Byton Autonomous Electric Vehicle

Chinese-funded electric vehicle manufacturer Byton is seeking to raise at least $500 million to finance growth, valuing the nearly three-year-old company at more than $4 billion, two people familiar with the matter told Reuters. The latest round of fundraising comes as China's government promotes new energy vehicles (NEVs), a category comprising ba...

A Chinese startup unveiled its vision for the automobile of the future Sunday, promising to deliver an "intuitive and intelligent" car to global markets starting next year from around $45,000.

The company says it will start building the car in China in 2019, with sales likely to start in the US and Europe sometime in 2020.

Chinese-funded electric vehicle manufacturer Byton is seeking to raise at least $500 million to finance growth, valuing the nearly three-year-old company at more than $4 billion, two people familiar with the matter told Reuters. The latest round of fundraising comes as China's government promotes new energy vehicles (NEVs), a category comprising ba...

A Chinese startup unveiled its vision for the automobile of the future Sunday, promising to deliver an "intuitive and intelligent" car to global markets starting next year from around $45,000.

The company says it will start building the car in China in 2019, with sales likely to start in the US and Europe sometime in 2020.