Byton

Operations suspended indefinitely:
http://news.bitauto.com/zonghexinwen/20200630/1312004505.html

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Somewhat off-topic but related:

The fate of the other FAW-supported EV startup, Bordrin, also appears to be grim. Founder, Dr. Ximing Huang, has practically washed his hands off Nanjing Bordrin, having sneakily transferred (at dirt-cheap rates) technological and intangible assets to a "new company" to be headed by a new set of personnel, with the meager proceeds from this "sale" ostensibly to be used to temporarily pacify long-unpaid, angry employees and suppliers who have been getting increasingly vocal over the months. Basically, Nanjing Bordrin has turned into a "shell" with no worthwhile assets.

Just think of the devastating consequences for the hapless minority partner in the Tianjin Bordrin JV: the erstwhile carmaker FAW Xiali, now reduced to a metals trading company, is in the unenviable position of having no production plant, no manufacturing equipment or tooling, no production license (having given away both licenses -- to Byton and Bordrin), no viable partner, and no cars to sell (in its eagerness to join Bordrin, it had stopped selling the fairly new models A50, CX65 and D80, no doubt developed at considerable cost which has to be written off since it cannot be amortized within such a short time). Moreover, Nanjing Bordrin, which is entitled to hold 80.1% of the JV, has contributed only 14 million yuan of capital to date, out of the 2.034 billion yuan required from its side. FAW Xiali has said it will approach the courts.

http://finance.eastmoney.com/a/202006121519811915.html
http://auto.caijing.com.cn/2020/0611/4673222.shtml