Kandi Technologies has just announced that, after an extensive testing process, they have received government approval to sell their COCO electric vehicle to Chinese consumers and government agencies.
In a press release, Mr. Xiaoming Hu, Kandi’s Chairman and CEO, commented on the news:
“This was a long awaited announcement for us, culminating years of effort to develop and market in China an economical all electric vehicle meeting government standards that could become one of … Read the rest
Kandi Technologies, Corp just announced that it will be introducing a new COCO model electric car, the COCO KD18E hardtop, to the American market. The vehicle will be distributed by Kandi’s US distributor, SOLUS INTERNATIONAL CORPORATION, and Kandi has received confirmation from the IRS that it will be eligible for a 10% tax credit.
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In a press release Mr. Xiaoming Hu, Chairman and CEO of the … Read the rest
Kandi Technologies (KNDI) which is ramping up production of its all electric COCO vehicle and made its first sale to the China postal service last week, reported earnings this morning that were about flat with the year ago quarter. The company says that the impact of the global recession is slowing which will be good for the company, but they continue to focus on China where the recovery is moving faster. They did acknowledge … Read the rest
Kandi Technologies (KNDI) is announcing this morning that it has sold the first 30 of its all electric COCO super minis in China to the local postal service in Jinhua City.
The CEO called it a milestone event that could represent the beginning of a long relationship with the Postal Service in China nationwide. The government has urged other public services to upgrade their vehicles as well to cleaner, fuel efficient options, so there are … Read the rest