RTTNews | Dec 23, 2021 07:28AM EST

07:28 Thursday, December 23, 2021 (RTTNews.com) - Kaixin Auto Holdings (KXIN), a new auto retail platform for luxury used cars and imported new cars in China, said on Thursday that it has signed a deal with Beijing Shencheng Biotechnology Group Limited, to sell 10,000 customized new energy trucks over the next five years, for a total value of around $250 million.

Shencheng is a biotechnology company engaged in waste sorting and recycling in China. It expects to purchase a large number of customized new energy trucks for its environmental protection and resource recycling projects in the next five years.

Read the original article on RTTNews ( https://www.rttnews.com/3251316/kaixin-strikes-250-mln-deal-with-shencheng-to-supply-10000-electric-trucks.aspx)

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