Kandi Technologies to Participate 2013 China International Green Vehicle Industry Expo in Hangzhou

Kandi Technologies to Participate 2013 China International Green Vehicle
Industry Expo in Hangzhou

JINHUA, China, June 21, 2013 (GLOBE NEWSWIRE) -- Kandi Technologies Group,
Inc. (the 'Company' or 'Kandi') (Nasdaq:KNDI), today announced the Company
will participate in the 2013 China (Hangzhou) International Green Vehicle
Industry Expo at Hangzhou Peace International Convention Center from July
12^th to July 14^th, 2013.

This is the 3^rd annual Green Vehicle Industry Expo held in Hangzhou that
focuses on new energy vehicles, the core technologies, key components and
related products, infrastructure and accessories.

As the leading new energy vehicle manufacturer, Kandi will participate in the
exhibition to showcase to the visitors its Kandi series new electric vehicles,
technologies, and the new mini-public transportation business model.

About Kandi Technologies Group, Inc.

Kandi Technologies Group, Inc. (Nasdaq:KNDI), headquartered in Jinhua,
Zhejiang Province, is engaged in the research and development, manufacturing
and sales of various vehicles. Kandi has established itself as the one of the
world's largest manufacturer of pure electric vehicles (EVs), Go-Kart
vehicles, and tricycle and utility vehicles (UTVs), among others. More
information can be viewed at its corporate website is
http://www.kandivehicle.com.

Safe Harbor Statement

This press release contains certain statements that may include
"forward-looking statements." All statements other than statements of
historical fact included herein are "forward-looking statements." These
forward-looking statements are often identified by the use of forward-looking
terminology such as "believes," "expects" or similar expressions, involving
known and unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are reasonable,
they do involve assumptions, risks and uncertainties, and these expectations
may prove to be incorrect. You should not place undue reliance on these
forward-looking statements, which speak only as of the date of this press
release. The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including the risk factors discussed in the Company's periodic
reports that are filed with the Securities and Exchange Commission and
available on the SEC's website (http://www.sec.gov). All forward-looking
statements attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these risk factors. Other than as
required under the securities laws, the Company does not assume a duty to
update these forward-looking statements.

CONTACT: Kandi Technologies Group, Inc.
        
         China:
         Email: IR@kandigroup.com
         Phone: 86-579-82239856
        
         U.S.A.:
         Email: IR@kandigroup.com
         Phone: 1-212-551-3610
 
Press spacebar to pause and continue. Press esc to stop.