Kandi Unveils K32 Premium Fully Enclosed Electric 4WD Utility Terrain Vehicles in Hainan Factory
May 24 2021 - 9:15AM
Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”)
(NASDAQ GS: KNDI), today unveiled five prototypes of its new K32
Utility Terrain Vehicle (“UTV”), producedat its factory in Hainan,
China. The K32 is a premium UTV, featuring pure electric
four-wheel-drive propulsion and a fully enclosed cockpitwith air
conditioning. Kandi intends to begin sales of the K32 in the U.S.
in 2021.
The Kandi K32 UTV offers a premium experience in
UTVs. Excellent off-road performance is delivered by its dual-motor
four-wheel drive design. The fully enclosed cockpit creates
delightful comfort not typical for a UTV, including a built-in
intelligent interactive system, integrated infotainment, and
refreshingly strong air conditioning. Rider comfort is ensured with
ample size: the K32 length is 18 feet, with 6 feet width and 7 feet
height. With a gross vehicle weight ofover 5000 lbs, the powerful
battery system can support a driving range of over60 miles, based
on the NEDC working conditions method.
About Kandi Technologies Group,
Inc.
Kandi Technologies Group, Inc. (KNDI),
headquartered in Jinhua Economic Development Zone, Zhejiang
Province, is engaged in the research, development, manufacturing,
and sales of various vehicular products. Kandi conducts its primary
business operations through its wholly-owned subsidiary, Zhejiang
Kandi Technologies Group Co., Ltd. (“Zhejiang Kandi Technologies”),
formerly, Zhejiang Kandi Vehicles Co., Ltd.) and its subsidiaries
including Zhejiang Kandi Smart Battery Swap Technology Co., Ltd,
and SC Autosports, LLC (d/b/a Kandi America), the wholly-owned
subsidiary of Kandi in the United States, and its wholly-owned
subsidiary, Kandi America Investment, LLC. Zhejiang Kandi
Technologies has established itself as one of China's leading
manufacturers of pure electric vehicle parts and off-road
vehicles.
More information about KNDI is available on the
Company's corporate website at http://www.kandivehicle.com. The
Company routinely posts important information on its website.
Safe Harbor Statement
This press release contains certain statements
that may include "forward-looking statements." All statements other
than statements of historical fact included herein are
"forward-looking statements." These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions, involving known and
unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including the risk factors discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on the SEC's website (http://www.sec.gov).
All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their
entirety by these risk factors. Other than as required under the
applicable securities laws, the Company does not assume a duty to
update these forward-looking statements.
Follow us on Twitter: @ Kandi_Group
Contacts:
Kandi Technologies Group,
Inc.Ms. Kewa Luo+1 (212) 551-3610IR@kandigroup.com
The Blueshirt GroupMr. Gary
Dvorchak, CFAgary@blueshirtgroup.com
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