Kandi Technologies (KNDI) unveiled its new KD5011 electric car at a grand opening ceremony for Hangzhou’s first New Energy Vehicle Showroom on March 29th.  The KD5011 is a government approved all electric car that improves upon earlier models with better range.  The affordable vehicle (below $5k after government subsidies) in theory will be able to travel up to 150 miles on a single charge.

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