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Stock Market & Financial Investment News

News Breaks
July 7, 2014
08:25 EDTKNDIKandi announces JV receipt of about $31.8M new energy vehicle subsidies
Kandi Technologies announced that the manufacturing subsidiary of Kandi Brand electric vehicles, Kandi Electric Vehicles Group has received a national subsidy of approximately $31.8M for sales of over 3,000 Electric Vehicles. EVs, between June and December in 2013 and sales of over 1,000 EVs during Q1. The subsidy payment includes the 2013 year-end subsidy and advance subsidy payment for Q1. The JV Company is a 50/50 joint venture between Kandi and Shanghai Maple Guorun Automobile Co., Ltd., a 99% owned subsidiary of Geely Automobile Holdings Ltd., one of China's largest automakers. Additionally, the city of Hangzhou, where the company has launched its innovative short-term EV rental and long-term EV leasing program, is expected to announce its local subsidy policy for new energy vehicles in the near future.
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September 9, 2014
09:36 EDTKNDIActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL KNDI NFLX YHOO TWTR TSLA C BAC FB MCD

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