Kaixin Auto

  • Sputtering WM Motor changes lanes with new US listing plan

    Following the collapse of its Hong Kong backdoor listing, WM Motor is pinning its hopes on a potential merger with the US-listed Kaixin Auto.

  • Kaixin Auto plans to acquire WM Motor as financially troubled EV maker drops plan for backdoor listing in HK

    Kaixin Auto has signed a non-binding letter of intent to acquire 100 percent of WM Motor from its shareholders by issuing a certain number of new shares.

  • Kaixin Auto says it secures new order for 10,000 electric trucks

    Kaixin Auto rose about 15 percent in pre-market trading Thursday.

  • Kaixin Auto says it gets over $500 million in new energy truck orders

    Kaixin's shares rose over 30 percent in early trading after the announcement.

  • Kaixin Auto unveils strategic plan for NEVs

    Kaixin's shares rose about 20 percent in pre-market trading before narrowing to less than 4 percent.

  • Kaixin Auto to acquire EV maker to speed up its car-making ambitions

    Kaixin Auto closed down 1.85 percent to $3.19 on Thursday. The stock rose about 88 percent since August 5.

  • Kaixin Auto announces entry into NEV space, shares soar 30% pre-market

    Kaixin Auto Holdings, a US-listed Chinese used car dealership, announced Friday that it has decided to set up a new energy vehicle business unit that will include new energy vehicle development, production and marketing teams.

  • Kaixin Auto up 70% pre-market as it announces its subsidiary's proposed merger with Haitaoche

    US-listed Kaixin Auto Holdings (KXIN.US) today announced the signing of a binding letter of intent to invest and a management restructuring with Haitaoche Limited on November 3.