Kandi Technologies (KNDI) says China's Ministry of Industry and Information Technology approved...

|About: Kandi Technologies Group,... (KNDI)|By:, SA News Editor

Kandi Technologies (KNDI) says China's Ministry of Industry and Information Technology approved its pure electric sedan which it developed in tandem with a local partner. It's not subtle news to traders, KNDI +37% premarket. Is this stock the Chinese Tesla?