SINGAPORE, July 14 (Xinhua) -- A Singapore-based investment holding firm led by a Chinese entrepreneur announced an ambitious plan on Saturday to develop and market electric vehicles from the city state.
Mayton Automotive will start by targeting the Singapore market and gradually expand to the Chinese, U.S. and other markets. The main production and research base will be located in Hengshui, a city in China's northern province of Hebei.
Mayton Automotive is also trying to get the support of Singapore authorities for a project to test some 200 electric vehicles at Punggol to study the drivers' usage and charging+ patterns, vehicle to grid communication and pricing and scheduling considerations. Full story
