Japan Automaker Wants to Join China's Race to Build the Next Tesla
- GLM is on track to supply chassis to 10 electric carmakers
- Kyoto-based company completing third fundraising round
GLM Seeks to Cash in on China's Electric Vehicle Boom
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GLM Co., a Japanese automaker backed by former Sony Corp. Chief Executive Officer Nobuyuki Idei, said it’s close to winning its first deals to supply customized vehicle frames to companies seeking to produce electric cars.
The Kyoto-based automaker is close to signing deals to supply vehicle platforms for about 10 carmakers, including some in China, founder and CEO Hiroyasu Koma said in an interview, without naming them. The company is in discussions with other manufacturers, including those in Japan and Malaysia.