Brief: Kandi Enters A Strategic Cooperation Agreement With Jinpeng To Jointly Develop Pure EV Market

Kandi Technologies

30/12/2019 13:37

Dec 30 (Reuters) - Kandi Technologies Group Inc  KNDI.O :
    * KANDI ANNOUNCES THE ENTRY OF THE STRATEGIC COOPERATION
AGREEMENT
WITH JINPENG TO JOINTLY DEVELOP PURE EV MARKET
    * KANDI -  KANDI ELECTRIC VEHICLE (HAINAN) CO WILL EXCHANGE
A
CERTAIN PERCENTAGE OF ITS EQUITY INTERESTS WITH JIANGSU JIMAI
NEW ENERGY AUTOMOBILE CO
    * KANDI - WITH JINPENG, WILL JOINTLY ESTABLISH A COMPLIANT
RIDE-SHARING VEHICLE OPERATING CO WITH ZHEJIANG RUIBO NEW ENERGY
VEHICLE SERVICE COMPANY
    * KANDI - IN 2020, PLAN TO DELIVER KANDI'S MODEL K23 TO
SATISFY
CHINA'S RIDE-SHARING MARKET, U.S. DEMAND FOR KANDI MODELS K23
AND K27 IN BATCHES

Source text for Eikon:  ID:nGNXb753S4 
Further company coverage:  KNDI.O 

 ((Reuters.Briefs@thomsonreuters.com;))