Singulato Motors

Singulato Motors is a brand of Chi Che-hung Technology. Singulato was founded in December, 2014 in Beijing as an internet company to produce premium Chinese new energy vehicles. Singulato Motors aims to develop electric vehicles, autonomous driving systems, automotive networking services with a focus on big data development and cloud computing technologies.

In April 2019, Singulato agreed to purchase electric car technology from Toyota Motor to accelerate development of a planned mini EV, a second vehicle for the startup.

M&A activities

In October 2019, Japan’s trading house Itochu invested nearly USD100 million in Singulato Motors to lift its stake to about 7% from 1%, and planned to boost the holding.

Shareholders

Chi Che-hung Technology
Itochu (7%)

          Other renewable energy companies

          Useful links

          Singulato Motors official website

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