Among the new domestic car manufacturers that have fallen down in recent years, Byton Motors has been named by CCTV for “burning 8.4 billion and still not being able to build a car”, becoming one of the most famous car companies. Today, Byton has started bankruptcy and liquidation, but the first model M-Byte has not yet been released.
A few days ago, some netizens discovered that on the second-hand trading platform Xianyu, some merchants are selling Byton test cars, which are sold as scrapped cars.
However, the vehicle has a 95-degree large battery, four-wheel drive and dual motors, and it belongs to the same level as the Weilai electric vehicle. According to the plan, the price of the mass-produced vehicle is more than 300,000 yuan. However, the merchant only listed 49,900 yuan, and platform data shows that there are already 164 people who want it.
However, for ordinary consumers, who is willing to spend 50,000 yuan to buy a scrapped car that cannot be licensed, hit the road or is broken?
But for recycling manufacturers, 50,000 yuan can buy a large battery of 95kWh, plus all the spare parts of a luxury electric car, which may be more cost-effective.
It is reported that Byton Motors, formerly known as FMC, was co-founded by Dai Lei, the former general manager of Dongfeng Infiniti Automobile Co., Ltd. in 2016. It is one of the earliest new car-making forces established.
Byton’s first mass-produced model, the M-Byte, was unveiled at the Consumer Electronics Show in 2019. Dai Lei said in an interview in November 2019 that the model will be officially put into mass production in mid-2020.
However, after Byton Motors burned out 8.4 billion financing, so far, the M-Byte model has not yet achieved mass production delivery. And after years of development, Byton Motors has now reached the stage of bankruptcy and liquidation.
Article source: Fast Technology