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Published on Nov 28, 2010
This video came from a Cell Phone Camera during a seven hour visit to KNDI. Note the quick glimps of the seven story building during the pan from the headquarters to the Quality Control/Finishing building. The seven story buildings, which there are three, are the on campus housing for some of the Kandi Employees. In addition, there are eight of the large manufacturing buildings as seen in this clip and others. All total there is some 2.7 million sq. ft. under roof. While KNDI is only carrying the land and buildings on their books at a depreciated value of $9.7 million, we were told the current replacement value would be around $70 million or some $3 a share.
At this time we were about to take the new 5010EV which went on first sale Nov. 27 in China for a test ride. But do note in particular the six completed China Postal Service cars.