Tag Archives: coco electric car

China’s Kandi Technologies (KNDI) Gets US Tax Credit Approval For COCO Electric Car

China electric car manufacturer Kandi Technologies (KNDI) is announcing this morning that the US Dept of Treasury has approved its low speed, convertible electric vehicle for meeting the requirements of a Qualified Plug-In Electric Vehicles which gives purchasers of the vehicle a tax credit of $4,434.  It should be noted that this is only valid for this year, but the company is confident the certification will be extended to next year.

Said the CEO, “While … Read the rest