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0.0184873949579832 0.0168067226890756 0.0369747899159663 0.00840336134453779 0.00517647058823532 -0.00352941176470587 -0.011764705882353 -0.0235294117647058
Stock impact report

Kandi Pure EV model K23 Receives MIIT Approvals

Kandi Technologies Group, Inc. - Ordinary Shares (KNDI) 
Company Research Source: GlobeNewswire
JINHUA, China, April 09, 2019 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that its pure electric vehicle (“EV”) SMA7001BEV77 (“Model K23”) has been included in the Ministry of Industry and Information Technology’s (the “MIIT”) Directory of New Products (the “318th Directory”) and Recommended Models for Energy Saving and New Energy Vehicle Demonstration and Promotion (“2019’s 3rd Annual Directory of New Energy Vehicles”) in the People’s Republic of China. The new model meets the new energy vehicle promotion subsidy program and product technical requirements in the “Notice on Further Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles” issued by the Four Ministries on March 26, 2019. As a result, purchasers of the model K23 will be qualified to receive government subsidies in 2019. Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi commented, "We are very Show less Read more
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