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Chinese EV startup Byton explores listing via SPAC deal -sources

3 Min Read
SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters.
FILE PHOTO: The logo is pictured on the back of a Byton Concept T car during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Jason Lee
Byton, whose key shareholders also include China’s state-owned automaker FAW Group and EV battery maker CATL, is in talks with potential SPAC companies and investors about the listing and plans to go public as early as this year, two sources, who declined to be named as the talks were private, said. ....

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Chinese EV startup Byton explores listing via SPAC deal -sources

3 Min Read
SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters.
FILE PHOTO: The logo is pictured on the back of a Byton Concept T car during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Jason Lee
Byton, whose key shareholders also include China’s state-owned automaker FAW Group and EV battery maker CATL, is in talks with potential SPAC companies and investors about the listing and plans to go public as early as this year, two sources, who declined to be named as the talks were private, said. ....

T Ai Pei , Brenda Goh , Yilei Sun , Ben Blanchard , Shri Navaratnam , Thomson Reuters Trust Principles , Evgo Services , Tesla Inc , Technological Development Zone , Nissan Motor , Hon Hai Precision Industry Co Ltd , Mobility Corp , Future Mobility Corp , Nanjing Economic , Faraday Future , Thomson Reuters Trust , Asia Pacific , Automobiles Auto Parts Legacy , Automobiles Amp Auto Parts Trbc Level 3 , China Prc , Emerging Market Countries , Initial Public Offerings , Mergers Acquisitions Takeovers , Major News , Reuters Top News , டி ஐ பேய் ,

Chinese EV startup Byton explores listing via SPAC deal -sources

Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters. Byton, whose key shareholders also include China's state-owned automaker FAW Group and EV battery maker CATL, is in talks with potential SPAC companies and investors about the listing and plans to go public as early as this year, two sources, who declined to be named as the talks were private, said. Byton was launched in 2017 by Future Mobility Corp, a company co-founded by former BMW and Nissan Motor executives. ....

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