Kandi Technologies up after U.S. unit to provide retail financing
06/07/2021 16:19
** U.S.-listed shares of Chinese electric-auto maker
KNDI.O rise 4.9% to $6.07
** Kandi America, KNDI's U.S. subsidiary, enters into an
agreement with consumer finance co Synchrony to provide retail
financing for all Kandi Neighborhood Electric Vehicles (NEV) and
Kandi Powersports off-road vehicles
** Co says effective July 1, qualified Kandi NEV and
Powersports customers can receive 72-month and up to 84-month
installment financing, respectively urn:newsml:reuters.com:*:nBw9CSvWra
** Up to last close, KNDI shares down 16.1% YTD
(Reporting by Chavi Mehta in Bengaluru)
((Chavi.Mehta@thomsonreuters.com;))
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