Today at Automobility at the LA Auto show, BYTON announced they have received a distributor license from the state of California and have established BYTON Cars California, LLC as its retail entity.
BYTON News
The attainment of the distributor license along with the establishment of BYTON Americas, LLC will enable sales and aftersales service through retail partners throughout the US. BYTON is also in the final stages of the process to receive a dealer license from the state of California. That license and the establishment of BYTON Cars California, LLC will not only make it possible to sell and lease the M-Byte directly to BYTON customers in California but will also facilitate online retail transactions in other states.
“From the beginning we believed that a hybrid retail model was essential in order to provide BYTON customers with the best possible ownership experience,” said, Jose Guerrero, Managing Director, BYTON Americas, LLC. “We’re building a retail model that has never been attempted in the US. The next pieces of the puzzle will be selecting our retail & aftersales service partners and securing our California dealer license.
We don't have all the information on BYTON's retail sales strategy in the US yet, but it's becoming clear that they plan to partner with existing sales infrastructure. Jose Guerrero, Managing Director of BYTON America's, LLC stated that BYTON is going to be employing a retail model that has never been attempted before in the US, which certainly has piqued our interest. They aren't going the route Tesla took with strict direct sales only from Tesla themselves. We'll see if we can get some more information on this unique model here at the LA Auto Show.
The announcement today further solidifies BYTON's credibility in our eyes. There's been quite a few EV startups the past few years, many of which have stalled or even worse, appear to have failed. However, BYTON quietly keeps moving forward. They have basically hit all of their scheduled milestones, and are on target to start producing the M-Byte SUV for the Chinese market sometime in early 2020. They then plan to bring the M-Byte to the US market in 2021.
BYTON Receives Distributor License and Creates Retail Entity
Takes first step in establishment of BYTON’s groundbreaking hybrid retail model
BYTON, the premium electric vehicle manufacturer, today announced that it has received a distributor license from the state of California and established BYTON Cars California, LLC as its retail entity, laying the cornerstones for the company’s innovative hybrid retail model in the US.
The California distributor license – along with the establishment of BYTON Americas, LLC – will facilitate the sale and service of vehicles using BYTON’s own infrastructure as well as through highly-competent, established automotive retail & aftersales service partners. This innovative approach will allow BYTON to deliver best-in-class customer experiences with the unique advantage of efficiently scaling its business leveraging capable partners across North America.
“From the beginning we believed that a hybrid retail model was essential in order to provide BYTON customers with the best possible ownership experience,” said, Jose Guerrero, Managing Director, BYTON Americas, LLC. “We’re building a retail model that has never been attempted in the US. The next pieces of the puzzle will be selecting our retail & aftersales service partners and securing our California dealer license.
The California dealer license, to be secured under BYTON Cars California, LLC will make it possible to sell and lease directly to BYTON customers in the state. In addition, this license will also make it possible to directly retail vehicles online to customers in other states.
Watch for more announcements in the coming months as BYTON’s hybrid retail model comes to fruition.
In the last several months, BYTON has unveiled the production version of its first model, the M-Byte SUV with its groundbreaking Shared Experience Display user interface, the industry’s first 48-inch screen. The company has also completed its state-of-the-industry production facility. The pieces are now in place to facilitate the launch of the BYTON M-Byte in China next year as well as its launch in the US and EU in 2021.
About BYTON
BYTON is a global premium electric vehicle manufacturer that is creating the world’s first smart device on wheels. By integrating advanced digital technologies to offer a smart, connected, and comfortable mobility experience, the company is designing an EV that will meet the demands of an increasingly digital lifestyle now and into the future.
The company’s global headquarters and state-of-the-art manufacturing center are located in Nanjing, China. Its global R&D hub is located in the heart of Silicon Valley and devoted to the development of BYTON’s groundbreaking intelligent car experience, digital ecosystem, advanced connectivity, as well as other cutting-edge technologies. BYTON’s design and concept vehicle center is located in Munich, Germany.
BYTON’s core management team is made up of top innovators from leading-edge companies such as BMW, Tesla, Google, and Apple. This diverse group of leaders from China, Europe, and the US share the singular vision of creating an unprecedented automotive experience.
Official website: www.byton.com
Further Information: BYTON Newsroom