Kandi Brings to Market Americaa??s Most Affordable Pure Electric Automobiles, Announces August 18 Virtual Event to Kick-off Pre-Sales

JINHUA, CHINA, July 30, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the a??Company,a?? a??wea?? or a??Kandia??) (NASDAQ GS: KNDI), today announced the formal launch of the most affordable pure electric automobiles (EVs) in the U.S. market, the Kandi K27 and K23 models.A  The cars will be sold by Kandi America, the trade name of Kandia??s wholly owned subsidiary SC Autosports, LLC.A  Sales will initially focus on the Dallas-Fort Worth metroplex. To support the launch, Kandi is unveiling a marketing campaign entitled a??Kandi. Auto EVolution for alla?? that centers around a live virtual launch event on August 18 to kick-off pre-sales.A  Customers can reserve their models K27 or K23 EVs with a fully-refundable $100 deposit, which will be available for delivery in the fourth quarter of 2020.a??Electric vehicles have been valued for years for their efficiency, sustainability and innovation. However, owning the a??ita?? car often eluded consumers who desired a great EV alongside all the other comforts of modern living.A  Kandi is changing that by revolutionizing the EV-buying experience for many,a?? said Johnny Tai, CEO of Kandi America. a??Kandia??s mission is to make electric cars accessible to all. With these first two models, we are starting an Auto EVolution that will enable anyone, regardless of their financial status, to afford a reliable, high-tech EV.a??
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