Kaixin Auto Holdings Announces Partnership with DeepBlue AI Technology to Develop AI EVs

January 31, 2024

https://www.globenewswire.com/news-release/2024/01/31/2820777/0/en/Kaixin-Auto-Holdings-Announces-Partnership-with-DeepBlue-AI-Technology-to-Develop-AI-EVs.html

HANGZHOU, China, Jan. 31, 2024 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ:KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that it has reached strategic cooperation intention with DeepBlue Artificial Intelligence Technology Company (“DeepBlue AI Technology”). Both have agreed to establish a joint venture to leverage the AI autonomous driving technology of DeepBlue AI Technology onto Kaixin’s mass-produced EV models to develop a new generation of AI autopilot EVs and to achieve market-oriented operations.

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