Kandi delivers first 208 electric vehicles to Shanghai car-share program

Kandi Technologies Group, Inc has delivered the first 208 Kandi brand electric vehicles in time for the official launch of Shanghai Jinshan public pure EV car-share and leasing program.

All of the EVs were sent to rental stations in Zhu Jing, Shi Hua, Feng Jing and Ting Lin, four towns at Jinshan for users’ immediate use.

“The official launch of Shanghai Jinshan Car-Share Program has demonstrated the expansion of Hangzhou Car-Share Program into other major cities in China as the most preferred business model for EV development,” said Ma Jing, the deputy director of electric vehicles development from the Shanghai Municipal Commission of Economic and Information Technology.

Hu Xiao Ming, chairman and CEO of Kandi Technologies, said the company anticipates seeing “more and more cities adapting the Car-Share Program and Long-term Group Leasing Program.”

The charging/parking stations that form the backbone of the car-share program will provide a variety of services, such as charging, maintenance, battery recycling, are located at airports, train stations, hotels, business centers, selected residential areas and other places that are typically congested.

A network system provides EV rental service to individual drivers in and around the city. It also provides EV maintenance and battery charging to self-service users. Lastly, a tracking system allows the Car-Share Program management to keep a close watch at the status and precise location of each vehicle.

This Car-Share Program model has been implemented in Hangzhou since the second half of 2013, and has now begun to expand into other major cities in China.

The Group Long-term Lease Project is a lease model that uses enterprise, community or village as a lease unit and each unit leases a minimum of 100 EVs with a group lease term at a minimum of three years.

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