22-04-2020 20:03 via theverge.com

Chinese EV startup Byton furloughs hundreds in the US

Photo by Sean O’Kane / The Verge Chinese EV startup Byton is furloughing more than 200 workers at its North American headquarters in Santa Clara, California due to the coronavirus pandemic, and is reevaluating its plans to launch its first vehicle later this year.“Given the impact of the coronavirus pandemic on the global economy and the hit that the auto industry is taking, we like others have had to take measures to weather the hard times ahead,” the company said in a statem
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