Kandi Technologies Announces Two New Pure Electric Community Vehicles to be Launched in the American Market
11/05/2019
JINHUA, CHINA-- (November 4, 2019) - Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that the Company has newly developed two new mini pure electric vehicle (“EV”) models. The first model is a four-wheeled mini pure EV. The second model is a three-wheeled mini pure EV. These vehicles are intended for use in residential settings to meet U.S. market demand according to DGL Group Inc. (USA) (“DGL Group”)’s market analysis research. After Kandi has undergone several rounds of technical and performance tests on the mini EVs, five of each mini EV model prototypes are completed and ready to be shipped to DGL Group for further tests in the beginning of this month.
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Mr. Hu Xiaoming, Chairman of Kandi commented:“the successful development of these twomini EV models within such a short time periodis a strong indicator ofthe Company’s capability of producing intelligent electric transportation products by leveraging our expertise in manufacturing off-road vehicles. We are confident in DGL Group’s sales competence and our broader potential cooperation in the future.”
Mr. Hu Xiaoming, Chairman of Kandi commented:“the successful development of these twomini EV models within such a short time periodis a strong indicator ofthe Company’s capability of producing intelligent electric transportation products by leveraging our expertise in manufacturing off-road vehicles. We are confident in DGL Group’s sales competence and our broader potential cooperation in the future.”
