The company also officially opened its global headquarters in Nanjing, China, adding to a global presence that includes a research and development center in Silicon Valley and a design center in Munich, Germany. The company’s first batch of prototype models is set to roll out in April 2019 for testing, with the pilot production program starting in the first half of 2019. A mass-production car is slated to enter the market at the end of 2019.
Byton has said it can offer its car for $45,000, which seems like a deal for the attractive, technology-packed vehicles. The company previously showed off an SUV dubbed the M-Byte, which it said will achieve an estimated 250 miles of range and 272 horsepower from a rear-mounted motor. A high-performance dual-motor version will push 476 horsepower for 325 miles, according to Byton.
The M-Byte will be the first production vehicle for the company, while the K-Byte is still a concept. Still, Byton believes it can bring the K-Byte to market with Level 4 autonomous tech by 2021.