Kandi Technologies Announces the Launch of "Mini Police Car" Program in Hangzhou
Jinhua, China--(Newsfile Corp. - January 14, 2015) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that the first 60 Kandi Brand electric vehicles ("EV"s) were delivered to launch another innovative EV business model, a "Mini Police Car" Program. The EVs are designated for the first time use by the Hangzhou Uptown Public Security Bureau to facilitate performance of community safety patrols, population permit patrols, fire safety inspections, as...
2015-01-14 9:25 AM EST
Kandi Technologies Reports Chairman Hu's Attendance at Geely & Xin Dayang's EV Joint Venture Press Conference and EV Lanzhou Facility Launching Ceremony
Jinhua, China--(Newsfile Corp. - January 12, 2015) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that Hu Xiaoming, Chairman of Kandi, Li Shufu, Chairman of Geely Automobile Holdings Limited ("Geely") and other senior officials were invited to Lanzhou City to attend Xin Dayang Electric Vehicles Company Limited ("Xin Dayang JV") Press Conference and Zhidou ("Zhidou") Electric Vehicle ("EV") Lanzhou Facility Launching Ceremony on Saturday, January...
2015-01-12 9:05 AM EST
Kandi Technologies Announces the Expansion of Micro Public EV Sharing Program to Nine Chinese Cities with 14,398 Pure EVs Delivered as of the End of 2014
Jinhua, China--(Newsfile Corp. - January 7, 2015) - Kandi Technologies Group, Inc. (Nasdaq GS: KNDI) (the "Company" or "Kandi") , today announced that since the initial launch of micro public EV Sharing Program (the "Car-Share Program") in Hangzhou in the second half of 2013, the Car-Share Program has rapidly expanded and is now available in Shanghai, Chengdu, Nanjing, Guangzhou, Wuhan, Changsha, Changzhou, and Rugao. As of the end of 2014, there have been a total of 9,852 Kandi Brand...
2015-01-07 9:15 AM EST
Kandi Technologies Group Plans to Deliver Up to 5,000 Kandi Brand Electric Vehicles in Chengdu City
Jinhua, China--(Newsfile Corp. - December 29, 2014) - Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that Kandi Electric Vehicles Group Co., Ltd.* (the “JV Company”), Dongchuang Jianguo Auto Group (“E-Kingo”), a well-known local car dealer, and ZuoZhongYou (Chengdu) Electric Vehicle Service Co., Ltd. (“ZZY-Chengdu”), a leasing company signed a strategic cooperation agreement for the sale and lease of a total of 5,000 Kandi brand electric vehicles...
2014-12-29 9:15 AM EST
China's Science and Technology Minister Wan Gang Reinforces the Value and Importance of Kandi's Innovative Micro Public EV Time-Sharing Business Model
Jinhua, China--(Newsfile Corp. - December 23, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that a seminar on China's innovative electric vehicle business model for the public transportation was hosted in Hangzhou on December 19. The top Chinese government officials, and other environmental and transportation experts including China's Science and Technology Minister Wan Gang attended the event. The delegation group visited the headquarter...
2014-12-23 9:34 AM EST
Kandi Technologies Announces 2014 Annual Shareholders Meeting
Jinhua, China--(Newsfile Corp. - December 18, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that its 2014 annual meeting of shareholders (the "Annual Meeting") will be held on Tuesday, December 30, 2014, at 9:00 p.m. local time (December 30, 2014, at 8 a.m. E.T.) at KANDI TECHNOLOGIES' executive office, located at 5F, Tower 3, Xixixinzuo, No. 550 Xixi Road, Xihu District, Hangzhou City, Zhejiang Province, China 310013. The record date to...
