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Byton loses co-founder, CEO to electric MPV maker Iconiq
Automotive News China | 2019/4/23

Carsten Breitfeld, the founder of electric vehicle maker Byton, has left the startup for another fledgling Chinese EV maker, Iconiq Motors.

Breitfeld, who started Byton in 2016 and also was CEO, made his first appearance as Iconiq CEO during the company¡¯s press conference at the Shanghai auto show.

The same day, Byton issued a statement confirming Breitfeld¡¯s departure. 

Daniel Kirchert, Byton co-founder and president, has assumed the CEO role. 

Before creating Byton, Breitfeld led BMW¡¯s i series electric vehicle program in Germany.

Byton is backed financially by Chinese retailer Suning, state-owned automaker China FAW Group Corp. and EV battery supplier Contemporary Amperex Technology. 

It is on track to start assembling the first product, the M-Byte electric crossover, at a plant in the east China city of Nanjing this year, Byton said.

Iconiq plans to build vehicles in the north China port city of Tianjin. Its first product is an electric multipurpose vehicle, which was introduced at the Shanghai auto show.

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