Foxconn will probably invest $200 million in troubled Byton

4 January 2021, 04:47:20

Foxconn will probably invest $200 million in troubled BytonBloomberg reports that Foxconn is allegedly in talks with Byton to invest around $200 million in the troubled China-based EV start-up. This investment should help Byton to start the production of the Byton M-Byte in Q1 of 2022.

Foxconn is mainly known as the company that assembles Apple's iPhones. In October, the company introduced its MIH open platform for EVs and even shared plans for a solid-state battery launch by 2024. Its most important client - Apple - is rumored to launch a self-driving car soon. With other brands that are in the smartphone and display business turning their heads to the EV market, it becomes pretty clear that there's a serious need for product portfolio diversification and the EV market is burdened with great expectations.

Byton investors include state-owned China FAW Group Corp. and CATL - the world's number 1 EV battery producer. The company had plans to launch the M-Byte in Europe in the first half of 2020 and to open around 20 Byton Places in key European cities. However, the Covid-19 crises made it even tougher for the start-up which ended 2020 struggling for funds.

The Byton M-Byte SUV was unveiled in September 2019. The model is planned to have 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.

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EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonChevroletDaciae.GOFIATFordGenesisGMCHondaHyundaiJaguarKIALexusMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartSubaruTeslaToyotaVolkswagenVolvo

Featured

Specifications of some of the most interesting and anticipated EVs.

2023 GMC Hummer EV SUV

2023 GMC Hummer EV SUV Edition 1

Doors: 4, Seats: 5
Length: 196.9 in / 5000 mm
Height: 77.8 in / 1976 mm
Location: Rear
Location: Front
Voltage: 800 V

2023 GMC Hummer EV Pickup

2023 GMC Hummer EV Pickup

Doors: 4, Seats: 5
Length: 216.8 in / 5507 mm
Height: 79.1 in / 2009 mm
Location: Rear
Location: Front
Voltage: 800 V

2022 GMC Hummer EV Pickup

2022 GMC Hummer EV Pickup Edition 1

Doors: 4, Seats: 5
Length: 216.8 in / 5507 mm
Height: 79.1 in / 2009 mm
Location: Rear
Location: Front
Voltage: 800 V

2023 Rivian R1T

2023 Rivian R1T Adventure Dual-Motor Max Pack

Doors: 4, Seats: 5
Length: 217.1 in / 5514 mm
Height: 78.3 in / 1989 mm
Location: Rear
Location: Front

2023 Rivian R1T

2023 Rivian R1T Adventure Quad-Motor Large Pack

Doors: 4, Seats: 5
Length: 217.1 in / 5514 mm
Height: 78.3 in / 1989 mm
Curb weight: 5886.34 lb / 2670 kg
Electric motor #1: 314 kW, 671 Nm
Electric motor #2: 305 kW, 560 Nm, Location: Front
Battery: 135 kWh

2023 Rivian R1S

2023 Rivian R1S Adventure Quad-Motor Large Pack

Doors: 4, Seats: 7
Length: 200.8 in / 5100 mm
Height: 77.4 in / 1966 mm
Curb weight: 5842.25 lb / 2650 kg
Electric motor #1: 314 kW, 671 Nm, Location: Rear
Electric motor #2: 305 kW, 560 Nm, Location: Front
Battery: 135 kWh

2023 Polestar 3

2023 Polestar 3 Long Range Dual Motor

Doors: 5, Seats: 5
Length: 192.9 in / 4900 mm
Height: 63.5 in / 1614 mm
Curb weight: 5696.74 lb / 2584 kg
Location: Rear
Location: Front
Battery: 111 kWh, Voltage: 400 V

2022 Audi e-tron S Sportback quattro

2022 Audi e-tron S Sportback quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 63.6 in / 1615 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2022 Audi e-tron S quattro

2022 Audi e-tron S quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 64.1 in / 1629 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2021 Audi e-tron S Sportback quattro

2021 Audi e-tron S Sportback quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 63.6 in / 1615 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2021 Audi e-tron S quattro

2021 Audi e-tron S quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 64.1 in / 1629 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro Vorsprung

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro Edition 1

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro S Line

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Ford F-150 Lightning

2022 Ford F-150 Lightning PLATINUM Extended Range (710A)

Doors: 4, Seats: 5
Length: 232.7 in / 5911 mm
Location: Rear
Location: Front
Battery: 131 kWh

2022 Ford F-150 Lightning

2022 Ford F-150 Lightning LARIAT Extended Range (511A)

Doors: 4, Seats: 5
Length: 232.7 in / 5911 mm
Location: Rear
Location: Front
Battery: 131 kWh

2022 Mercedes-Benz AMG EQS

2022 Mercedes-Benz AMG EQS 53 4MATIC+

Doors: 5, Seats: 5
Length: 205.6 in / 5223 mm
Height: 59.8 in / 1520 mm
Curb weight: 5853.27 lb / 2655 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 239 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V

2022 Mercedes-Benz EQS

2022 Mercedes-Benz EQS 580 4MATIC

Doors: 5, Seats: 5
Length: 205.4 in / 5216 mm
Height: 59.5 in / 1512 mm
Curb weight: 5698.95 lb / 2585 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 140 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V