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BEIJING: Toyota Motor Corp has agreed to sell electric car technology to Singulato, its first deal with a Chinese electric vehicle (EV) startup, allowing the fledgling firm to speed up development of a planned mini EV.
Domestic carmakers showcased seven out of 10 new energy vehicles at this year’s Beijing Auto Show
Little-known Chinese electric car start-up Singulato Motors is expected to say this week it raised around US$600mil (RM2.53bil) in a second fundraising.