Byton founder and chief executive Daniel Kirchert, on the right foreground, poses with the company’s staff and a pair of electric vehicles at its headquarters in Nanjing, capital of eastern coastal Jiangsu province. Photo: Handout Byton founder and chief executive Daniel Kirchert, on the right foreground, poses with the company’s staff and a pair of electric vehicles at its headquarters in Nanjing, capital of eastern coastal Jiangsu province. Photo: Handout
Byton founder and chief executive Daniel Kirchert, on the right foreground, poses with the company’s staff and a pair of electric vehicles at its headquarters in Nanjing, capital of eastern coastal Jiangsu province. Photo: Handout

Electric cars

Chinese EV start-up Byton furloughs staff, cuts pay as pandemic casts doubt on first car delivery

  • More than 200 workers are affected by the temporary work stoppage at Byton’s research and development base in Santa Clara, California
  • Byton’s senior management will collectively take an 80 per cent pay cut and invest in the company’s series C round of fundraising.

Topic |   Electric cars
Byton founder and chief executive Daniel Kirchert, on the right foreground, poses with the company’s staff and a pair of electric vehicles at its headquarters in Nanjing, capital of eastern coastal Jiangsu province. Photo: Handout Byton founder and chief executive Daniel Kirchert, on the right foreground, poses with the company’s staff and a pair of electric vehicles at its headquarters in Nanjing, capital of eastern coastal Jiangsu province. Photo: Handout
Byton founder and chief executive Daniel Kirchert, on the right foreground, poses with the company’s staff and a pair of electric vehicles at its headquarters in Nanjing, capital of eastern coastal Jiangsu province. Photo: Handout
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