The Byton M-Byte SUV on display at the Byton booth at CES International in Las Vegas on January 8, 2019. Photo: AP
The Byton M-Byte SUV on display at the Byton booth at CES International in Las Vegas on January 8, 2019. Photo: AP
Foxconn
Tech /  Enterprises

Apple supplier Foxconn in talks to invest in embattled Chinese Tesla challenger Byton

  • Foxconn plans to invest around US$200 million in Byton, with mass production of the M-Byte electric SUV planned for 2022
  • The Taiwanese manufacturer is looking diversify its business as half its revenue currently relies on manufacturing iPhones and other Apple gadgets

Bloomberg
Bloomberg

Updated: 3:00pm, 4 Jan, 2021

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The Byton M-Byte SUV on display at the Byton booth at CES International in Las Vegas on January 8, 2019. Photo: AP
The Byton M-Byte SUV on display at the Byton booth at CES International in Las Vegas on January 8, 2019. Photo: AP
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