New Chinese electric-car manufacturer targets young people

Updated: 2016-11-08 11:01

(Agencies/chinadaily.com.cn)

The steering wheel of Singulato Motors' concept vehicle Tigercar P0 promoted at a workshop in Beijing, China, November 7, 2016. [Photo/Agencies]

Shen said Singulato plans to jump straight into the electric car mass market rather than follow Tesla Motors' model of first making a high-profile electric battery super sports car to create a buzz around a new brand. He said his cars would compete on price with Tesla's $35,000 Model 3.