Category: Byton

EV maker Byton halts operations for six months amid financial woes

[ad_1] Another luxury electric car maker is taking drastic action in light of financial trouble. Chinese firm Byton has told The Detroit Bureau and The Verge that it’s stopping operations for “at least” six months due to financial struggles exacerbated by the COVID-19 pandemic. Most China-based workers will be furloughed, with just a “small group” […]