Replies to post #156 on Kaixin Holdings (KXIN)

[Callme RICK]

Kaixin Auto higher as POCCO EV sales exceed 20,000 units
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