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EV start-up Singulato Motors to invest US$2.4b in Suzhou

Singulato concept

Chinese start-up Singulato Motors is to invest 15 billion yuan (US$2.4 billion) over the next five years into Suzhou, a city in eastern China Singulato Motors, a China-based EV and intelligent vehicle start-up, has announced a new agreement with the Suzhou city government, covering the research and development of so-called new-energy …

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