Kandi Technolgies Corp (KNDI)

[BottomBounce]

$KNDI Kandi Technologies (NASDAQ:KNDI) is poised to benefit from the new U.S. administration’s goal to increase the government’s fleet of green energy vehicles, we believe. KNDI is one of the few EV manufacturers producing economical cars that are capable of obtaining a relatively long range on a single battery charge. In fact, KNDI’’s recently introduced EV models, the K23 and K27, are among the most affordable on the market. On the consumer side, as of September 30, 2020, the company had received deposits for 700 pre-ordered vehicles and anticipates pre-orders to grow substantially.