Bosch is teaming up with Chinese-backed electric vehicle startup Byton. Bosch will assist Byton with powertrain, brake, and driver assistance systems.
Byton recently announced that it had secured $500 million in funding. It has been road-testing its electric vehicles in China. The company plans to sell cars in China in 2019 before reaching the U.S. and Europe in 2020.
Read more at Reuters.
Earlier in The Brake Report: Bosch and Electric Vehicle Maker NIO Sign Agreement