New Chinese electric-car manufacturer targets young people

Updated: 2016-11-08 11:01

(Agencies/chinadaily.com.cn)

A picture of Singulato Motors' concept vehicle Tigercar P0 at a workshop in Beijing, China, November 7, 2016. [Photo/Agencies]

The company plans to invest in technology and build what Shen promised would be a state-of-the-art electric vehicle (EV) production plant in Tongling capable of making 200,000 cars a year within about four years.

The two-year-old start-up, that employs 140 people, plans to roll out its first product, a crossover sport utility vehicle, by late next year or early 2018.