German subsidiary of Byton goes into insolvency

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Insolvency proceedings have been initiated for Byton GmbH, a subsidiary of Chinese automaker Byton, according to an announcement by the Munich District Court. Big Promises Byton was co-founded by two former BMW managers and made big promises in 2018 regarding electric car production. The company had ambitious goals here and wanted to launch a competitive … (Weiterlesen...)
 
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