2014-12-18 2:03 PM EST
Kandi Announces the Sale and Delivery of 700 Kandi Brand Electric Vehicles in Guangzhou City
Jinhua, China--(Newsfile Corp. - December 18, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") , today announced that Zhejiang JiHeKang Electric Vehicle Sales Co., Ltd. ("JiHeKang Sales"), a wholly owned subsidiary of Kandi Electric Vehicles Group Co., Ltd. (the "JV Company")* and Guangzhou MingZhi Auto Trade Co., Ltd. ("Guangzhou Mingzhi"), a local auto distributor in Guangzhou, signed a contract for sale of 700 Kandi brand electric vehicles ("EVs") in...
2014-12-18 9:00 AM EST
Kandi Announces the Sale and Delivery of 1,000 Kandi Brand Electric Vehicles to Chengdu City
Jinhua, China--(Newsfile Corp. - December 17, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company")* completed the sale and delivery of 1,000 Kandi brand electric vehicles ("EVs") to the leasing company, ZuoZhongYou (Chengdu) Electric Vehicle Service Co., Ltd. ("ZZY-Chengdu"), a wholly owned subsidiary of Zhejiang ZuoZhongYou Electric Vehicle Service Co., Ltd. ("ZZY") on December 16....
2014-12-17 9:00 AM EST
Kandi Technologies Signs Purchase Contract with Tianneng Power International Limited
Jinhua, China--(Newsfile Corp. - December 15, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles"), the Company's wholly-owned subsidiary in China, signed a purchase contract with Zhejiang Tianneng Energy Technology Co, Ltd ("Tianneng Energy Technology"), a wholly-owned subsidiary of Tianneng Power International Limited (0819.HK), China's leading manufacturer of batteries, for a one-year...
2014-12-15 12:23 PM EST
Kandi Technologies Group Announces JVs Receipt of Approximately US$31.8 Million Subsidy from Chinese National Government for EV Sales in the Second Quarter
Jinhua, China,--(Newsfile Corp. - December 4, 2014) - Kandi Technologies Group, Inc. (Nasdaq GS: KNDI) (the "Company" or "Kandi") , today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company"), the manufacturer of Kandi Brand electric vehicles ("EVs"), has received a national subsidy of RMB195.4 million (approximately US$31.8 million) for sales of 4,114 EVs during the second quarter of 2014. The JV Company is a 50/50 joint venture between Kandi and Geely Automobile....
2014-12-04 9:31 AM EST
Kandi's First Mid-tier Luxury Pure Electric Vehicle Received Approval From Ministry of Industry and Information Technology of China
Jinhua, China--(Newsfile Corp. - November 25, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that SMA7002BEV05 the first Mid-tier Luxury Pure Electric Vehicle developed by Kandi Electric Vehicles Group Co., Ltd.* (the "JV Company") has been approved by Ministry of Industry and Information Technology of the People's Republic of China ("MIIT") according to No. 69 public announcement of MIIT. The SMA7002BEV05 model is among the latest...
2014-11-25 9:00 AM EST
Kandi Technologies Group Announces the Initial Delivery of its Pure Electric Vehicles to Wuhan Market
Jinhua, China--(Newsfile Corp. - November 17, 2014) - Kandi Technologies Group, Inc. (Nasdaq GS: KNDI) (the "Company" or "Kandi"), today announced that Kandi has delivered its initial order of 64 Kandi EVs (32 of each SMA7000BEV and SMA7001BEV) to Wuhan. This is the fifth city that Zhejiang ZuoZhongYou Electric Vehicle Service Co., Ltd. ("ZZY") has promoted the Car-Share business model. Wuhan is the capital of Hubei Province and the main hub of central China with a population of over 10...
2014-11-17 9:00 AM EST
Kandi Technologies Announces Third Quarter 2014 Financial Results
Jinhua, China--(Newsfile Corp. - November 10, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced its financial results for the third quarter ended September 30, 2014. Financial Highlights:...
