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Kaixin Auto Holdings (KXIN)

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3.0600-0.0200 (-0.65%)
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  • GlobeNewswire

    Kaixin Auto Holdings Announces Promising POCCO EV Sales Forecasts

    BEIJING, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced promising sales forecasts for the POCCO brand electric vehicles (“EV”) manufactured by Henan Yujie Times Automobile Co., Ltd. (“Yujie”), which Kaixin has signed a binding term sheet to acquire. According to Yujie, it has launched two EV models under the POCCO brand, MeiMei and DuoDuo. Since its debut in March 2021, the MeiMei model has sold more than 6,000 units. The DuoDuo

  • GlobeNewswire

    Kaixin Auto Holdings Signed Binding Term Sheet to Acquire EV Manufacturer

    BEIJING, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has reached a binding term sheet to acquire 100% equity of Henan Yujie Times Automobile Co., Ltd. (“Yujie”) through new share issuance. Yujie is a leading Chinese electronic vehicles (“EV”) manufacturer specialized in small size multi-function EVs. The contemplated deal would be the first major M&A transaction following the establishment of Kaixin’s New Ener

  • GlobeNewswire

    Kaixin Auto Holdings Announces Plans for Smaller Size Electric Vehicles

    BEIJING, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced plans to enter the smaller size electric vehicle (EV) market in China. Kaixin’s new energy vehicle unit has launched development plans focused on smaller EV models in the subcompact and minicompact categories. To speed up the process, the Company has discussed mergers and acquisitions with a number of electric car manufacturers. Kaixin will disclose the results in a timely m