Byton
EVChinaClosed 2022
Total Raised
$800M
Peak Valuation
Undisclosed
Employees
450
Year Collapsed
2022
Business model
Design and manufacture electric SUVs with large in-cabin display technology.
In brief
A Chinese EV startup founded by former BMW and Nissan executives, aiming to compete on in-car technology with a signature 48-inch dashboard display. Repeated delays to its M-Byte SUV's production start, compounded by COVID-19 disruption and a funding shortfall, meant it never del…
See the What Happened tab for the full account.
Key facts
- Founded
- 2016
- Closed
- 2022
- Headquarters
- Nanjing, China
- Industry
- EV
- Employees
- 450
- Revenue
- Undisclosed
- Founders
- Carsten Breitfeld, Daniel Kirchert
Related failures
Arrival
2015–2024EV · UK
Ran out of funding$1BArgo AI
2016–2022Autonomous Vehicles · USA
Ran out of funding$3.60BLilium
2015–2025Aviation · Germany
Ran out of funding$1.50BBird
2017–2023Mobility · USA
Ran out of funding$1BConvoy
2015–2023Logistics / Freight · USA
Ran out of funding$1BVolocopter
2011–2025Aviation · Germany
Ran out of funding$700M
Often compared with: NIO, Xpeng.