Kandi Stock Sweetens Amid Car-Sharing Expansion

By | October 2, 2014

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Shares of Chinese electric vehicle maker Kandi Technologies Group (KNDI) charged up early Thursday after it announced a milestone in its plan to launch an electric vehicle ride-sharing program throughout China. Shares shot up as much as 13% after Kandi said its SMA7001BEV electric vehicle passed inspection by local officials in Nanjing at the end of September, positioning its joint venture to roll out the first all-electric vehicle car-sharing Scalper1 News

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