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Published on Apr 16, 2013
This facility which was built as China's first "ground up" build for production and assembly of Pure Electric Vehicles, has an initial annual capacity of 100,000 EV's per year in this first phase but can be expanded to 300,000 per year.
China based Kandi's stock trades on the US NASDAQ stock exchange and is the current leader of EV manufacturers in China. As recent reported by the Company, it is KNDI's intention to contribute this facility to an also recently announced 50-50 Joint Venture with China's largest domestic automaker, Geely Motors.