BYTON Might Be The Next Chinese EV IPO

first_imgBYTON first probably will need to reach the production stage, just like NIO with the ES8, which should happen in 2019.Source: Reuters Source: Electric Vehicle News Co-Creator Says Keep Your Eyes On BYTON BYTON To Host “Bytes and Coffee” Event This Saturday See The Byton M-Byte Electric SUV Up Close Another IPO is coming?Carsten Breitfeld, CEO and co-founder of BYTON, told Germany’s Automobilwoche that the company could launch IPO after one more round of fundraising from private investors.“With the capital-intensive nature of business and our expansion, the topic of listing on the stock market will become relevant,”The IPO – we assume around 2020 – would be another high-profile Chinese venture after CATL battery manufacturer and automaker NIO.BYTON news Author Liberty Access TechnologiesPosted on October 29, 2018Categories Electric Vehicle Newslast_img

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