Kandi to source batteries from Zhejiang Tianneng in China
Kandi-Geely JV receives subsidy of USD31.8 million for sales of 4,114 EVs in Q2 2014
China-based Zhejiang Kandi Vehicles, a wholly owned-subsidiary of Kandi Technologies, has signed a contract with Zhejiang Tianneng Energy Technology, a wholly-owned subsidiary of Tianneng Power International, to source batteries for its electric vehicles (EVs), Kandi announced in a press release yesterday (15 December).
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