"Stung hard by the COVID-19 crisis, we're getting word that BYTON has suspended operations and furloughed the majority of its employees worldwide for 6 months. Only a small team will remain for management decision making.
It's disappointing to hear, but not entirely surprising. The COVID-19 pandemic has and will continue to take its toll on the entire automobile industry. Cash-strapped startups without any business revenue at all are particularly vulnerable."
Or is it as simple as how we called it when we first saw it. THERE WAS NOT A CHANCE ON EARTH IT WOULD BE SUCCESSFUL. EVER.
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