In recent months, the name of the Chinese electric car manufacturer Byton, founded in 2016, sounded mainly in the context of the loss of interest in cooperation from Foxconn, which was supposed to establish a contract production of cars under this brand. Other large investors are also not showing interest in the project, and creditors are already demanding to start bankruptcy proceedings. This story, as explains Nikkei Asian Review citing Caixin, began promisingly about five years ago, when local BMW and Nissan Motor dealerships founded Future Mobility with the aim of producing globally competitive electric vehicles. At that time, government...