A review of Singularity Motors’ development: from a star car company to the brink of bankruptcy

Singularity Motors was once as famous as brands such as NIO and Xpeng Motors, with more than 17 billion yuan in financing. However, despite investing heavily in building factories and R&D centers, Singularity Motors has never been able to achieve mass production. Since 2018, the company has begun to go downhill, and funding problems have led to employee salary arrears, and eventually it fell into bankruptcy.