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Saturday, December 18, 2021 9:41:59 AM
Nov. 15, 2021 8:28 AM ETKaixin Auto Holdings (KXIN)By: Niloofer Shaikh, SA News Editor
Kaixin Auto Holdings (NASDAQ:KXIN) shares +13.5% premarket as the sales volume of its POCCO electric vehicle models in October reached 8,661 units, of which sales of the DuoDuo and MeiMei models accounted for 5,627 and 3,034 units respectively, a 33.7% and 12.2% increase over September.
As of October, total sales of POCCO EV models exceeded 20,000 units.
Mr. Mingjun Lin, Chairman and CEO of Kaixin said: “Mini cars and mid-size cars have become the two main stream models of new energy vehicle sales in China. This year marks a turning point for China's new energy vehicles to transform from policy-driven to market-driven.”
The company has earlier signed a binding term sheet to acquire Yujie. The brand has launched two EV models under the POCCO brand, namely MeiMei in March of 2021 and DuoDuo in August.
Now Read: Kaixin jumps on a partnership agreement with Bujia for 10k new energy trucks
https://seekingalpha.com/news/3780721-kaixin-jumps-on-a-partnership-agreement-with-bujia-for-10k-new-energy-trucks
Recent KXIN News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/28/2024 11:00:58 AM
- Kaixin Auto Holdings Announces Name Change • GlobeNewswire Inc. • 04/09/2024 11:00:00 AM
- Kaixin Auto Holdings Announces Annual General Meeting Results • GlobeNewswire Inc. • 03/12/2024 08:00:00 PM
- Kaixin Auto Holdings Announces Myanmar Order of 1,000 EVs • GlobeNewswire Inc. • 03/04/2024 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/29/2024 09:02:29 PM
- Kaixin Auto Holdings Announces Receipt of Nasdaq Letter Regarding Minimum Bid Price • GlobeNewswire Inc. • 02/05/2024 09:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/02/2024 09:00:44 PM
- Kaixin Auto Holdings Announces 2024 Annual Meeting of Shareholders • GlobeNewswire Inc. • 02/02/2024 09:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 09:00:26 PM
- Kaixin Auto Holdings Announces Appointment of Director • GlobeNewswire Inc. • 01/31/2024 09:00:00 PM
- Kaixin Auto Holdings Announces Partnership with DeepBlue AI Technology to Develop AI EVs • GlobeNewswire Inc. • 01/31/2024 09:00:00 AM
- Kaixin Auto Holdings Announces Export Intention Order of 1,000 EVs • GlobeNewswire Inc. • 01/30/2024 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/11/2024 11:02:36 AM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 01/09/2024 09:01:01 PM
- Kaixin Auto Holdings Announces Establishing AI Automobile Research Institute to Formulate AI Development Strategy • GlobeNewswire Inc. • 12/11/2023 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/16/2023 11:32:34 AM
- Kaixin Auto Holdings Announces Supplements to Unaudited First Half 2023 Financial Results • GlobeNewswire Inc. • 11/16/2023 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/07/2023 09:00:19 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 11/07/2023 01:00:24 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/07/2023 11:01:30 AM
- Kaixin Auto Holdings Announces Resignation of Director • GlobeNewswire Inc. • 11/06/2023 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/03/2023 08:00:10 PM
- Kaixin Auto Holdings Announces Unaudited First Half 2023 Financial Results • GlobeNewswire Inc. • 11/03/2023 08:00:00 PM
- Kaixin Auto Holdings Announces Receipt of Nasdaq Letter Regarding Regaining Compliance with Minimum Bid Price Requirement • GlobeNewswire Inc. • 09/29/2023 11:00:00 AM
- Six Strengths of WM Motor that Attracted Kaixin Auto Holdings to the Proposed Acquisition • GlobeNewswire Inc. • 09/20/2023 11:00:00 AM
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