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Re: Callme RICK post# 158

Saturday, 12/18/2021 9:44:43 AM

Saturday, December 18, 2021 9:44:43 AM

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(Notice Date. Showing the plan) Kaixin Auto releases strategic plan for new energy vehicles
Dec. 01, 2021 8:54 AM ETKaixin Auto Holdings (KXIN)By: Pranav Ghumatkar, SA News Editor
Kaixin Auto Holdings (NASDAQ:KXIN) gains premarket as it officially released its new energy vehicle strategic plan which contains three key components.
The Co. will quickly expand its new energy vehicle team and start with developing medium-sized commercial new energy vehicles for intra-city and inter-city logistics applications in the initial stage.
The production and sales target for the three-year period in 2022-2025 is set at 50,000 new energy vehicles.
Kaixin will accelerate the goal of becoming a leading new energy vehicle company through mergers and acquisitions.
KXIN +5.26% premarket to $1.80.
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