Byton, a premium smart electric vehicle startup, and supplier Bosch Group signed a strategic cooperation agreement in Germany, focused on powertrain technology, braking and driver assistance systems.
Carsten Breitfeld, CEO and co-founder of Byton, said: "Bosch has rich experiences in working with world-class car manufacturers over the years. We believe Bosch's expertise in the automotive field will make it one of our most important partners. As an innovator in the smart electric vehicle industry, Byton is committed to providing consumers with the safest and most reliable electric mobility solutions. The partnership will allow the two sides to share resources, complement advantages, and drive business innovation to jointly offer the customers products with better quality and price."
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The signing ceremony was held during the Jiangsu-NRW-Germany Forum on Opening-up, Innovation, and Cooperation in Dusseldorf, Germany. Byton was the only new energy vehicle innovation company invited to represent Jiangsu. Dr. Carsten Breitfeld, CEO and Co-Founder of Byton, delivered a speech at the forum, and shared the company information and latest achievements with guests.
According to the agreement, Byton and Bosch will regularly carry out technical exchanges so as to jointly build up an industry leading processing and quality standard.
Meanwhile both parties also intend to establish platforms to carry out in-depth cooperation in multiple fields, including brand promotion, product marketing, technology promotion, quality training, customer service, and personnel training.
Byton is working product R&D and preparing for mass production. Its trial production workshop was officially opened on 1 April. The stamping, painting, welding, assembly, and battery workshops will be roofed by the end of this year.
In August, Byton rolled off its first drivable engineering prototype for various tests. Its first volume production model, based on its M-Byte Concept, will be officially launched in the fourth quarter of 2019. It will be manufactured at the factory in Nanjing, Jiangsu and sold worldwide.
