Kaixin auto holdings announces intention order for 5,000 electric vehicles for health services

Beijing, aug. 16, 2022 (globe newswire) -- kaixin auto holdings (“kaixin” or the “company”) (nasdaq: kxin) announces today that it has signed a strategic partnership agreement with national kangyuan technology co., ltd. ("national kangyuan"), which commits to purchase 5,000 new energy vehicles custom made for public health services over the next three years. the total amount of this intention order is about rmb 2 billion (equivalent to usd$295 million).
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