NEV start-up Singulato Motors to invest USD2.4 billion in China
Singulato partners with Suzhou city government for investment in R&D, production and industrial investment in the NEV industry
China-based new energy vehicle (NEV) start-up Singulato Motors is planning to invest CNY15 billion (USD2.4 billion) over the next five years in Chinese city Suzhou, reports news website xinhuanet.com.
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