Kandi Technologies (KNDI) announced an expanded agreement to sell 5,000 electric cars for use in a ride-sharing and leasing program in Chengdu. The China-based carmaker said it signed the deal Sunday at an event to launch an electric vehicle leasing service in Chengdu, the capital of Sichuan province in southwest China. The car-share program began last year in Hangzhou amid a push by China’s government to deal with that nation’s growing air
China-based electric-vehicle maker Kandi Technologies (KNDI) on Wednesday announced that it has sold 1,000 electric vehicles to leasing company ZuoZhongYou Electric Vehicle Service for $21.5 million, a deal that comes amid that nation’s growing pollution troubles. The cars will be used in car-sharing and leasing programs that recently debuted in the Chinese city of Chengdu. The car-share program began last year in Hangzhou and has since been used
Chinese automaker Kandi Technologies Group (KNDI) launched a mobile payment service for an electric vehicle car-sharing program offered by its joint venture with Geely Automobile. Under an agreement with Ant Financial Services, Kandi Electric Vehicles customers can use Alipay and Alipay Wallet, a service of Chinese Web giant Alibaba Group (BABA). The agreement also allows zero deposit for qualified renters with good credit records based on