Kandi to Start Retail Sales of Electric Cars in China
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Kandi Technologies Group Inc. plans to tap rising demand for electric vehicles in China by starting sales to individual buyers and expanding the number of cities where the automaker rents out its vehicles by the hour.
Kandi is selecting dealers in 26 Chinese provinces and will begin selling its new five-seater K17 electric car in June, followed by a two-seater called the K12 about two months later, Chairman Hu Xiaoming said in a telephone interview today.