Chinese EV Start-Up Byton To Close $500M In Series C Round Against Headwinds

Login to View
Chinese electric vehicle start-up Byton showed off the final production version of its SUV model, "M-Byte SUV," at the 2019 Frankfurt Motor Show on September 10, 2019.

Chinese all-electric vehicle brand Byton is raising a series C round of financing at US$500 million from Chinese state-owned automotive manufacturer FAW Group and government-led industry investment funds after the start-up experienced a management shake-up and reported layoffs.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in


RELATED NEWS