China’s electric car startup Byton to raise up to $400m at $1.2b valuation: Report

Byton
The Byton electric concept vehicle Photographer: David Paul Morris/Bloomberg

China’s electric vehicle (EV) startup unicorn Byton is targeting to raise $300-400 million from a Chinese government investment institution at a valuation of $1.2 billion, according to a China Money Network report.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Should your colleagues be reading this article too? Contact us for corporate subscriptions at subs@dealstreetasia.com.