Byton will import its electric models into Europe from 2020
- The automotive company Byton was founded in China in 2018. It is based in Nanjing and has offices in Munich (Germany) and Santa Clara (USA).
- Byton has recruited automotive specialists to form its team, including from BMW, Tesla and Faraday. The company is funded by Tencent Holdings, an Internet and mobile service provider.
- Byton made its first appearance by presenting its M-Byte electric SUV (still in prototype form) in January 2018, prefiguring the production model marketed from 2019 in China and 2020 in Europe.
- Byton then presented its K-Byte electric sedan (still in prototype form) in June 2018.
- These two models with a 272 hp electric motor could have a range of 400 km. A 476 hp version with all-wheel drive could have a range of 520 km.
- Byton is one of those new companies that are involved in the design, manufacture and marketing of electric cars, particularly active in China. The Byton models will only be marketed via the Internet. The company is particularly targeting Tesla, which produced and sold 250,000 electric cars in 2018.
- The company has set a sales target of 300,000 units per year by 2025.
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