Mr. Yang jian, Vice Chairman of Geely Automobile Holdings Limited congratulates the completion of this new production and assembly line and commented, "We have full confidence with our partnership with Kandi to further expand in the electric vehicle market. With years of exploration, Geely has accumulated rich experience and technological reserves in R&D and marketing of electric vehicles. We believe that the pure electric vehicle industry will witness a great prospect of remarkable growth in the future".
About Geely Automobile Holdings Limited
Geely Automobile Holdings Limited (Hong Kong Stock Exchange: 175) is engaged in the research and development, production and sales of automobiles. Geely has the capacity to produce 600,000 vehicles, engines and gearboxes per year. Geely's pure electric vehicle project has received the national government's support and was admitted on the 2012 List of Supported Projects for Technology Innovation in New Energy Vehicle Industry by Ministry of Industry and Information Technology of China (MIIT).
About Kandi Technologies Group, Inc.
Kandi Technologies Group, Inc. (Nasdaq:KNDI), headquartered in Jinhua, Zhejiang Province, is engaged in the research and development, manufacturing and sales of various vehicles. Kandi has established itself as the one of the world's largest manufacturer of pure electric vehicles (EVs), Go-Kart vehicles, all-terrain vehicles (ATVs) and tricycle and utility vehicles (UTVs), among others. More information can be viewed at its corporate website is
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CONTACT: Kandi Technologies Group, Inc.