$KXIN Book Value is $.04
$KXIN has $12.31M debt
Looking at the PPS performace $0.30 is more likely
$KXIN Electric Vehicle Market Opportunity Could Be $53 Trillion By 2050 With Net Zero Carbon Neutrality: Report https://benzinga.com/news/22/06/27613940/electric-vehicle-market-opportunity-could-be-53-trillion-by-2050-with-net-zero-carbon-neutrality-new
China Electric Car Sales Forecast to Hit Record 6 Million
Industry body increases estimate from initial 5.5 million
New-energy vehicle sales set to double from last year https://www.bloomberg.com/news/articles/2022-08-09/china-s-july-car-sales-rise-20-on-demand-for-electric-vehicles#xj4y7vzkg $KXIN
China Traders Look Beyond Covid-Zero Pledge to Snap Up Stocks
Shares of Chinese companies are trading higher amid hopes of China easing its 'zero-COVID' measures despite the National Health Commission recently reiterating its policy. $KXIN
$KXIN China stocks rise on rumors of easing COVID restrictions
$KXIN Kaixin Auto Holdings Acquisition SPA with Morning Star
Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) 4 days ago announced the signing of a share purchase agreement with the shareholders of Morning Star Auto Inc. (“Morning Star”), according to which Kaixin will acquire 100% equity of Morning Star by issuing 100 million shares of Kaixin ordinary shares.
Morning Star owns 100% equity of Wuxi Morning Star Technology Co., Ltd. and Henan Yujie Times Automobile Co., Ltd. At completion of the acquisition, Kaixin will own all assets and business operations related to the POCCO brand of electric vehicles (POCCO EV), which constitutes big progress toward Kaixin's successful transformation into a new energy vehicle manufacturing company.
Mr. Mingjun Lin, chairman and CEO of the Kaixin, said: "The electric vehicles business is experiencing strong growth in China. Kaixin is committed to achieving accelerated transition into the EV industry through mergers & acquisitions and intensive investment to quickly gain the desired market share."
About Kaixin Auto Holdings
Kaixin Auto Holdings is one of the primary dealership networks in the premium used car segment and new car sales in China. Supported by the rapid growth of China's used car market and leveraging its own hybrid business model that offers both strong online and offline presence, Kaixin is in the process of transforming from a nationwide dealerships network to one of the important players in China's electric vehicle market.
Electric Cars in China Kaixin Auto Holdings $KXIN Unaudited First Half 2022 Financial Results; Total Revenues Were $33.30M; Adjusted Net Loss Was $3.81M, Compared To An Adjusted Net Loss Of $0.52M In The First Half Of 2021.
Thank you for the info. Very much appreciated! How have you been doing?
long T is Good
Biden awards $2.8 billion for projects to boost electric vehicle battery manufacturing
$KXIN Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the People's Republic of China. It focuses on automobiles brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. As of December 31, 2021, the company had 14 used car dealerships covering 14 cities in 12 provinces in China. It also provides financing channels to customers and other in-network dealers through partnerships with financial institutions. Kaixin Auto Holdings is headquartered in Beijing, the People's Republic of China.
Hey, 02 it's great to hear from you. This should do well long term.:)
thanks for sharing Kaixin Auto Holdings Announces Unaudited First Half 2022 Financial Results
$KXIN All-electric car and truck sales by 2035 would save $2.7 trillion, but will take smart policy to drive clean
Kaixin Auto Holdings Announces Unaudited First Half 2022 Financial Results
$KXIN Kaixin Auto Holdings POCCO EV Production and Sales Target of 230,000 Vehicles over Three Years
Biden vows to replace U.S. government fleet with electric vehicles
New US EV chargers will cover 75,000 miles of highway
I am surprised that Kaixin and his CEO have no new declarations of intent for orders of a non-existent E truck, no intentions of unused investors and nothing else to publish. Either he recognized the nonsense of this incomprehensible PR or he himself relies on short and deserves it.
I took a look at the chart analyzes for Kaixin since Dec 2020. The greatest predictions. One even hopes for 25 USD. All of these charts are based on false facts. And with it false hopes. Many who have followed these charts have lost money. Why doesn't anyone check. Why do you blindly follow announcements that cannot be implemented without extreme means that demonstrably do not exist.
China in Talks with Automakers Regarding EV Subsidy Extension; Terms for 2023 Not Yet Finalized $KXIN
Kaixin Auto Holdings Announces Order of 10,000 Electric Trucks
BEIJING, May 10, 2022 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has signed a sales order for 10,000 electric trucks with Beijing Shencheng Biotechnology Group Limited (“Shencheng”). Shencheng will be ordering 10,000 electric trucks with a total value of US$600 million from Kaixin during 2023 to 2025. The trucks will be used in its waste recycling business.
Shencheng is a well-known biotechnology company in China, specializing on urban waste sorting and recycling business. It has set up plans to carry out waste treatment business operations in Xinjiang, Guizhou, Guangxi, and Yunnan provinces. This sales order is the implementation of the 10,000-unit intentional order reached between Kaixin and Shencheng in December 2021. Kaixin aims to custom design two new energy truck prototypes for Shencheng in the second half of this year and achieve mass production and delivery in 2023.
Mr. Wu Liang, general manager of Kaixin's new energy vehicle business department, said: "The signing of the sales contract with Shencheng is another major achievement of Kaixin after the sales order with Beijing Bujia Technology Co., Ltd., which demonstrates our business strategy focusing on producing custom-built new energy vehicles for strategic partners has gained market recognition. Although China's electric trucks are currently in their early stage, we expect the peak sales season will come soon. Kaixin will stride forward and enhance market recognition with sales performance."
About Kaixin Auto Holdings
Kaixin Auto Holdings is one of the primary dealership networks in the premium used car segment and new car sales in China. Supported by the rapid growth of China's used car market and leveraging its own hybrid business model that offers both strong online and offline presence, Kaixin is in the process of transforming from a nationwide dealerships network to one of the important players in China’s electric vehicle market.
Tesla record profit blows away estimates --- BIG For Electric Vehicles - Could Lift ALL Boards $KXIN
Why went up to 55 percent yesterday???
Electric Vehicles are HOT HOT HOT. Long
Electric Vehicles Kaixin Auto