Starting a new car company is hard. Simply designing a vehicle from scratch is an incredibly difficult process. Making that car is even harder. And manufacturing it on a large scale adds several notches to the degree of difficulty (just ask Tesla).
Compared with making the hardware, coming up with a name might not seem all that difficult. But it is. Especially when you consider that several major firms have been around for more than 100 years, giving the likes of BMW and Ford tremendous inbuilt brand equity. So any newcomer needs a name that carries a significant message, a statement of intent.
There are plenty of new brands cropping up at the moment, from the likes of Geely’s Lynk&Co to Volkswagen’s mobility brand Moia, and even Seat’s decision to spin off Cupra into a fully fledged sub-brand. But they’re not the only ones.
Future Mobility Corporation was formed by a group of veteran industry executives, led by ex-BMW i boss Carsten Breitfeld, in 2016, with the intent of creating a user-focused electric, connected, autonomous range of vehicles. At that point, they had plenty of ideas and concepts but, crucially, no brand name.
They eventually settled on Byton. The task of finding that name was led by marketing chief Henrik Wenders, who said it was a fun – if intimidating – challenge. “Sometimes you feel like you open the window and look through it, and there’s nothing,” he said. “You’re so afraid, you close the window and don’t want to open it again.”
So how did the search for Byton happen? “We started with certain clusters or words,” said Wenders. “The concepts of electrification and digitalisation were key for us, so we looked at that.
“In the age of digital, we talk about bits and bytes. That was the first link. Then you have to leave the storytelling area and it becomes a phonetic discussion: whether you like it or dislike it, how does it feel.
“B is a very strong letter; words that start with B are prominent and powerful. And the ‘on’ ending gives it a premium feel; think of Aston Martin or Wellington.”