IIA was informed that Byton Motors signed a strategic cooperation framework agreement with Foxconn Technology Group and Nanjing Economic and Technological Development Zone to jointly promote the mass production of Byton New Energy vehicle products. Strive to achieve mass production of Byton's first new energy vehicle by the first quarter of 2022, and accelerate the promotion of Byton as a first-line brand of new energy vehicles as soon as possible.

Byton’s intelligent manufacturing project is located in the Nanjing Economic and Technological Development Zone. At present, the project base construction equipment debugging is nearing completion, and the vehicle production qualification has been obtained. The first batch of trial production vehicles have been rolled off the production line in the first half of 2020 and relevant safety regulations have been tested. As the world's largest electronics industry technology manufacturing service provider, Foxconn Group has obvious advantages in the fields of research and development, manufacturing, and supply chain.

It is reported that Foxconn will provide advanced manufacturing technology, operation management experience and industry chain resources to fully support the mass production and manufacturing of Byton's first model M-Byte. Liu Yangwei, Chairman of Foxconn Technology Group, said: "Cooperating with Byton is an important part of our deployment in the field of electric vehicles. We will try our best to help Byton M-Byte to mass-produce as soon as possible and get on the stage of electric vehicles in the world.