Electric Vehicle

Singapore startup uses refrigerated trucks for China EV market edge

SINGAPORE, Sept 18 (Reuters) – Fully electric refrigerated trucks for delivering food and pharmaceuticals are expected to give a Singapore-based startup the edge to crack into the crowded Chinese electric vehicle (EV) market.

Singauto Technology will unveil its first EV cold storage truck model at an event in Beijing on Tuesday where it will announce pricing, company founder Liu Yuqiang told Reuters last month, adding it has completed an initial funding round of $20 million from investors.

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