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Chinese electric car startups mull alliance to save money, time
Singulato Motors CEO Shen Haiyin said the startups plan to finalise the move by end-September with the aim to start developing a common electric vehicle platform by the end of this year.
PHOTO: REUTERS
Beijing
A HANDFUL of China's many electric vehicle (EV) startups are considering setting up an alliance to pool resources, develop joint technology and bring cars more quickly to the world's biggest vehicle market.
In a sign that the country's fledgling EV industry is already
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