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Sunday, 07/20/2014 2:40:23 PM

Sunday, July 20, 2014 2:40:23 PM

Post# of 3876

What you better know about KNDI......


1. 10% sales tax is waived for EVs, good thru 2017
2. Local subsidies coming out any day now
3. Mr. Hu, the CEO of Kandi and General manager of the JV with Geely (the top producer of cars in China and owns Volvo) is friends with the head of China
4. Mr. Hu is the only one to come up with many innovative models of putting EVs on the streets of Chinese cities - QBEX (battery exchange on the bottom side of the car, takes 2-3 minutes to do), EV parking garage that charges the EVs and the Evs are for hourly rental use, long-term leasing model, EV community group leasing at a discount price, placing EV rentals at major hotels (with airports, train stations, department stores, etc. on the way), placing EV rentals next to bike share rentals, EV community leasing to government agencies and companies, etc.
5. upcoming fleet sales once local subsidies are out
6. major pollution in most Chinese cities
7. many Chinese cities are larger in population than NYC and
Kandi has a pilot agreement with Shanghai and possibly Beijing
8. Kandi has agreements with a number of other Chinese cities for the carshare rental business like Chengdu, Jiangsu, etc.
9. The are building new manufacturing plants in Hainan, Jiangsu, and Shandong
10. A new model that was Presented at the shareholders meeting in Atlanta almost 2 years ago is coming out later this year that will be the most advanced small EV in China, like a junior Tesla.
11. The Hangzhou International New Energy Auto Show is happening soon in September and Kandi will probably show the world its new EV.
12. recently the company / JV met with over 200 suppliers from around the country - SOUNDS LIKE EXPANSION TO ME!
13. last February, Mr. Hu met with over 60 analysts mainly from China and Hong Kong with a number of them representing a number of Wall Street firms and recently 2 Hong Kong analysts gave Kandi an "Overweight" rating
14. and other good things happening as well
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