Byton to be Saved by ¥1 Billion Nanjing Government Bailout

There’s light at the end of the tunnel for the embattled, electric-car maker, Byton, as reports emerge today indicating Nanjing’s biggest bankrupt startup will receive a bailout from the Nanjing government and shareholders to the tune of ¥2 billion. While the news is indeed good, there remains much speculation as to whether it is enough … Continue reading Byton to be Saved by ¥1 Billion Nanjing Government Bailout