Kaixin auto holdings announces joint new energy vehicle export trading platform with china vehicle import and export corporation

Beijing, april 06, 2023 (globe newswire) -- kaixin auto holdings (“kaixin” or the “company”) (nasdaq: kxin) today announces that it has reached a strategic business partnership with china automobile import and export co., ltd. (cmc auto). leveraging on the complementary advantages of both parties, the partnership aims to build up a joint export trading platform for new energy vehicles with a target total transaction volume of usd$10.8 billion in the coming five years.
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