18 Jul '12, 10pm

Kandi EV gets 20,000 orders in Hangzhou, China

Kandi Vehicles Co., Ltd. Signed a Cooperative Letter of Intent With China Aviation Lithium Battery Co., Ltd. to Promote 20,000 Pure Electric Vehicles in Hangzhou 2012-07-18 10:23:00 JINHUA, China, July 16, 2012--Kandi Technologies Corp. (the "Company" or "Kandi") (NASDAQ: KNDI), a leading Chinese manufacturer and developer of pure electric vehicles (EVs) and all-terrain vehicles (ATVs), today announced that the Company's wholly owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. signed a cooperative letter of intent ("LOI") with China Aviation Lithium Battery Co., Ltd. ("CALB"), a subsidiary of Aviation Industry Corporation of China ("AVIC") in Beijing to promote 20,000 pure electrical vehicles in Hangzhou. Cooperation forum of municipal government and state-owned enterprise was held in Being on July 10th ,2012. There were over ten Strategic Cooperation LOIs signed between...

Full article: http://green.autoblog.com/2012/07/18/kandi-ev-gets-20-000...

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