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Who’ll corner China’s rising electric car market? Kandi Technologies Group (KNDI) is making a run for it in a plan to seek capital, and is also showing signs it might grow to be a competitor to Tesla Motors (TSLA) in the luxury segment there. Despite Tesla’s problems with China sales, it already outstrips Kandi’s EV joint venture in electric-car revenue within the country. With several Chinese domestic automakers competing for sales and brand Scalper1 News
Scalper1 News