Global Low-Speed Electric Vehicle Market to Hit Valuation of USD 33.48 Billion By 2032, at 22.5% CAGR: Astute Analytica [Yahoo! Finance]
Kaixin Holdings - Ordinary Shares (KXIN)
Company Research
Source: Yahoo! Finance
China dominates production, with a focus on both personal and commercial LSEVs. Technological advancements in batteries and efficiency are boosting consumer appeal, while government support and the need for last-mile delivery solutions further fuel market expansion. New Delhi, March 27, 2024 (GLOBE NEWSWIRE) -- As per the latest research by Astute Analytica, the global low-speed electric vehicle market is projected to surpass US$ 33.48 billion by 2032, up from US$ 5.39 billion in 2023, at a CAGR of 22.5% during the forecast period 2024–2032. The global low-speed electric vehicle (LSEV) market has experienced significant expansion recently. This growth is evident in the impressive sales figures, with over 3.13 million units sold worldwide in 2022 alone. China has emerged as a dominant player in the LSEV market, with its top three manufacturers producing over 600,000 units annually. This production caters to both personal and commercial use, with approximately 500,000 units designed
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News
- Kaixin Holdings Full Year 2023 Earnings: US$2.34 loss per share (vs US$6.35 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Kaixin Auto Holdings Announces Name Change [Yahoo! Finance]Yahoo! Finance
- Kaixin Auto Holdings Announces Name ChangeGlobeNewswire
- Kaixin Auto Holdings Announces Annual General Meeting Results [Yahoo! Finance]Yahoo! Finance
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KXIN
Sec Filings
- 4/29/24 - Form 20-F
- 4/9/24 - Form 6-K
- 3/12/24 - Form 6-K
- KXIN's page on the SEC website