Chinese EV maker Kandi announced today that it is actively looking to build an electric car factory in North America. ft) of torque for a range of 380 km (~236 miles).Kandi says it will sell the K22 at below $20,000 before subsidy. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries. Kandi plans to more aggressively target the fast-growing North America market and ensure affordability by eliminating shipping costs and tariffs. CleanTechnica is the #1 cleantech-focused news & analysis website in the US & the world, focusing primarily on electric cars, solar energy, wind energy, & energy storage.The content produced by this site is for entertainment purposes only. It could become the first Chinese subcompact EV sold in the US.According to the latest political news, the US says there is a warming up in the tariff war between Donald Trump’s administration (and thus the entire US) and China. The Company cautioned that the exploration process is in its early stage and any negotiations would not guarantee a North American plant will be built.”The fact that Kandi mentioned “North America” and not the US and it referred to the US-Mexico border could mean that Kandi is looking at sites in Mexico.Kandi Chairman and Chief Executive Officer Hu Xiaoming commented on the new effort: “We have achieved initial success with our strategic decision to expand to the U.S. electric vehicle market. Kandi will initially sell the K27 and K23 only in the Dallas-Fort Worth area. The main challenge (apart from buying a car from a brand with little US clout) may be finding one.
At Kandi, we are on a mission to make electric cars accessible for all. We are starting an Auto EVolution that allows anyone, regardless of their financial status, to afford a reliable, high-tech EV.. Reserve yours today with a $100 refundable deposit. Longer term, however, we are actively exploring the possibility of manufacturing EVs and off the road vehicles locally, as we plan to more aggressively target the fast growing North American market.”“Nearly 11,000 potential buyers registered for the event, which was widely attended by tens of thousands of people across each of the 50 states and around the world. Kandi Technologies is the joint venture of Kandi Vehicles and Geely Group, which is one of China's largest automakers. Chinese EV maker Kandi announced today that it is actively looking to build an electric car factory in North America.Kandi already has some success in the booming electric vehicle space in China, but it wants to be the first Chinese automaker to replicate that success in North America.“Kandi Technologies Group, Inc. (NASDAQ GS: KNDI), today announced it is actively exploring the possibility of opening a manufacturing base in North America for its popular electric vehicles (“EV”) and off-road vehicles. But low cost also has its downside – Kandi are offering low driving range and small-medium battery offerings (the K27 has a 17.68kWh battery with 160km estimated range and 20kW output, while the K23 has a 41.4kWh battery, 302km estimated range and 49kW output). “Together, the companies will market two electric cars with the Kandi brand in America — the K22 subcompact and the EX3 compact SUV. As of 11 a.m. CT this morning, merely 24 hours after the live virtual launch, Kandi America has received 436 pre-order reservations for the newly launched models, and the number is expected to increase further based on the level of interest received from consumers wanting to own a Kandi EV.”Kandi says that deliveries are going to start in Q4 in the US.Fred is the Editor in Chief and Main Writer at Electrek.You can send tips on Twitter (DMs open) or via email: fred@9to5mac.comThrough Zalkon.com, you can check out Fred’s portfolio and get monthly green stock investment ideas.Tesla's new update visually detects speed limit signsThis electric plane is set to break 7 world recordsLook's new carbon fiber city e-bike weighs just 15 kgTesla and hackers playing cat and mouse over unlockYou’re reading Electrek— experts who break news about Kandi already has some success in the booming electric vehicle space in …
This is good news since, usually, the consumer ends up paying the price for those trade wars. Kandi shares have risen more than 120 percent in the past year and hit a … The Company is in preliminary discussion with various potential partners, including local government agencies from the US-Mexico border, and has received positive feedback. Over the near term, we are confident we can meet the growing North American demand with our existing manufacturing facilities in China. Its look is more modern and it’s described to be “the size of a small SUV” by the company. Starting price of the K22 will be less than $20,000.
Kandi K23 electric car A second model, the Kandi K23, will start at $29,999. Get interesting investment ideas by Fred Lambert ChargePoint Home WiFi Enabled Electric Vehicle (EV) Charger
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