By on June 30, 2020

Chinese electric car startup Byton will reportedly idle production next month as it attempts to reorganize itself. While the coronavirus emerged as a villain in this play, the issues confronting Byton actually seem pretty dire. The company isn’t just idling factories to address a health crisis, it’s shutting things down for six months while it engages in more fundraising and tries to pay what’s owed to employees.

That’ll be tough with no normal income. Byton has already furloughed a large portion of its staff in California and plans to cease all production in Nanjing. While we knew the PRC’s approach to electrification would ultimately result in countless EV startups going under, we didn’t expect Byton to be among them. Slick products, good marketing, and interesting designs made it seem like it could go the distance — now it seems wholly preoccupied with survival. (Read More…)

Recent Comments

  • Car Ramrod: My mother ordered one of these new, a 430 cabriolet. If I recall correctly the 99 was V6 only, at least...
  • Mike Beranek: You can pick up a perfectly clean, well-running one of these at Mecum for about six grand.
  • rpm773: These always bugged me. They were based on W202, but had the fascia and tail that more closely resembled the...
  • zerofoo: Mexico should be the stick we use to beat China. Mexico has ample resources, lots of reasonably priced...
  • zerofoo: The fact that Mexico and Canada are complaining about the deal THEY SIGNED tells me its a good deal for us....

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber