Kandi America's Model K27 Cleared for California Roads
November 03 2020 - 11:39AM
Business Wire
Electric vehicle manufacturer receives
certification for meeting state’s emissions standards
Kandi America, the U.S. subsidiary of Kandi Technologies Group
Inc. (NASDAQ GS: KNDI), an international automotive manufacturer,
today announced its certification by the California Air Resources
Board (CARB) for meeting the state’s stringent emissions standards.
With this approval in hand, Kandi is preparing delivery of the
model K27 – the most affordable electric vehicle (EV) on the U.S.
market – to the Golden State.
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the full release here:
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Kandi America's K27, America's most
affordable electric vehicle, received its certification from the
California Air Resources Board and is now cleared for California
roads. (Photo: Business Wire)
“California continues to lead the country in reduction of carbon
emissions through the adoption of electric and hybrid vehicles –
representing nearly 50 percent of sales across the U.S. – efforts
of which should be largely applauded,” said Johnny Tai, CEO of
Kandi America. “This certification comes at a great time for Kandi
America as the infrastructure put forth by state elected officials,
including the Governor’s recent executive order banning sales of
new gasoline- and diesel-powered cars and trucks by 2035, requires
new quality, affordable products to enter the market quickly.”
With special promotional pricing, as well as the state’s $2,000
incentive coupled with the $7,500 federal tax credit, eligible
buyers in California can drive off with the K27 for just
$7,999.
“Our mission at Kandi is to make electric cars accessible which
is why we started the Auto EVolution for All campaign. With the
rollout of the K27, Californians are able to quickly and easily
join the electrification wave taking place across the state by
purchasing a reliable, high-tech EV,” said Tai.
The Kandi K27 is a compact model with ample interior space that
can comfortably accommodate up to four passengers, making it an
ideal automobile for urban driving. The EV is equipped with a
backup camera, Bluetooth compatibility and a high-tech touchscreen
– everything the modern driver needs.
To learn more and place a pre-order with a $100 fully refundable
deposit, visit KandiAmerica.com. Vehicle delivery will begin
starting in fourth quarter 2020.
Prospective dealers looking to gain additional information on
how to become a Kandi America partner, including a pricing sheet
which details manufacturer incentives, can visit
dealer.kandiamerica.com.
About Kandi America
SC Autosports, LLC is the U.S. subsidiary of
Kandi Technologies Group, Inc. (NASDAQ GS:KNDI), doing business
under the name “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 acquired SC
Autosports in 2018 to be its exclusive U.S. distributor. For more
information, visit 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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version on businesswire.com: https://www.businesswire.com/news/home/20201103005585/en/
Media Contact: Allison Burum / Beth Rose
aburum@piercom.com / brose@piercom.com 214-392-5545 /
214-683-3745
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