JINHUA, China, Sept. 23, 2013 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the 'Company' or 'Kandi') (Nasdaq:KNDI), today announced that Zhejiang Kandi Vehicles Co. Ltd. ("Kandi Vehicles"), a wholly owned subsidiary of Kandi has completed the acquisition of certain assets for electric vehicle ("EV") production pursuant to an Assets Purchase Agreement (the "Agreement"), announced on March 4th between Kandi Vehicles and Zhejiang New Energy Vehicle System Co., Ltd. ("New Energy").
Kandi Technologies Announces The Completion Of The EV Asset Acquisition
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