First Batch of Kandi’s EX3 Model Pure EV Launch on Market
09/27/2018
JINHUA, CHINA--(September 26, 2018) - Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a joint venture owned by Kandi Vehicles, Geely Group and Geely Group (Ningbo) Ltd. 50%, 26.08%, and 23.92% respectively), hosted a ceremony for the launch of the first batch of Kandi model EX3 pure electric vehicles at Shanghai facility on September 25, 2018.
Kandi Pure EV Model EX3 Launch Ceremony
Geely Global Hawk EX3, developed by the JV Company is a model that has excited mass consumers since its release. Furthermore, a great amount of dealers have expressed their interest and confidence in the EX3. Following the receipt of approvals from MIIT (China's Ministry of Industry and Information Technology) for Directory of New Products, Recommended Models for New Energy Vehicles, and the Tax Exemption Directory, the JV Company has officially begun the sale of model EX3.
Mr. Hu Xiaoming, Chairman and CEO of Kandi commented, “we focus on the importance of quality, brand reputation, and customer experience. After repeated testing and polishing, the EX3 is finally ready to be introduced to the market. We are very pleased to launch the EX3 in autumn, the season of harvest. We believe this model will live up to the efforts of Company staff and meet the expectations of shareholders by generating a greater improvement in Kandi’s forthcoming sales performance.”
