Kandi Technologies Announces the Launch of "Mini Police Car" Program in Hangzhou
January 14 2015 - 9:27AM
Kandi Technologies Group, Inc. (Nasdaq:KNDI) (the "Company" or
"Kandi"), today announced that the first 60 Kandi Brand electric
vehicles ("EV"s) were delivered to launch another innovative EV
business model, a "Mini Police Car" Program. The EVs are designated
for the first time use by the Hangzhou Uptown Public Security
Bureau to facilitate performance of community safety patrols,
population permit patrols, fire safety inspections, as well as
other police duties.
To view an enhanced version of the Mini Police Car Launching
Ceremony, please visit:
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China's major urban areas are generally crowded and its roads
are typically narrowed and congested. The mini police car offers
the advantage of providing police with quick access into these
congested areas and small alleyways which officers driving bulkier
traditional full-size police vehicles had difficulty accessing. To
meet the specifications and requirements of the "Mini Police Car"
Program, Kandi specifically equipped these EVs with the necessary
police equipment, firefighting apparatuses, emergency kits, and
other related equipment.
Hu Xiaoming, Chairman and CEO of Kandi, commented: "This type of
mini police car is a small size vehicle with full features. It is
eco-friendly and enables policemen to navigate congested roads and
accomplish tasks more efficiently. I believe that after the launch
of the 'Mini Police Car' program, this innovative business model
will likely be replicated by more police and security departments
in Hangzhou and elsewhere, and will garner the attention of and
support from various governmental departments and agencies. In
addition to our successful EV sharing program catering average
Chinese consumers, going forward, we hope to explore more EV growth
opportunities in the area of fleet sales and leasing to large
business and government entities in China."
To view an enhanced version of this image, please visit:
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About Kandi Technologies Group, Inc.
Kandi Technologies Group, Inc. (Nasdaq:KNDI), headquartered in
Jinhua, Zhejiang Province, is engaged in the research and
development, manufacturing and sales of various vehicle products.
Kandi has established itself as the one of the world's largest
manufacturers of pure electric vehicle ("EV") products, Go-Kart
vehicles, three-wheel motorcycles and utility vehicles (UTVs),
among others. More information can be viewed at its corporate
website at http://www.kandivehicle.com. Kandi 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
securities laws, the Company does not assume a duty to update these
forward-looking statements.
CONTACT: Kandi Technologies Group, Inc.
Ms. Kewa Luo
Phone: 1-212-551-3610
Email: IR@kandigroup.com
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