Singulato

Information about Singulato

Singulato Motors, launched in December 2014 by entrepreneur Shen Haiyin in Beijing, marked a notable entry into the Chinese automotive scene with a focus on new energy vehicles. The company was founded under the umbrella of Chi Che-hung Technology Co., Ltd, aspiring to mesh internet technology dynamics with automotive manufacturing. Their vision encompassed developing new energy vehicles (NEVs), autonomous driving systems, and automotive networking services, leveraging big data and cloud computing technologies.

The first notable product to emerge from Singulato’s vision was the Singulato iS6, an all-electric mid-size SUV, introduced in 2016. This vehicle was aimed to set a benchmark in China’s electric vehicle market, offering advanced features and competitive pricing ranging between ¥200,000 and ¥300,000. Singulato planned to kickstart its operation with small batch production by the end of 2017, scaling up to mass production by March 2018. The iS6 boasted impressive technical specs including dual electric motors and an autonomous driving capability up to level 2, with ambitions to reach higher levels of autonomy in subsequent models.

However, despite these ambitious plans, Singulato Motors faced significant hurdles. Production delays and technical challenges hindered the company’s ability to meet its projected timelines and goals. By July 2023, Singulato Motors was unable to sustain its operations and declared bankruptcy, marking a swift and challenging end to a once-promising venture in the electric vehicle sector. This trajectory highlights the volatile nature of the automotive startup ecosystem, especially in the rapidly evolving electric vehicle market.