SINGAUTO

About SINGAUTO

SINGAUTO Technology PTE. LTD. is a Singapore-headquartered technology company established in 2023, focused on the manufacturing and development of new energy intelligent commercial vehicles, specifically for the feeder logistics market. The company was founded by Liu Yuqiang, who was joined by Chris Chen, now the Global CEO and Co-Founder, who brings over two decades of experience in the automotive industry. The initial idea sparked in 2021 when a friend in the catering business highlighted the growing need for fresh food transportation, leading Liu Yuqiang to research the cold chain logistics market and spend time with truck drivers to understand the sector's challenges firsthand.

The company's business model is shifting from pure vehicle sales to a more integrated approach, combining hardware sales with subscriptions for technical software, autonomous driving upgrades, and value-added data services. SINGAUTO is targeting both B2B clients through strategic partnerships and individual C-end consumers, with a global expansion strategy focused on Southeast Asia and the Middle East, regions with a high demand for refrigerated transport. A significant milestone was achieved in February 2024, when the company secured USD 45 million in a Series A funding round from a UAE-based investment firm, which will be used to build out production lines and accelerate vehicle development.

SINGAUTO unveiled its first three products in September 2023: the S1, V1, and E1. The flagship S1 is a fully electric, intelligent refrigerated truck designed for cold chain logistics. It features a storage capacity of 18 cubic meters, a range of up to 400 kilometers with a 128 kWh lithium iron phosphate (LFP) battery, and supports both fast charging (20-80% in about 40 minutes) and five-minute battery swapping. The vehicle is built for progressive levels of autonomy, currently supporting L2 assisted driving with a clear roadmap to L3 and L4 capabilities, powered by NVIDIA and Horizon's high-performance SOCs. Other key features include a lowered chassis for easier driver access, an intelligent cockpit positioned as a "mobile office," a cloud-based fleet management system, and multi-temperature zone control. The V1 is an intelligent commercial vehicle, and the E1 is a mobile self-charging vehicle that can be summoned via an app. The company is also developing the world's largest commercial EV industrial district in Abu Dhabi.