Kandi Tech jumps on regulatory clearance for two electric-vehicle models

Kandi Technologies

04/11/2020 16:07

** China-based electric-vehicle maker's  KNDI.O  shares
surge 19% to $8.23 
    ** Says it has received clearance from the U.S.
Environmental Protection Agency (EPA) for two of its EV models,
the K23 and K27  urn:newsml:reuters.com:*:nBw14wQxpa
    ** The models were announced in July by the company's U.S.
unit, Kandi America
    ** Stock up 74.84% YTD

 (Reporting by Madhvi Pokhriyal in Bengaluru)
 ((Madhvi.pokhriyal@thomsonreuters.com))