The founder of SINGULATO responds to Baic New Energy: don't put the power of new cars against the tradition.

"Does the cooperation with Baic New Energy means the production qualification oissue is solved?" "Yes." Shen Haiyin, SINGULATO founder and CEO, gave affirmative answer on economic observation network, acted quickly to enclosed iS6 and made an interpretation of a new round of introduction in experience area. On April 25th, the much-anticipated Beijing international auto show opened on schedule. Within the exclusive galleries of SINGULATO, new models, new financing, new cooperation, new slogan and a series of new action and the media made Shen Haiyin a little busy.

On the first day of the Beijing auto show, the singularity automobile formally announced his three major new actions. First of all, the most people care about products. According to Shen Haiyin, singularity automobile's first large all-electric SUV singularity iS6 is the latest progress, its are in the final testing phase, will be listed at the end of the year production, the official range is 400 km, subsidized price in about 20-300000 yuan between. And also locate in large SUV, compared to wei to ES8 iS6 size slightly smaller, the price is cheaper than ES8 nearly 200000 yuan, but in the new forces of cluster building cars in the field of pure electric SUV, so the price had not showed obvious advantages. Outside iS6, the singularity is also released a new MPV models - iM8, its design concept is "mobile" rubik cube, the temporary not announced details of the specific parameters of the product and more.

Secondly, in terms of finance, Shen Haiyin at the scene of the conference announced that the singularity automobile has completed 3 billion yuan C round of financing, but did not reveal the investors, saying only that "inside we don't have the Internet company into C round." Data show that in 2015 the singularity automobile obtain 15 million yuan angel round, successively completed A round of RMB 190 million, 2016 B, 600 million dollars (about 3.8 billion yuan) two financing. Shen Haiyin says, plus 10 billion yuan in cooperation with Suzhou government established a short time ago intelligent electric car industry investment fund and the financing, the singularity automobile financing has accumulated has amounted to 17 billion yuan.

After March 31, the singularity automobile announced and Suzhou city, the city and the high-speed rail metro in technology research and development, vehicle manufacturing and industry investment in three areas to cooperate. Cooperation is, in the next five years to invest 15 billion yuan to build the singularity automobile global R&D center, the singularity automobile production base in Suzhou, and cooperation set up 10 billion yuan of intelligent electric car industry investment fund. "Industrial fund is not only for ourselves, and upstream and downstream industry chain." Shen Haiyin said. It is understood that the industry of fund investment covers smart car related the battery, electronic, electrical, and design, engineering, materials, artificial intelligence, cloud computing, big data, intelligent hardware, and other industries.

It is reported, this base as the second largest production base of Suzhou, the launch of the future plan is small smart new energy cars, aimed at young people and rental market. "About travel services, just released a flood of plan, the future we will also be a join. "Shen Haiyin said. Singularity in 2016 located in the largest production base in Tongling, Anhui, main production is the largest smart new energy vehicles, production capacity is expected to 200000, the first phase of construction will be completed within 2018 years. At this point, the singularity completed including Beijing, Shanghai, Suzhou, Anhui Tongling, silicon valley, the Japanese utsunomiya, the layout of the research and development of "three kingdoms" in six production system.

Third, in terms of foreign cooperation, the singularity motor announced and Beijing new energy change is filled in the intelligent vehicle technology development, electrical facilities, distribution network, manufacturing resource sharing, etc. Shen Haiyin confesses that the choice of Beijing new energy is due to its opening-up strategy group, including technology, innovation and manufacturing aspects of open, creating the possibility of cooperation and operability. In the solution to the problem of singularity production qualification at the same time, also can under the current situation of excess production capacity, to reasonable use of resources, which also meet the requirements of the country. "Don't put the BAT as a whole, I also hope you don't make new car force with traditional dichotomy, and the new energy in our to combine the traditional automobile camp," Shen Haiyin said, referring to the cooperation with Beijing new energy.

And singularity is cooperating with Beijing new energy is also seen as a beginning of the development of the old and new forces to the fusion, on both sides have reached a cooperation announced at the same time, also have an aptitude for production of the Yangtze River car in the Beijing auto show and Foton cooperation signing ceremony. And shortly before the show, Changan, Baic and Dongfeng this several big car companies have to cope with the traditional market changes were made in the transformation of the strategic layout. Changan chairman told a "if not fully prepared, so, one day, out of this age, you really have nothing to do with you", but also revealed a lot of traditional auto enterprises leaders cannot hide in the heart of anxiety. In the transformation of traditional car companies anxiety and building cars under new potential power production is urgent, a new round of the nation also is happening.

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