Kaixin Holdings (KXIN)

[BottomBounce]

2021 was a massive year for electric cars. 2022 will be even bigger.
https://www.businessinsider.com/electric-cars-2022-models-market-tesla-ford-gm-lucid-rivian-2021-12 $TSLA $F $GM $LCID $RIVN $KXIN

[BottomBounce]

New fully-electric vehicle sales will reach 300k next year to comprise one in seven UK car purchases, analysis estimates

https://www.thisismoney.co.uk/money/cars/article-10352973/Report-predicts-new-electric-vehicle-sales-jump-300-000-2022.html $KXIN

[BottomBounce]

$KXIN $2, 3, 4, 5+ coming

[02opida]

TRUCKS SALES

[BottomBounce]

Shares of several companies in the broader industrial sector are trading higher as stocks gain following better-than-expected US jobless claims data, which has lifted recovery sentiment. $KXIN

[BottomBounce]

$KXIN EV's Target For 2022-2025 Set At 50,000 New Energy Vehicles

[02opida]

KXIN

[BottomBounce]

Nice steady climb higher $KXIN

[BottomBounce]

$3's coming $KXIN

[BottomBounce]

Electric Vehicles by $KXIN Kaixin completed a reverse acquisition with Haitaoche Limited. The acquisition consideration was determined at $161.8 million based on fair value of the ordinary shares held by Kaixin pre-acquisition shareholders.

[BottomBounce]

$KXIN big bounce. Accumulation going on here

[PStockPickz]

Failed double bottom now geez

[BottomBounce]

$KXIN Buying opportunity for $2.00

[PStockPickz]

Starting to reload $1.16 and under

[BottomBounce]

$KXIN "The merger of Kaixin and Haitaoche in June 2021 enables us to leverage the synergy and combined resources to set a solid stage for quick growth of our premium imported and used car sales business in latter half of 2021 and the future. Further, we have identified electric vehicles as the focus of our future expansion. We have already obtained framework agreement orders for 20,000 units of EV trucks at a total of approximately US$750 million, and the necessary investment in OEM manufacturers and in new model design and production is expected to be secured soon. The first model is expected to be released in the first half of 2022 and ready for delivery on a large scale by the end of the year. We are on track in our strategic goal of becoming a leading market participant of the EV trucks industry in China," commented Mr. Mingjun Lin, chairman and chief executive officer of Kaixin.

Ms. Lucy Yang, chief financial officer of Kaixin, said, "As a result of the consummation of the reverse takeover of Kaixin with Haitaoche on June 25, 2021, the reported financial results for the first half of 2021 largely reflect those of Haitaoche. The Company managed to streamline our car sales operations and realign the cooperative relationships with local dealerships and partners during the first half of the year. Consequently, we have experienced very significant growth in our car sales business in the later part of 2021. The total sales revenues are expected to exceed $150 million in the second half of 2021."

[BottomBounce]

$KXIN Beautiful! First Half 2021 Financial Results. Total net revenues were $2.04 million, representing an increase of 205.7% from $0.67 million in the first half of 2020. The acquisition consideration was determined at $161.8 million based on fair value of the ordinary shares held by Kaixin pre-acquisition shareholders. The purchase price was allocated to total assets at 209.8 million, including tangible assets at $51.0 million, trademark at $15.1 million, goodwill at $143.7 million, total liabilities at $34.4 million, non-controlling interest at $7.6 million and preferred shares at $6 million.

[BottomBounce]

China Electric Vehicles KXIN Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) has 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 model was launched in August this year. The combined sales volume of the two models is expected to reach 15,000 units and 50,000 units in 2021 and 2022, respectively.

https://finance.yahoo.com/news/kaixin-auto-holdings-announces-promising-110000219.html

[BottomBounce]

The electric truck market was valued at around USD $20 billion in 2020, and it is expected to reach USD $44 billion by 2026 $kxin

[Ms Labonte]

Need my pimp in here$$$$

[Ms Labonte]

Need$$ to stop

[PStockPickz]

Not interested here until some real buyers come in. Good luck

[BottomBounce]

