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CHINESE ELECTRIC VEHICLES STARTUP BYTON IS AT RISK OF BANKRUPTCY

... Huaxun Network System filed for bankruptcy in the court of Nanjing. Future Mobility company, which planned to produce modern cars under the Byton brand, was founded by the former heads of BMW and Nissan dealerships in Hong Kong. Thanks to the support ... ... thousand people) on unpaid leave, and the activities of the enterprise were actually stopped. The plans to fill the market with electric cars by 2022, apparently, are not destined to come true. While competing companies (Xpeng and Nio) have successfully ...

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