2014-11-10 9:21 AM EST
Kandi's JV Entered Strategic Partnership with Ant Financial Services Group to Launch Electric Payment Service for its Car-Share Program
Jinhua, China--(Newsfile Corp. - November 3, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Shanghai Maple Guorun Automobile Co., Ltd., a 99% owned subsidiary of Geely Automobile Holdings Ltd.) signed a Strategic Cooperation Framework Agreement with Ant Financial Services Group ("Ant Financial") to launch Alipay and Alipay Wallet...
2014-11-03 9:00 AM EST
Kandi Technologies Group Plans to Deliver 1,000 Kandi Brand Electric Vehicles to Launch the Car-Share Program in Chengdu
Jinhua, China--(Newsfile Corp. - October 30, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that the Car-Share Program is expected to be launched in Chengdu with the delivery of 1,000 Kandi brand electric vehicles before the year-end. Chengdu is the provincial capital of Sichuan province in Southwest China with over 14 million inhabitants. Being one of the most important centers for economic, technology, communication, and education in...
2014-10-30 8:30 AM EDT
Kandi Technologies to Host an Investor and Analyst Event on November 12, 2014
Jinhua, China--(Newsfile Corp. - October 27, 2014) - Kandi Technologies Corp. (NASDAQ GS: KNDI) (the "Company" or "Kandi") , today announced it will host an investor and analyst event on Wednesday, November 12, 2014 at Hyatt Regency Hotel in San Francisco. The event which is scheduled to begin at 9:00 a.m. PT, and end at approximately 11:30 a.m. PT, will include presentations from Mr. Xiaoming Hu, Chairman & CEO of Kandi as well as a Q&A session. Mr. Hu will...
2014-10-27 9:00 AM EDT
Two Kandi Pure Electric Vehicle Models Are Included in Shanghai's Subsidy Policy for Renewable Energy Vehicles
Jinhua, China--(Newsfile Corp. - October 13, 2014) - Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (Nasdaq GS: KNDI), today announced that the Shanghai’s local subsidy policy for renewable energy vehicles was released by Shanghai Municipal Commission of Economy and Information after China’s National Day Holiday Week, There are three vehicle models chosen, two of which are Kandi’s SMA7000BEV and SMA7001BEV models. As a result, the purchaser of these two models in Shanghai will be...
2014-10-13 10:11 AM EDT
Kandi's New Pure Electric Vehicle Model "Cyclone" Expected to Launch at Year End
Jinhua, China--(Newsfile Corp. - October 6, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that its new pure electric vehicle model KD17 "Cyclone", jointly developed by Kandi and Geely Automobile Holdings Ltd. ("Geely"), passed the evaluation done by the executive team of Kandi Electric Vehicles Group Co., Ltd, the joint venture formed by Kandi and Geely's 99%-owned subsidiary, on September 30, 2014.
2014-10-06 8:30 AM EDT
Kandi Technologies Reports Plan to Launch the Car-Share Program in Nanjing with its Brand Electric Vehicles
Jinhua, China--(Newsfile Corp. - October 2, 2014) - Kandi Technologies Group, Inc. (Nasdaq GS: KNDI) (the "Company" or "Kandi"), today announced that the Kandi-brand SMA7001BEV pure electric vehicle passed the Nanjing local inspection for the licensed plate at the end of September. ZuoZhongYou (Nanjing) Electric Vehicle Service Co., Ltd. ("ZZY-Nanjing"), a wholly owned subsidiary of Zhejiang ZuoZhongYou Electric Vehicle Service Co., Ltd. ("ZZY", which the Company indirectly owns a 9.5%...
2014-10-02 8:30 AM EDT
Kandi Technologies Announces the Closing of a Registered Direct Placement for $71 Million of Common Stock and Warrants
Jinhua, China--(Newsfile Corp. - September 5, 2014) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that it closed a registered direct placement with certain institutional investors and raised $71 million from selling its common stock at a price of $17.20 per share on September 4, 2014. The Company issued a total of 4,127,908 shares to the institutional investors. As part of the transaction, the Company also issued to the investors warrants for...
2014-09-05 9:00 AM EDT