[citation needed] Filia focused on developing a range of self-design electric cars, competing with similar start-ups in China.
[4] In February 2018, Singulato announced its model plans to design and introduce 6 electric cars for the domestic Chinese market over the next few years[5].In April, the manufacturer announced that it had obtained funds equivalent to USD 2.4 billion to implement the first serial model iS6,[6] whose official premiere took place at the Beijing Auto Show 2018 a month later.
[8] In April 2018, Singulato presented another iC3 study, this time showing a small, two-seater electric car using the Toyota body design from the iQ.
Singulato has financing about 17 billion RMB, and it has been questioned that it cannot build cars, relies on selling software to make a living, and is insolvent.
On June 26, 2023, the Intermediate People's Court of Tongling City, Anhui Province decided to accept the bankruptcy and liquidation case of Singulato, and on June 30, designated Tongling Jinjian Accounting Firm as the administrator of Anhui Singulato Intelligent New Energy Vehicle Co., Ltd.[3] The failed company finally filed for bankruptcy in July 2023.