Kaixin Auto Holdings Announces Export Intention Order of 1,000 EVs

Group 1 - Kaixin Auto Holdings has received an intention order to export 1,000 new energy vehicles in SKD mode to New Power Auto in Myanmar, with the first batch of 100 vehicles to be shipped shortly [1] - Kaixin has secured a five-year authorization from New Power Auto as its strategic partner for exporting complete and SKD vehicles from China [1] - New Power Auto, founded in 1982, operates in various sectors including automotive trade, manufacturing, and logistics, and has established a strong market presence in Myanmar [1] Group 2 - The chairman and CEO of Kaixin, Mr. Mingjun Lin, emphasized that new energy vehicles are a key driver for China's automobile export growth and that this partnership represents a significant business breakthrough for the company [2] - Kaixin's strategic focus for 2024 includes overseas expansion into new markets [2] Group 3 - Kaixin Auto Holdings is recognized as a leading new energy vehicle manufacturer in China, with a strong emphasis on R&D, production, and marketing [3] - The company produces various electric passenger and logistics vehicle models and aims to enhance its competitive international market position [3] - Kaixin is committed to innovation and sustainability, contributing to the goals of peak carbon emissions and carbon neutrality [3]