Kandi Builds EV Parking And Charging Facility

Kandi Technologies Group Inc. (Nasdaq: KNDI) began construction of its first pure electric vehicle smart vertical parking and charging facility in Hangzhou with expected completion in early July 2013. Between 5,000 to 10,000 Kandi pure EVs will be deployed within a year. The stock price leaped $1.83 to $8.10.

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