Chinese EV Start-Up Byton To Close $500M In Series C Round Against Headwinds

Chinese all-electric vehicle brand Byton is raising a series C round of financing at US$500 million from Chinese state-owned automotive manufacturer FAW Group and government-led industry investment funds after the start-up experienced a management shake-up and reported layoffs. Byton already inked an investment agreement with FAW Group, and the due diligence was started in early […]

Chinese EV Start-Up Byton To Close $500M In Series C Round Against Headwinds comes originally from China Money Network. All Rights Reserved.

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