Byton M-Byte will be produced in South Korea by Myongshin in a former GM plant

27 September 2019, 04:49:42

Add as a preferred source on Google Reuters reports that the Byton M-Byte will be produced in South Korea by Myongshin an MS Autotech subsidiary. The Korean company will build more than 50,000 EVs per year for Future Mobility Corp (FMC) - Byton's parent company. The production site is a former General Motors plant which Myongshin bought for 113 billion won ($94 million) in June. South Korea has a free trade deal with Europe and the US - key target markets for Byton. It also has a well-established electric car supply chain. Hence, FMC plans to take advantage of a plant there instead of building cars in China amidst trade wars and increasing export taxes.

MS Autotech is a first-tier Hyundai supplier making door, floor and frame parts ever since Hyundai's establishment in 1982. Since last year, it also supplies parts to Tesla. The plant won't be exclusive for Byton vehicles and by 2025, it is expected that it will produce a total of 150,000 vehicles per year.

The Byton M-Byte arrives with two trims. The base one is equipped with a single rear-mounted electric motor with 200 kW (272 PS) of power and a 72 kWh battery for a range of 360 km or 224 miles (WLTP). The 4WD version features a 300 kW (408 PS) motor and a 95 kWh battery for a range of 435 km or 270 miles (WLTP). The charing interface will comply with the regional requirements and will be GBT / CCS1 or CCS2. The batteries will support DC charging of up to 150 kW and AC charging between 3.7 kW and 22 kW.

The Byton M-Byte is currently in the Attribute Prototype (AP) testing stage, with nearly a hundred Byton MByte AP vehicles built so far for various tests taking place around the globe. It has a starting price of €45,000 excluding VAT and has registered over 50,000 reservations worldwide so far. Pre-ordering will go live in the first half of 2020 for China with production scheduled for the middle of 2020. In Europe and the US, the model will go on sale in 2021.

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