Kandi America Announces Early Pre-Order Sales with Special Promotion
Electric vehicle manufacturer responds to
influx of consumer interest ahead of August 18 launch event
Kandi America, the U.S. subsidiary of Kandi
Technologies Group Inc. (NASDAQ GS: KNDI), an international
electric vehicle manufacturer, today announced the opening of
pre-order sales and special promotional pricing in advance of its
official August 18 virtual launch event.
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the full release here:
Pre-orders for the K27 and K23 models can be made at
www.KandiAmerica.com by submitting a fully-refundable $100 deposit
to secure the order. The vehicles will be available for delivery
starting in the fourth quarter of 2020.
“Since announcing our market launch of K27 and K23 two weeks
ago, we have received substantial interest in pre-ordering and
being among the first to own a Kandi EV,” said Johnny Tai, CEO of
Kandi America. “The Auto EVolution is well underway!”
Additionally, Kandi is offering a special promotion for the
first 1,000 pre-orders for each model. Originally priced at $19,999
MSRP, the K27 is now listed as $17,499. The K23 is discounted from
$29,999 MSRP to $27,499. With the $7,500 federal tax credit, this
brings the prices down to just $9,999 and $19,999 respectively for
“We are dedicated to our mission of providing the most
affordable electric vehicle for all Americans, regardless of their
financial situation,” said Kewa Luo, Investor Relations Director of
Kandi Technologies Group. “Through our pre-order and promotional
pricing initiative, we are expanding access to environmentally
friendly modes of transportation.”
Kandi America will unveil additional information to consumers,
dealers and other stakeholders during its virtual launch event at
10 a.m. CST on August 18. Additionally, the company will host a
giveaway during the event where one lucky winner will drive away
with a K23 model (MSRP $29,999). To register for the event and
giveaway, please visit www.DriveKandi.com. To learn more about
Kandi K27/K23 and pre-order the vehicles, go to
Last week, Kandi America announced its plans for distribution
and is seeking authorized dealer engagements and entertaining
inquiries from dealerships across the U.S.
About Kandi America
SC Autosports, LLC is the U.S. subsidiary of Kandi Technologies
Group, Inc. (NASDAQ GS:KNDI), DBA “Kandi America”. Headquartered in
Garland, Texas, Kandi America is primarily engaged in the wholesale
of off-road vehicle products and distribution of electric vehicles.
Since 2008, Kandi Technologies has been publicly traded on the
Nasdaq Stock Exchange under the symbol KNDI. Kandi Technologies
acquire SC Autosports in 2018 to be its exclusive U.S. distributor.
For more information, visit www.KandiAmerica.com.
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.
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