Li Guoliang, Deputy Governor of Hainan Province, Tours Kandi’s Hainan Facility
Jinhua, China - (September 1, 2017) - Kandi Technologies Group, Inc. (the "Company" or "Kandi") (NASDAQ GS: KNDI), today announced that Mr. Li Guoliang, Deputy Governor of Hainan Province, along with other political leaders from the Provincial Department of Commerce, the Provincial Tourism Commission, the Provincial Culture Department, Haikou City and the Haikou High-Tech Zone, toured the Kandi Electric Vehicles (Hainan) Co., Ltd. production facility (the “Hainan Facility”) on August 29, 2017.

Li Guoliang (center), Deputy Governor of Hainan Province
Mr. Yao Wei, the Deputy General Manager of the Hainan Facility, escorted the group and provided Deputy Governor Li and the other delegates with an overview of the Hainan Facility, highlighting progress updates on the Hainan Facility’s first prototype of pure electric vehicle, Model K23. Kandi’s Model K23 incorporates internationally-recognized advanced driver technology, and features a touchscreen control interface, high-pressure 4-in-1 power controls, an automated collision prevention system, an ultra lightweight structure, increased motor efficiency, a superior battery-energy ratio, and wireless internet capabilities, among other exciting features. The Model K23 has a wheelbase of 2.65 meters and a maximum speed of 100 km/h, and drivers can choose between driving ranges of 150 km or 250 km, according to intended use, whether as family transportation or for use as part of a car-hailing service. Deputy Governor Li was impressed with the progress the Hainan Facility has achieved and praised the development of the Model K23. At the end of his visit, he encouraged Kandi to accelerate its pace in research and development, and urged to us to continue to innovate new vehicle types to satisfy market demand for electric vehicles. Deputy Governor Li also reaffirmed the Hainan Provincial Government’s continuous support for Kandi’s renewable energy vehicle development.

Kandi Model K23