Kandi Plans Electric Car Network in Beijing, Shanghai
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Kandi Technologies Group Inc., a Chinese electric carmaker that rents out vehicles to the public, said the service is profitable and plans to expand it to cities including Beijing and Shanghai.
“I have been meeting local officials from other cities who have been visiting our company almost daily in the past few months,” Kandi Chairman Hu Xiaoming said in a Feb. 21 interview at the company’s office in Hangzhou, Zhejiang province. “They are very interested in our model and keen on promoting use of electric vehicles in their cities.”