Six strengths of wm motor that attracted kaixin auto holdings to the proposed acquisition

Beijing, sept. 20, 2023 (globe newswire) -- kaixin auto holdings ("kaixin" or the "company") (nasdaq: kxin) today announced that it had identified several noteworthy strengths in wm motor holdings limited ("wm motor") that attracted the company to the proposed acquisition. on september 11, kaixin announced the non-binding acquisition term sheet with wm motor to acquire 100% of equity of wm motor. as a pioneer in bringing innovative smart ev technologies to china's mainstream auto market, wm motor possesses six unique strengths.
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