China’s Kaixin Auto receives export intention order of 1,000 EVs (NASDAQ:KXIN)


Robot assembly line with electric car battery cells module on platform

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  • China based new energy vehicle manufacturer and sales platform Kaixin Auto Holdings (NASDAQ:KXIN) Tuesday said that it has received an intention order to export 1,000 new energy vehicles in SKD mode to New Power Auto in Myanmar.
  • The first batch of 100 vehicles will be shipped to Myanmar shortly.
  • Moreover, Kaixin Auto Holdings (KXIN) has also obtained a five-year authorization from the Myanmar company as its strategic partner for the export of complete and SKD vehicles from China.
  • KXIN +1.72% premarket to $0.77
  • Source: Press Release

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