Singauto Targets China's Cold Chain with New Electric Refrigerated Truck

Singauto Technology unveiling fully electric refrigerated truck model in China, has raised $20M in funding.
Aims to crack China's crowded EV market by targeting cold chain logistics niche.
Claims 20,000 pre-orders for new S1 truck, will target SE Asia after China.
Outsourced design and manufacturing to Launch Design to speed development time.
Focused strategy gives advantage over mass market EV makers struggling with price war, per CEO.

reuters.com

Relevant topic timeline:

8/22/2023

Chinese EV Startup Hozon Auto’s Core Parts Plant to Kick Off Production Next Month

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Posted 9/18/2023, 8:04:00 AM