Toyota to sell its electric car tech to Chinese startup Singulato, report says
Toyota is selling its electric vehicle tech to Chinese startup Singulato, according to a new report. Singulato plans to design a small EV based on Toyota’s short-lived eQ.
Chinese EV startup reportedly raises $2.4 billion to bring electric SUVs to market
Earlier this week, Chinese EV start-up Singulato Motors said that it secured funding to invest 15 billion yuan ($2.39 billion USD) in a massive manufacturing hub in Suzhou (east China) over the next five years.
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