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Kandi Contracts to Sell 3,000 EVs to Rideshare Partner
Kandi Technologies Group, Inc.January 28, 2021 GMT
Jinhua, China, Jan. 28, 2021 (GLOBE NEWSWIRE) Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that one of its subsidiaries, Kandi Electric Vehicles (Hainan) Co., Ltd. (Kandi Hainan) signed a contract to sell 3,000 model K23 electric cars to an operating company in its ride-sharing alliance. The cars will be deployed in the rideshare market by operator Zhejiang Ruiheng Technology Company (“Zhejiang Ruiheng”). The sale is part of Kandi’s rideshare development program “