Kandi America Partners with Wrench to Offer Luxury Mobile Repair Service for Electric Vehicles
August 13 2020 - 9:35AM
Business Wire
The Wrench mobile vehicle maintenance and
repair solution will provide repair services nationwide
Kandi America, the U.S. subsidiary of Kandi Technologies Group
Inc. (NASDAQ GS: KNDI), an international electric vehicle
manufacturer, today announced its partnership with Wrench, a mobile
vehicle maintenance and repair solution that brings dealer-quality
service to consumers and fleet customers across the U.S.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20200813005171/en/
Kandi is offering a special promotion for
the first 1,000 pre-orders for each model. The K23 is discounted
from $29,999 MSRP to $27,499. With the $7,500 federal tax credit,
this brings the price down to just $19,999 for eligible buyers.
(Graphic: Business Wire)
This follows Kandi America’s recent announcement opening
pre-order sales with special promotional pricing in advance of its
official August 18 virtual launch event. Pre-orders for the K27 and
K23 models can be made at Drive.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.
“As we bring America’s most affordable electric vehicles to the
market later this year, we are committed to ensuring consumers
receive the highest level of customer service – from the moment
they pick up their Kandi EV through the entire life cycle of the
vehicle,” said Johnny Tai, CEO of Kandi America. “This partnership
with Wrench allows us to deliver on that promise by providing a
mobile vehicle maintenance and repair service at the convenience of
Kandi EV drivers, which is a privilege that previously has been
reserved for luxury vehicle owners.”
With this partnership, Kandi America and Wrench have established
the first-of-its-kind electric fleet agreement to provide onsite,
high quality, contactless service for any warranty issues. Wrench
allows users to schedule vehicle maintenance and repair service
with full-time, W2, ASE-certified technicians who service the
vehicle onsite at the customer's destination of choice. This
relationship allows customers to access best-in-class service, even
if they are not located near a Kandi dealer partner.
“We are steadfast in our commitment to eliminate headaches and
decrease the time and money spent on vehicle upkeep by offering
high quality full service, on-site vehicle maintenance and repairs
when and where drivers need it,” said Ed Peterson, CEO of Wrench.
“Together with Kandi, we’re providing Kandi EV owners with peace of
mind knowing that they can schedule on-site, contactless
maintenance and repair for their vehicles at their convenience so
they can continue to enjoy driving their Kandi vehicle
uninterrupted.”
Kandi America will unveil additional information during its
virtual launch event at 10 a.m. CST on August 18. To register for
the event and K23 giveaway, please visit www.DriveKandi.com.
For more information, visit Drive.KandiAmerica.com or
www.Wrench.com.
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 Drive.KandiAmerica.com.
About Wrench
Wrench is the mobile vehicle maintenance and repair solution
that brings dealer-quality service directly to consumers and fleet
customers across the U.S. With full-time, ASE-certified mobile
mechanics, Wrench provides full-service auto repairs and
maintenance that users can schedule at their location of choice via
the Wrench mobile app. Each Wrench service request comes with a
fixed price or customized quote, with savings of as much as 30
percent versus traditional dealer service repairs. Wrench performs
a wide range of repairs and maintenance on all types of cars and
trucks, saving users money, hours of travel and waiting room
boredom. Wrench is a privately held company headquartered in
Seattle, WA with investments from major venture capitalists,
including Madrona Venture Group, Vulcan Capital and Tenaya Capital
and Marubeni Corporation. To learn more, please visit:
www.wrench.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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version on businesswire.com: https://www.businesswire.com/news/home/20200813005171/en/
Kandi America Jennifer Powell / Megan Frye
jpowell@piercom.com / mfrye@piercom.com 972-567-3937 /
214-499-4820
Wrench Cara Difabio wrench@barokas.com 301-639-0738
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