KXIN - From R&D To Runways: Kaixin Auto Reveals Strategic Move To Own 100% Of WM Motor | Benzinga
Kaixin Auto Holdings (NASDAQ: KXIN) has signed a non-binding acquisition term sheet with WM Motor Holdings Limited and is planning to issue a certain number of new shares to acquire 100% of equity of WM Motor held by its current shareholders.
WM Motor is a smart new energy vehicle company in China with capabilities ...