Kandi Technologies Announces First Taiwan-Made UTV Shipment to the U.S.

Company Overview - Kandi Technologies Group Inc is a leader in all-electric personal transportation and utility vehicles, headquartered in Jinhua New Energy Vehicle Town, Zhejiang Province [3] - The company conducts primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Technologies Group Co Ltd, and its subsidiaries including Kandi Electric Vehicles (Hainan) Co Ltd and SC Autosports LLC (d/b/a Kandi America) [3] - Zhejiang Kandi Technologies has established itself as one of China's leading manufacturers of pure electric vehicle parts and off-road vehicles [3] Product Development - The first batch of 10K fully electric UTVs, manufactured by Taiwanese partner Hartford Industrial Co Ltd, has successfully completed trial production and is ready for delivery to the United States [1] - This marks a significant milestone as Kandi extends its manufacturing operations to Taiwan, aiming to enhance product quality and increase market competitiveness [1] Management Commentary - CEO Dr Xueqin Dong stated that the swift completion of trial production signifies readiness to commence mass production of the Kandi 10K fully electric UTVs [2] - The company anticipates a substantial increase in the production of Kandi electric off-road vehicles in Taiwan through its partnership with Hartford Industrial [2] - The collaboration is expected to significantly enhance product quality and market competitiveness, bolstering the product lineup and expanding market presence [2]