Kandi Technologies to Showcase EVs and Smart Parking Technology Before an International Audience at the 2012 China International Green Vehicle Industry Expo

Kandi Technologies, Corp. (KNDI), today announced the Company has been invited to participate in the 2012 China International Green Vehicle Industry Expo being held in Hangzhou from August 10 to August 12 this summer. The exhibition is sponsored by the China Electricity Council, China Industrial Energy Conservation and Clean Production Association, and the Hangzhou Municipal Government at the Hangzhou Peace International Conference and Exhibition Center.

This exhibition is recognized as a significant industry event by China's National Development and Reform Commission, Ministry of Science and Technology, Ministry of Industry, and Ministry of Finance. Additionally, it is strongly supported by the major projects of electric vehicles division of the Ministry of Science and Technology Office.

It is currently expected there will be 25 attendees from China's new energy model cities at the exhibit, joined by other EV industry experts, who will discuss a variety of key industry topics with exhibitors including EV policy in China and EV business models, and also evaluate demonstrations of batteries, motors, electric controls and other crucial core EV technologies.

The exhibition also is expected to attract leading vehicle and auto parts manufacturers from around the world, including the United States, Germany, Britain, Spain, Japan, and Hong Kong. They will have an opportunity to learn more about China's advanced EV technologies and products, including Kandi's EVs, its recently announced smart vertical parking buildings and technology and related advances by the Company.