Zhejiang Kandi Electric Vehicles Signs Agreement With Rugao City Economic Development Zone

Kandi Technologies Group (Nasdaq: KNDI ), today announced that Zhejiang Kandi Electric Vehicles Co., Ltd. (the "JV Company"), a 50-50 joint venture subsidiary of Kandi and Geely Automobile Holdings Ltd. ("Geely"), signed an agreement with Jiangsu Province Rugao City Economic Development Zone ("Rugao Development Zone") to invest and establish