After unveiling own platform, Foxconn invests in troubled EV startup Byton

Taiwanese company Foxconn has entered a deal with Chinese electric-vehicle startup Byton and the Chinese government’s Nanjing Economic and Technological Development Zone, which could see it to take a more direct role in car manufacturing. The parties will attempt to get customer examples of Byton’s M-Byte battery-electric SUV into production by the first quarter of …

Aspiring Tesla rival Byton claims better tech, break even goal in 2-3 years after first EV production

By Simon Alvarez Posted on January 19, 2020 Like several aspiring Tesla rivals before it, Byton aims to beat the Silicon Valley-based electric car maker at its own game. This means better tech, a lower price point, and a solid path to profitability without any of the growing pains that Tesla experienced over the years. …