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Byton, Bosch team up on powertrains, brakes
Reuters | 2018/9/28

FRANKFURT -- German auto supplier Bosch is teaming up with Chinese-funded electric vehicle startup Byton to develop powertrain, brake and driver assistance systems, Byton said in a statement.

Byton, which has financial backing from Chinese carmaker FAW Group and battery producer Contemporary Amperex Technology Co., on Tuesday signed a cooperation agreement with Bosch.

"Bosch has years of experience in cooperating with premium carmakers. We are convinced that Bosch, through its enormous automotive competence, will become one of the most important partners of Byton," Byton CEO Carsten Breitfeld said.

Both companies will also work together on brand advertising, product marketing, technology development, quality training, customer services and staff training, Byton said.

In June, Future Mobility Corp., the Chinese parent company behind Byton, placed an order for a paint shop capable of handling 150,000 vehicles per year from German supplier Duerr. 

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