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…
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…
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…