China's Singulato Will Invest Billions Into Electric Vehicle Factory [Video]

Cristian WorthingtonFeedToPost, MediaVidi Twitter

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4 H BY MARK KANE Singulato Motors, another New Energy Vehicle start-up in the enormous Chinese market, hints at massive investments. Singulato iS6 (source: Green Car Congress) The company intends to invest 15 billion yuan ($2.4 billion) over the next five years. The plan includes two...

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4 H BY

MARK KANE

Singulato Motors, another New Energy Vehicle start-up in the enormous Chinese market, hints at massive investments.

Singulato iS6 (source: Green Car Congress)

The company intends to invest 15 billion yuan ($2.4 billion) over the next five years. The plan includes two manufacturing sites – one in Suzhou for compact-size cars, and q second in Tongling for mid- and large-size cars.

The first …