Kandi Technolgies (KNDI) Spikes On Report China Considering $16B EV-Charging Fund
August 26, 2014 at 09:20 AM EDT
Shares of Kandi Technolgies Group, Inc. (KNDI) are up almost 10% to $7.93 in pre-market trading Tuesday. The spike may be attributed to a Bloomberg News report that states China is considering providing as much as $16 billion in government funding to build more charging facilities and increase demand for electric vehicles. Citing people familiar […] View the full post at: Kandi Technolgies (KNDI) Spikes On Report China Considering $16B EV-Charging Fund Related posts: Goldman Sachs Fund Buys Stake in Ganek’s $4 Billion Hedge Fund E-Commerce Is Booming In China China Appears Set to Make Its Exchange Rate More Flexible