Kaixin auto holdings announces order of 10,000 electric trucks

Beijing, may 10, 2022 (globe newswire) -- kaixin auto holdings (“kaixin” or the “company”) (nasdaq: kxin) announces today that it has signed a sales order for 10,000 electric trucks with beijing shencheng biotechnology group limited (“shencheng”). shencheng will be ordering 10,000 electric trucks with a total value of us$600 million from kaixin during 2023 to 2025. the trucks will be used in its waste recycling business.
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