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Kandi Tech received new order of 100 pure EVs from Huangzhou New Energy

Kandi Tech announced that the company's wholly owned subsidiary, Zhejiang Kandi Vehicles, recently received a new order of 100 pure EVs from Hangzhou New Energy Taxi which intends to deploy all 100 EVs for its internal and marketing use. According to signed sales contract, Kandi shall deliver 100 pure EVs, model JNJ6290EV, to Hangzhou New Energy Taxi by the end of 2012. The selling price of each vehicle, without battery, is RMB 39,800 and total contract amount for the order is RMB 3.98M.