maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model and plans to start production at the end of this year.
“We plan to launch our first production car this July,” Daniel Kirchert, Byton’s co-founder and CEO told Reuters in an interview on Thursday, adding that the company aims to manufacture 10,000 units by the first half of 2020. Kirchert’s comments, coinciding with the Shanghai Autoshow, come just days after chairman and co-founder Carsten Breitfeld quit Byton.
Kirchert confirmed the former chairman’s departure and said: “Byton has already got very strong resources, and there are 1,800 employees working on different areas including internet connectivity, engineering research and development.
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