Byton North America Corporation

Byton North America Corporation is a leading automobile manufacturing company located in Santa Clara, CA. Founded in 2015, the company specializes in electric vehicles and intelligent transportation solutions. With 397 employees, Byton North America produces and sells ready-to-drive all-electric cars powered by their own battery systems that meet and exceed industry requirements for performance and reliability. The company’s mission is to create “Smart Mobility for All” – to provide safe, efficient, reliable and environmentally friendly vehicles that are accessible to anyone.

Byton North America has achieved significant milestones since its founding; it has partnered with several automakers across the globe for development of key components of its smart mobility platform including vehicle parts such as batteries, powertrains and infotainment systems; additionally they have established a joint venture with Chinese automaker FAW Group to develop cars exclusively designed for China's market starting 2021. As part of their commitment to sustainability Byton have also invested both time an resources into research into renewable energy sources such as solar panels which could be used as an alternative source of fuel on their cars in future years reducing emissions even further making them a more attractive proposition over traditional combustion engine vehicles moving forward.

During round 1 of the paycheck protection program, Byton North America Corporation requested a PPP loan for $10,000,000.00. They were approved on 4/15/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Hsbc Bank Usa, National Association. Of the approved amount, Byton North America Corporation has received 100% of the approved amount.