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Future Mobility

Chinese electric-vehicle company

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Future Mobility is a Chinese electric-vehicle company backed by Tencent Holdings.

In 2016, the company managed to poach several leadership members of BMW’s electric vehicle programs and from Tesla.

A new all-electric crossover is coming with ‘more than 300 miles’of range and biggest screen you’ve ever seen in a car

You might remember last year when we reported on a bunch of executives from Tesla, BMW, and Nissan forming a new electric vehicle startup called Future Mobility Corp. The company is based in China and backed by Tencent Holdings, which is now also an important investor in Tesla.

Well, they launched their brand today, now called ‘Byton’, and revealed some of their plans and teasers for their upcoming vehicles.

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Tesla execs join BMW’s former electric vehicle leadership at new Chinese startup

bmw next vision

In a surprising turn of event last month, several BMW executives in the automaker’s electric vehicle leadership, also known as the BMW ‘i’ brand, left the German automaker to join a newly formed Chinese EV startup, Future Mobility Corp, backed by Tencent Holdings.

Now Electrek has learned that two Tesla executive joined the BMW leadership at Future Mobility.

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BMW loses its EV leadership to a Chinese startup backed by tech money

File picture of Tencent's headquarters at Nanshan Hi-Tech Industrial Park in Shenzhen

Several executives in BMW’s electric vehicle leadership, including 20-year BMW veteran Carsten Breitfeld who reportedly developed the i8, left the German automaker to join a Chinese EV startup, according to a new WSJ report.

The startup in question is Future Mobility Corp, a newly formed EV company backed by Tencent Holdings.

Tencent is an important holding company in China with significant investments in several of the country’s biggest internet, video game and social media companies.

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