Kandi Technolgies Corp (KNDI)

[bullmarket2222]

Notes

Hu spent quite a bit of time talking about batteries. When at Tesla he asked many questions of them about batteries. For instance, Tesla (I think I've got this right) guarantees 10 years of battery life. Mr. Hu kept asking them about that and finally got out of Tesla that a single battery is not guaranteed for 10 years but, rather, that Tesla will guarantee 10 years of battery for your car by replacing the original battery if necessary. Of course, Hu said the battery is THE MOST important part of an EV.


Kandi has been working hard on a new Battery Management System (BMS). He did not really elaborate but I got the sense this is really a big deal for him and KNDI. This might be something to keep our eye on.


The new Cyclone is scheduled to be rolled out 'soon' - whatever that means. As announced earlier, it has a different battery than the two-door and four-door models now in use. I wrote down six items about this new battery that Hu mentioned:

1. It is safer

2. It lasts twice as long (Not sure if he's talking mileage or time, perhaps both together)

3. It costs less - perhaps 1/2 the price

4. This battery is being developed exclusively for KNDI

5. It has 36 patents

6. This will be a revolution for EV cars