Electric Trucks KXIN Top Institutional Holders
Holder Shares Date Reported % Out Value
Invesco Ltd. 100,497 Sep 29, 2021 0.07% 281,391
Mint Tower Capital Management B.V. 100,000 Sep 29, 2021 0.07% 280,000
Geode Capital Management, LLC 69,320 Sep 29, 2021 0.05% 194,096
Paloma Partners Management Co 59,263 Sep 29, 2021 0.04% 165,936
HRT Financial LLC 37,649 Sep 29, 2021 0.03% 105,417
Millennium Management LLC 29,649 Sep 29, 2021 0.02% 83,017
Two Sigma Investments, LP 20,400 Sep 29, 2021 0.01% 57,120
Barclays PLC 18,367 Sep 29, 2021 0.01% 51,427
Citigroup Inc. 11,067 Sep 29, 2021 0.01% 30,987

https://finance.yahoo.com/quote/KXIN/holders?p=KXIN

[BottomBounce]

White House Coordinates Efforts of Departments of Energy, Transportation, and Agriculture to Meet the Grand Challenge: Reduce Aviation Carbon Footprint by 50 Percent by 2050 $KXIN

[BottomBounce]

Oversold $KXIN

[BottomBounce]

Europe Faces Rolling Blackouts Amid Energy Crisis
https://oilprice.com/Latest-Energy-News/World-News/Europe-Faces-Rolling-Blackouts-Amid-Energy-Crisis.html

[BottomBounce]

Dems push $25B for electric school buses, a Biden priority
https://abcnews.go.com/Health/wireStory/dems-push-25b-electrify-school-buses-biden-priority-77210245 $KXIN

[BottomBounce]

Hydrogen-powered vehicles: A realistic path to clean energy?
https://apnews.com/article/technology-joe-biden-business-environment-and-nature-climate-change-5913fff50378b5706769463a2b02dfca

[Ms Labonte]

Love that $weet$$$ it$ going to be a real party$$$$$

[BottomBounce]

In the first eight months of 2021, sales of EVs in China more than tripled to 1.48 million units compared with a 17.1% increase for the overall auto market. $KXIN

[BottomBounce]

White House plans to build 500,000 new electric vehicle (EV) charging stations across the country, part of President Joe Biden’s goal of making the vehicles more accessible for both local and long-distance trips. https://www.voanews.com/a/vp-harris-unveils-biden-administration-electric-car-charging-plan-/6352535.html $KXIN

[Ms Labonte]

The tides are turning $weet$$$ we are going up from here now$$$$$$

[Ms Labonte]

We’re going on up $weet$$$ now it$$ party time$$$$

[Ms Labonte]

Ye$ ye$ ye$$$ I got you$$$

[Ms Labonte]

I’m going all in $weet$$$$$

[BottomBounce]

Electric Vehicles: $2.6 Trillion Market $KXIN

[BottomBounce]

Biden’s $7.5 billion EV charging plan will require a lot of patience
https://www.theverge.com/2021/11/16/22765438/biden-infrastructure-bill-electric-vehicle-ev-charging-level-2 $KXIN

[Ms Labonte]

Great place great time to load em boat$$$$$

[Ms Labonte]

Goin to load em boat $weet$$$ I want em cheapie$$$$$

[PStockPickz]

Still on radar but no buyers here.

[BottomBounce]

KXIN Electric Vehicles - Whos Buying link ? https://finance.yahoo.com/quote/KXIN/holders?p=KXIN

[BottomBounce]

$2's by Friday KXIN

[BottomBounce]

Loading zone

[PStockPickz]

Doubt it but good luck here.

[BottomBounce]

POWER HOUR coming $KXIN $1.75 eod

[PStockPickz]

Where's the bulls lmao

[PStockPickz]

Now or never 1.43 almost cleared

[BottomBounce]

$KXIN Clean Energy Market Size & Market Forecast for 2026 USD $423.7 Billion

[PStockPickz]

Yep banked in premarket now averaging down. Drops under 1.40 again done with this
Good luck !

[BottomBounce]

$KXIN Mr. Mingjun Lin, Chairman and CEO of Kaixin, said: "This is another major breakthrough of Kaixin in the new energy vehicle business. We will accelerate investment and product development and strive to release prototypes in the first half of 2022 and to achieve mass production and delivery as soon as possible."

[PStockPickz]

Here it goes!!