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BYTON Places Order for Factory to Paint 150,000 Cars Per Year

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【Summary】BYTON, the Chinese electric car startup, is already making big plans to bring its premium electric cars to market. Future Mobility Corporation (FMC), BYTON's parent company, has placed an order for a paint facility capable of handling 150,000 cars per year.

Derrick Smith    Jun 13, 2018 3:48 PM PT
BYTON Places Order for Factory to Paint 150,000 Cars Per Year

FRANKFURT — BYTON, the Chinese electric car startup, is already making big plans to bring its premium electric cars to market. Future Mobility Corporation (FMC), BYTON's parent company, has placed an order for a paint shop capable of handling 150,000 cars per year, German paint engineering firm Duerr said on Wednesday.

Byton was founded by Carsten Breitfeld, the former head of the BMW i8 program, and Daniel Kirchert, the former managing director of Infiniti China. The company has already released plans for a premium electric SUV vehicle and sedan, the latest in a series of China-backed electric autonomous prototypes.

One of the Largest Orders Ever Received

"Duerr is building a paint shop for FMC's Byton brand in Nanjing for 150,000 cars per year," Duerr said in a statement on Wednesday, adding that this was one of the largest orders it had ever received from an electric car manufacturer.

Byton has financial backing from Chinese state-owned carmaker FAW Group and the country's dominant battery producer Contemporary Amperex Technology Co. (CATL).

byton-k-byte-sedan-14.jpg

BYTON's SUV and newly unveiled K-Byte Concept sedan

Byton opened its North American headquarters in Silicon Valley in December and has announced it is working with Aurora to outfit their vehicles with self-driving technology. Aurora was founded by Chris Urmson, the former head of Google's self-driving cars program.

Byton is also working with major automotive parts supplier Bosch and Faurecia SA on powertrains, braking systems and interiors.

Byton recently announced $500 million in new funding from FAW Group and others. In addition to BYTON's planned SUV, the company debuted its new electric sedan this week at CES Asia in Shanghai.

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