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Kandi Technologies Group (KNDI) said its electric car joint venture nabbed a $44.3 million subsidy from the Chinese government during the second half of last year. The Jinhua, China-based Kandi Technologies Group is China’s top-ranked company in terms of pure electric vehicle sales and production figures. Its joint venture, Kandi Electric Vehicles Group, is run by it and Geely Automobile Holdings, the Chinese car manufacturer. The Kandi subsidy Scalper1 News
Scalper1 News