Chinese EV Startup Byton Files For Bankruptcy

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Chinese EV Startup Byton Files For Bankruptcy

https://insideevs.com/news/676345/byton-chinese-ev-brand-bankruptcy/

The firm's troubles began in 2019, the same year when the all-electric SUV was revealed as a finished product at the Frankfurt Motor Show in Germany.

The demise of EV startups is underway. One by one, these companies will shut down.