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posted by martyb on Thursday January 11 2018, @03:35AM   Printer-friendly
from the What-is-a-'pylon'? dept.

It seems that yet another connected car concept is being announced at CES, the Autoextremist offers a reality check,
http://www.autoextremist.com/on-the-table1/2018/1/9/january-10-2018.html

...the fact remains that when CES keeps allowing blatant celebrations of vaporware to happen on a consistent basis, the credibility of the show is more than a little suspect. The latest evidence, or more specifically the latest outrage unleashed on the landscape? Byton, which is the brand name of Future Mobility Corporation of Nanjing, China. “The name ‘Byton’ comes from 'bytes on wheels' so it somehow reflects our idea to make a computer on four wheels.
...
The best part of this glorious charade? The company has raised $250 million so far. Yes, you read that correctly, $250 million. That's it. Do you know what $250 million will get you toward the development of a new car? A lot of nothin'.

For anyone that likes daydreaming, the Byton company vision statement can be found at https://www.byton.com/vision.html


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  • (Score: 0) by Anonymous Coward on Thursday January 11 2018, @06:04PM (1 child)

    by Anonymous Coward on Thursday January 11 2018, @06:04PM (#621004)

    The car industry changed insofar that before Tesla came, Tesla's market niche was unoccupied. While now, it is occupied by Tesla.

  • (Score: 1) by khallow on Thursday January 11 2018, @07:16PM

    by khallow (3766) Subscriber Badge on Thursday January 11 2018, @07:16PM (#621046) Journal

    While now, it is occupied by Tesla.

    So what? Even if the present company were in the same niche, it's a big niche.