BEIJING, July 29, 2022 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) proclaims as we speak that it held the launch ceremony of the “TECROLL” model in Beijing on July 28, 2022, which is the primary mannequin of new power business autos launched by Kaixin. A supply ceremony was held on the launch.
The mannequin of electrical logistics vehicles is customized and made for Beijing Bujia Technology Co., Ltd. (“Bujia”). The truck is made of aluminum with a complete mass of 4.5 tons. It can be utilized in numerous situations together with passenger automotive hauling and emergency rescue. Its core electrical components far exceed the configurations of related gentle vehicles, with quick acceleration, sturdy climbing and low power consumption.
Mr. Guohua Yuan, president of Bujia, stated, “Through its ‘customized product + service’ solution, Kaixin meets our needs in logistics turnover efficiency and cost reduction in a targeted manner. The cooperation with Kaixin generates a synergy effect with our internal efforts in operating process optimization, helping Bujia to create more ecological value for the vehicle logistics industry.” The annual gross sales quantity of business autos in China reaches 5 million items with a market dimension of trillion RMBs. The launch of Tecroll is an efficient begin for Kaixin to enter the brand new power autos market.
About Kaixin Auto Holdings
Kaixin Auto Holdings is one of the first dealership networks within the premium used automotive section and new automotive gross sales in China. Supported by the fast progress of China’s used automotive market and leveraging its personal hybrid business mannequin that provides each sturdy on-line and offline presence, Kaixin is within the course of of remodeling from a nationwide dealerships community to at least one of the necessary gamers in China’s electrical automobile market.
Safe Harbor Statement
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For extra data, please contact:
Kaixin Auto Holdings
Investor Relations
Email: [email protected]
SOURCE: Kaixin Auto Holdings
