KNDI - Kandi Technolgies, Corp.

Kandi Technologies, Corp. (Kandi) is engaged in the design, development, manufacturing, and commercializing of electrical vehicle, all-terrain vehicles, go-karts, and specialized automobile related products for the Peoples Republic of China (PRC) and global export markets. Sales are made to dealers in Asia, North America, Europe and Australia. Kandis products include off-road vehicles (which include all-terrain vehicles (ATVs), utility terrain vehicle (UTVs), and go-karts), motorcycles and mini-cars. Its subsidiaries include Continental Development Ltd., Zhejiang Kandi Vehicles Co. Ltd. and Kandi Special Vehicles Co., Ltd. The Company is a manufacturer of go-karts in the Peoples Republic of China. Kandi produces a range of go-karts, from the 90cc class to the 1,000cc class in cylinder displacement. During the year ended December 31, 2009, the Company launched the battery powered all-electric CoCo.