January 13, 2022
The North American arm of electric vehicle startup Byton is fighting efforts by a Swiss engineering company to pin a $30 million arbitral award against the startup's Hong Kong-based parent, part of the latter company's strategy to snap up assets it claims are being transferred beyond its reach.
December 14, 2021
Edag Engineering GmbH has won confirmation of a $28.6 million arbitral award against electric vehicle startup Byton, a victory as the Swiss company scrambles to collect what it's owed amid findings that the startup may be trying to transfer its assets and operations to China.
June 24, 2021
A Swiss engineering company that's worked with automakers like BMW and GM has won some $28 million in arbitration against electric vehicle startup Byton, after a payment dispute arose from their combined efforts to build an all-electric luxury SUV called the M-Byte.