Chinese EV startup Byton explores listing via SPAC deal -sources
3 Min Read SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters. FILE PHOTO: The logo is pictured on the back of a Byton Concept T car during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Jason Lee Byton, whose key shareholders also include China’s state-owned automaker FAW Group and EV battery maker CATL, is in talks with potential SPAC companies and investors abo...