This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Kandi Technologies Hosts The Vice Mayor Of Hangzhou And His Delegation

JINHUA, China, Nov. 5, 2013 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (Nasdaq:KNDI), announced today that on October 29 th, 2013, Mr. Wenguang Xu, the Vice Mayor of Hangzhou who is in charge of electric vehicles development, and Mr. Jilai Zhao, the Director of Municipal Commission of Economy and Information Technology, along with other government officials visited Hangzhou Public EV Sharing System's (the "Project") smart vertical parking and charging facility location. The group also visited the headquarter of Zhejiang Kandi Electric Vehicles Co., Ltd. (the "JV Company") to examine the real-time monitoring and dispatching system for the Project. Mr. Xiaoming Hu, the Chairman of Kandi & the General Manager of the JV Company provided to the delegation a detailed introduction and the progress update on the Hangzhou public EV sharing system.

(To view an image of the group visit, please visit: http://orders.newsfilecorp.com/files/2079/7299_nr-enlarged.jpg )

The Vice Mayor, Mr. Xu learned the various features for the real-time monitoring and dispatching system at the monitoring control center during the visit. He was very impressed about such an advanced technology and the reliable systematic management provided to the Project. In addition, Mr. Xu was updated that there has been so far over 30 locations chosen for building smart vertical parking and charging facilities, of which 18 locations are in the middle of construction. At present, two locations are already completed and in use. Due to the impact from the typhoon in the Hangzhou area earlier last month, the Project has been delayed, but Kandi is still seeking to maximize its effort to deliver the best result possible.

Mr. Xu indicated his affirmation and said in his remarks: "I hope Kandi will continue to work proactively to promote Hangzhou Public EV Project and help Hangzhou to become the model city for improving the efficiency of urban transportation, easing city traffic congestion and environmental pollution."

Stock quotes in this article: KNDI 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs