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China plans to subsidize the development of pure-electric and plug-in hybrid vehicles in the...
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Tuesday, July 10, 2012, 1:01 PM ETChina plans to subsidize the development of pure-electric and plug-in hybrid vehicles in the nation to reduce the nation's dependence on oil and cut emissions. The State Council's public goal of seeing 5M alternative-energy vehicles produced by 2020, blows away previous estimates and sets the prize high for a company able to knock out a technological breakthrough in the industry. EV-related plays include F,GM, TSLA, NSANY.OB, AVAV, ECTY, GACR.PK, KNDI, HMC, JCI, NRG, ZAAP.OB, VLKAY, and AONE.
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Describes KNDI perfectly. Not only do they have the fully acclaimed lead position in China's lead "Pilot City" Hangzhou for EV's, but add to that their patented Quick Battery Exchange technology which has been embraced as a partner by PRC owned Electric Utility State Grid which covers 88% of the land mass and over a billion consumer customers and you have the first company world-wide that has come up with a total solution for EV's,
Just out last night in the China Media and one of several hundred similar announcement over just the past few weeks in China:
http://bit.ly/MgdJil
And this China article from several weeks back which also feature KNDI.
http://bit.ly/Njgooy
(Condi translated by Google)
http://yhoo.it/OXtREp
The company starts with "K"... but if you've done your due diligence, real due diligence, you'd know that...That the company has been busy executing rather than issuing fluff press releases, may not make it a household name, but what's important is what the Chinese government wants, and who it chooses... My op
But the whole world will know soon. If not before, 30 days from today, when KNDI and its Partner State Grid have their coming out party in Hangzhou, Aug 10th. Remember this little "fluff" PR from a month or so ago?
"Kandi Technologies to Showcase EVs and Smart Parking Technology Before an International Audience at the 2012 China International Green Vehicle Industry Expo Being Held in Hangzhou in August"
"...This exhibition is recognized as a significant industry event by China's National Development and Reform Commission, Ministry of Science and Technology, Ministry of Industry, and Ministry of Finance. Additionally, it is strongly supported by the major projects of electric vehicles division of the Ministry of Science and Technology Office.
It is currently expected there will be 25 attendees from China's new energy model cities at the exhibit, joined by other EV industry experts, who will discuss a variety of key industry topics with exhibitors including EV policy in China and EV business models, and also evaluate demonstrations of batteries, motors, electric controls and other crucial core EV technologies.
The exhibition also is expected to attract leading vehicle and auto parts manufacturers from around the world, including the United States, Germany, Britain, Spain, Japan, and Hong Kong. They will have an opportunity to learn more about China's advanced EV technologies and products, including Kandi's EVs, its recently announced smart vertical parking buildings and technology and related advances by the Company..."
http://mwne.ws/NnNROY
http://bit.ly/OYzzWv
or
http://bit.ly/OvKyTz