Brief: Kandi Technologies Explores Possibility Of Establishing EV Manufacturing Facility In N.America
20/08/2020 14:13
Aug 20 (Reuters) - Kandi Technologies Group Inc KNDI.O :
* KANDI TECHNOLOGIES ACTIVELY EXPLORES POSSIBILITY OF
ESTABLISHING
ELECTRIC VEHICLE MANUFACTURING FACILITY IN NORTH AMERICA
* KANDI TECHNOLOGIES - PLANS TO AGGRESSIVELY TARGET NORTH
AMERICA
MARKET AND ENSURE AFFORDABILITY BY ELIMINATING SHIPPING COSTS
AND TARIFFS
* KANDI TECHNOLOGIES - PRELIMINARY DISCUSSION WITH VARIOUS
POTENTIAL PARTNERS, INCLUDING LOCAL GOVERNMENT AGENCIES FROM
US-MEXICO BORDER
* KANDI TECHNOLOGIES GROUP INC - CAUTIONED THAT EXPLORATION
PROCESS IS IN ITS EARLY STAGE
* KANDI TECHNOLOGIES GROUP INC - NEGOTIATIONS WOULD NOT
GUARANTEE
A NORTH AMERICAN PLANT WILL BE BUILT
Source text for Eikon: ID:nGNX9Xwpx8
Further company coverage: KNDI.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Kandi Technologies
See all newsBrief: Kandi Forms Subsidiary, Wins First Order from Indonesia’s GoTo
Brief: Kandi And Cbak Announce Strategic Partnership To Launch U.S. Lithium Battery Facilities In Phases
Brief: Cbak Energy Technology - Cbak Partners With Kandi To Localize Lithium Battery Facilities In U.S. In Phases
Brief: Kandi Technologies Appoints New CEO for SC Autosports
US-listed Kandi Technologies shares fall on CEO and chairman change