Kandi Technolgies Corp Common (OTC BB:KNDIE)

Kandi Technologies, Corp.
 
US NASDAQ: KNDI
 
The Zhejiang Kandi Vehicles Company (KANDI) founded in 2003, and headquartered in Zhejiang Province, The People's Republic of China (PRC) is a rapidly growing, profitable manufacturer of a wide range of high quality, fuel-efficient, specialized motorized vehicles. The Company's core business is power sports vehicles including ATV's, utility trucks, and approximately 15% of the world Go Kart market. Additionally, Kandi is focused on the manufacture, sales and service of battery powered electric vehicles (EVs). It has been selling its "COCO" low speed electric vehicle in the U.S. since 2009, and recently received approval from the Chinese government to manufacture and sell EVs in China. It anticipates that the sales and servicing of EVs will become the Company's largest business and its main contributor to profits.

Web site: http://www.kanditechnology.com

Last updated February 23, 2011