SingAuto Technology Pte. Ltd.
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SingAuto Technology Pte. Ltd. - overview
Established
2022
Location
Central Region, -, Singapore
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Singapore, SingAuto Technology Pte. Ltd. is a developer of an electric truck vehicle that can accommodate frozen goods products. In September 2023, Singauto Technology raised USD 20 million in venture funding from investors.
The company develops a truck model called the S1 that features an 85-kilowatt-hour battery, offering 270 kilometres (168 miles) on a single charge. Singauto has outsourced design, engineering, and manufacturing to Shanghai Launch Automotive Technology (Launch Design), enabling market entry. Singauto's focus on cold chain logistics gives clients a competitive advantage over Chinese mass-market EV producers. The organization plans to use the funding to accelerate its global expansion, bolster its localized assembly operations in international markets, and advance research and development for next-generation refrigerated electric vehicles.
Current Investors
unknown, STARTech, Bank of China Asset Management
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.singautotech.com
Verticals
Electric & Hybrid Vehicles, Manufacturing
Company Stage
Series A
Total Amount Raised
Subscriber access only
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