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Stock Market & Financial Investment News

News Breaks
July 14, 2014
08:22 EDTKNDIKandi Technologies announces JV's sale of 4,114 EVs in Q2
Kandi Technologies announced that Kandi Electric Vehicles Group, which is a 50/50 joint venture between the company and Shanghai Maple Guorun Automobile, a 99% owned subsidiary of Geely Automobile Holdings, sold 4,114 Kandi brand Electric Vehicles, or EVs, during Q2, a 238% increase from 1,215 EVs in Q1.
News For KNDI From The Last 14 Days
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April 29, 2015
09:26 EDTKNDIChina electric car subsidies roll back quicker than expected, Reuters says
A final version of a Chinese policy statement confirmed a previously released draft in showing that the country will cut back on its subsidies for electric vehicles more quickly than expected, according to Reuters. China will scale back its 2016 subsidy levels by 20% in 2017-2018 and by 40% in 2019-2020, the report noted. Companies that sell electric vehicles in China include Tesla (TSLA) and Kandi (KNDI). Reference Link

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