Brief: Kandi Technologies signs purchase contract with Tianneng Power International Ltd
15/12/2014 17:25
Dec 15 (Reuters) - Kandi Technologies Group Inc KNDI.O : * Signs purchase contract with Tianneng Power International Limited * Says unit signed a purchase contract with Zhejiang Tianneng Energy technology co, ltd * Kandi vehicle's purchase amount is committed to be no less than RMB 260 million or approximately USD 42.6 million in 2015 * Contract for one-year supply of tnl-itr18650-2200P lithium batteries providing total of about 185 million watt hours * Source text for Eikon ID:nGNXVCIDMa * Further company coverage KNDI.O ((Bengaluru Newsroom; +1 646 223 8780))
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