On Sunday, January 6th, at the CES 2019 held in Las Vegas, company executives of China-based electric vehicle start-up, Byton, announced that the company is well on course to complete construction of its factory by May 2019.
As per the announcement, the upcoming plant that is under construction in Nanjing, China would have a capacity to produce almost 300,000 vehicles per year.
As per reports, currently, the main body of the factory that includes painting, welding, battery, assembly, and stamping is under construction.
Executives of Byton then revealed that AIDA Engineering of Japan and KUKA and DÜRR of Germany would be supplying all manufacturing equipment in the factory. Additionally, the China-based electric vehicle start-up has also been working with key strategic investors CATL and FAW along with suppliers BOE, Faurecia and Bosch.
In a statement given on Sunday, 6th January, Daniel Kirchert, co-founder and president of Byton said, “We have made solid progress in the construction of our Nanjing plant and prototype vehicle testing.”
Kirchert further added, “This is a vital year for Byton and our global team is sparing no efforts to achieve our goal of volume production.”
As per reports, Byton a company founded by former Infiniti and BMW executives has plans of unveiling a production version of its much-awaited M-Byte SUV during the second quarter of 2019 and would begin mass productions in the latter stages of the year. Additionally reports also suggest that the company has already conducted tests on its vehicles in Europe, China, and the United States in a lead up to production.