Kaixin Auto Holdings Announces Appointment of Mr. Lei Gu as Strategic Advisor to New Energy Vehicle Business

BEIJING, May 27, 2022 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has hired Mr. Lei Gu as the strategic advisor to lead development of its new energy vehicle business. Before joining Kaixin, Mr. Gu was senior technical expert with Ford Motor and had served as CTO and vice president of BAIC Motor, a Fortune 500 company, president of BAIC Motor Engineering Research Institute, board director and CEO of BAIC and Mercedes Benz Technology Center, president of Chery Automobile Engineering Research Institute, and president of Linktour Motor. He earned a Ph.D from Northwestern University and a Ph.D from University of Science and Technology of China as well.

Mr. Mingjun Lin, Chairman and CEO of Kaixin, said: “The development of our new energy vehicles strategy needs top technical talents, but more importantly forward-looking directional guidance. With his profound knowledge and rich experience in the automotive industry, I believe Mr. Gu will be a big boost to the implementation of Kaixin’s new energy strategy!”

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