Kandi Technologies Group, Inc. today announced that its new pure electric vehicle model KD17 "Cyclone", jointly developed by Kandi and Geely Automobile Holdings Ltd. ("Geely"), passed the evaluation done by the executive team of Kandi Electric Vehicles Group Co., Ltd, the joint venture formed by Kandi and Geely's 99%-owned subsidiary, on September 30, 2014.
"Cyclone" is a five-door, four-seat vehicle with spacious and comfortable seating area. The vehicle utilizes newly developed triple element non-polymer battery and central control system featuring in both touch screen and conventional buttons. "Cyclone" achieved multiple domestic automobile golden standards and is currently under scrutiny of China's Ministry of Industry and Information Technology ("MIIT"), with the expectation to release to market at the end of 2014.
The Company anticipates "Cyclone" to generate strong positive feedbacks and impacts on China's public market.
