Chinese electric car startup Byton raises $500 million

INSUBCONTINENT EXCLUSIVE:
Byton, a Chinese electric car startup, has secured a $500 million Series B funding round to fuel the development of smart, connected cars
Carsten Breitfeld said in a statement.At the Consumer Electronics Show, Byton unveiled its all-electric SUV concept
Earlier this year, Byton also announced a partnership with self-driving car startup Aurora
Byton plans to roll out its first batch of prototypes in April 2019 with the goal of Q4 2019 for the launch of a mass-produced model.