Kandi Technologies (KNDI +25.4%) soars after saying Hangzhou City has begun construction on the...

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

Kandi Technologies (KNDI +25.4%) soars after saying Hangzhou City has begun construction on the first of 30 planned electric vehicle vertical parking and charging facilities, setting the stage for the deployment of "5-10K Kandi pure EVs … within one year from the initial launch." SA contributor Tom Konrad's advice: Shares of KNDI "should be a rental, not a purchase or even a long-term lease." (PR)