China EV Startup Is Said to Seek $500 Million in Fundraising
A Byton Ltd. M-Byte Concept electric sport utility vehicle (SUV) stands on display at the company’s Byton Place showroom in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)

China EV Startup Is Said to Seek $500 Million in Fundraising

(Bloomberg) -- Chinese electric-car startup Byton is close to clinching funding from investors led by state-owned China FAW Group Co., as it prepares to begin sales in the country’s burgeoning new-...
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