Japan’s Itochu to buy stake in EV startup Singulato: sources
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August 28, 2018This post was originally published on this site
Japanese trading house Itochu Corp is to invest less than 1 billion yen ($9.05 million) in Singulato Motors, a Chinese smart, connected electric vehicle startup – a deal that might lead to further partnerships with Japanese automakers and suppliers, two people familiar with the matter said on Wednesday.