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Kandi Technologies Reports First Quarter 2024 Financial Results

Kandi Contracts to Sell 3,000 EVs to Rideshare Partner

Press release content from Globe Newswire. The AP news staff was not involved in its creation. 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 “

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