FOCUS-A slew of electric truck plans may deliver the goods for China's EV ambitions [Reuters]
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Source: Reuters
A slew of electric truck plans may deliver the goods for China's EV ambitions | Reuters 6 Min Read BEIJING (Reuters) - Having just broken ground for a new factory in the southern Chinese province of Hunan, the head of electric car startup Singulato Motors has grand plans: build up to 50,000 electric vans per year and ride the crest of a wave for e-truck demand in China. For a growing number of automakers operating in the world’s biggest vehicle market, it’s time to invest in electric vans and trucks. They’re convinced by increasingly stringent restrictions aimed at reining in pollution, generous subsidies as well as robust demand for light-duty trucks as e-commerce flourishes. “We think China’s about to see an electric commercial vehicle revolution,” Singulato co-founder Shen Haiyin told Reuters in an interview. “In many ways, the EV future might arrive faster with commercial vehicles than passenger EVs.” Singulato, which is due to launch its first electric car by the middle of next y
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