Biometric fingerprint sensors are nothing new, but Singulato has unveiled an all-new electric car that uses this technology on its doors. This startup in China has raised $600-million in a second phase of fundraising, and the government will offer buyers a 110,000 yuan ($16,285) subsidy per car, approximately one third of the sticker price of an electric car, representing a large percentage of the overall vehicle cost. Continue reading for more pictures and information.
“We’re targeting our EVs at young city dwellers in beijing, shanghai, shenzhen and other large cities where buying a gasoline car is becoming more difficult because of purchase restrictions imposed by the government. If they buy an EV, they could buy a car immediately as EVs are exempt from purchase restrictions. tech-savvy young people are naturally going to gravitate toward EVs,” said Shen Haiyin, Singulato’s 42-year-old co-founding CEO.