|Kandi's New Pure Electric Vehicle Model "Cyclone" Expected to Launch at Year End
JINHUA, China, Oct. 6, 2014 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (Nasdaq:KNDI) (the "Company"
or "Kandi"), today announced that its new pure electric vehicle model KD17 "Cyclone", jointly developed by Kandi and
Geely Automobile Holdings Ltd. ("Geely"), passed the evaluation done by the executive team of Kandi Electric Vehicles
Group Co., Ltd, the joint venture formed by Kandi and Geely's 99%-owned subsidiary, on September 30, 2014.
To view an enhanced version of the Kandi Cylone, please visit:
"Cyclone" is a five-door, four-seat vehicle with spacious and comfortable seating area. The vehicle utilizes newly
developed triple element non-polymer battery and central control system featuring in both touch screen and
conventional buttons. "Cyclone" achieved multiple domestic automobile golden standards and is currently under
scrutiny of China's Ministry of Industry and Information Technology ("MIIT"), with the expectation to release to market at
the end of 2014.
The Company anticipates "Cyclone" to generate strong positive feedbacks and impacts on China's public market.
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 vehicle products. Kandi has established itself as one of
the world's largest manufacturers of pure electric vehicle ("EV") products, Go-Kart vehicles, three-wheel motorcycles
and utility vehicles (UTVs), among others. More information can be viewed at its corporate website is
http://www.kandivehicle.com. Kandi routinely posts important information on its website.