Wednesday, April 22, 2020

Chinese EV startup Byton furloughs hundreds in the US

Photo by Sean O’Kane / The Verge

Chinese EV startup Byton is furloughing more than 200 workers at its North American headquarters in Santa Clara, California due to the coronavirus pandemic, and is reevaluating its plans to launch its first vehicle later this year.

“Given the impact of the coronavirus pandemic on the global economy and the hit that the auto industry is taking, we like others have had to take measures to weather the hard times ahead,” the company said in a statement to Electrek, which first reported the news. “Our production timeline will no doubt be impacted. We are evaluating that impact.”

Byton closed its factory in Nanjing, China earlier this year as the country attempted to stop the spread of the virus, though it says work picked back up in...

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source https://www.theverge.com/2020/4/22/21231344/chinese-ev-startup-byton-furloughs-us-employees
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