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The Professional Production and Assembly Line of Kandi Electric Vehicles(Changxing) Co,.Ltd is Established and Begins its Operations
2013-4-2 17:44:00  (Page Views:359)


JINHUA, CHINA-- (
April 2nd, 2013) - Kandi Technologies Group, Inc. (the 'Company' or 'Kandi') (NASDAQ: KNDI), a leading Chinese manufacturer and developer of pure electric vehicles (EVs) and all-terrain vehicles (ATVs), today announced that on Mar 28th,2013 it has completed the establishment of a new electric vehicle production line in Changxing Economic and Development Zone of Zhejiang Province, which is the first professional production and assembly line for EVs in China and begins its operations. The production line is well equipped with all major necessary technologies for EVs and its initial annual production capacity is expected to reach 100,000 units. The establishment and operation of the production line will not only help to improve the production capacity for EVs, but also accelerate the EV’s industrialization process in China.
 
The repsentatives from National Energy Conservation and New Energy Vehicle Project Office and Economic and Information Commission of Zhejiang Province, and the government leaders of Huzhou City and ChangXing County attended the ceremony and each delivered a speech on the success of the production line.
 
This newly-built production line combines the advanced production equipment, manufacturing technologies and integrates the production concept and profound manufacturing experience of both Geely and Kandi. It takes the advantages of its scientific management of planning, production, logistics and quality assurance in an effort to drive to form a generalized, standardized and lightweight-aimed production system of electric vehicles and meanwhile, to achieve us with a realm of more efficiency, more accuracy and more environmental friendly.
 
Mr. Hu Xiaoming, Chairman of Kandi remarked, “Given the unprecedented enthusiasm and unwavering support from the all levels of government leaders, we will take full advantage of our technology and expertise in EVs to develop the pure electric vehicles that can be afforded to purchase and drive by our citizens. Additionally, we will work our best to provide reliable and convenient products and services, as well as new business models.Our company has the fundamentals for achieving the green economic goals and will help build a strong and reliable green transportation system for the society.”
 
Mr. Yang jian, Vice Chairman of Geely expressed his congratulations on this new production line and commented, “We are fully confident to expand our abilities by partnering with Kandi to further the development of the electric vehicle and together exploit growing consumer demand for green cars.With years of exploration, Geely has accumulated rich experience and has maintained technological reserves in regard to the research, development and marketing of electric vehicles, and we believe that pure electric vehicle industry will witness a great prospect of remarkable growth in the future”.

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