Kaixin Auto Holdings has announced that the company’s new energy commercial vehicle (EV) headquarters has been put into operations in Suzhou City, Anhui Province.
Kaixin’s EV business department has settled in Suzhou and quickly entered into operations. The business-friendly environment and various stimulus measures granted by the local government are expected to provide significant benefits to efficient development of the company’s EV business. The recent release of the TECROLL EV brand and the delivery of the first electric logistics truck in July marks a remarkable achievement, the company says.
Kaixin says it will keep pushing forward in its efforts to improve strategic planning and overcome the bottle necks in order to realize prompt mass production of new energy commercial trucks.
Anhui Province is among the few Chinese provinces that provide the biggest support to new energy vehicle industry. Suzhou city council has adopted the new energy industrialization project into its “14th Five-Year Plan.” The Suzhou government attaches great importance to the landing of Kaixin’s new energy commercial vehicle headquarters in the city and has offered numerous supports and preferential policies to the EV business in a “case by case evaluation” approach.