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Re: Callme RICK post# 157

Saturday, 12/18/2021 9:42:58 AM

Saturday, December 18, 2021 9:42:58 AM

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Kaixin jumps on a partnership agreement with Bujia for 10k new energy trucks
Dec. 16, 2021 8:08 AM ETKaixin Auto Holdings (KXIN)By: Jignesh Mehta, SA News Editor
Kaixin Auto Holdings (NASDAQ:KXIN) says Beijing Bujia International Logistics Limited ('Bujia') has agreed to order at least 10,000 new energy trucks from Kaixin over the next five years.
Bujia is China's leading automotive new retail logistics and service terminals platform.
The total dollar amount of this intention order is over $500 million.
"Our R&D team is working on product design that satisfies Bujia’s needs and is expected to be ready for release by first quarter of next year," says Mingjun Lin, Chairman and CEO of Kaixin (KXIN).
Shares of KXIN +22% premarket.
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