NASDAQ Top Gainer: Electric Car Stock Kandi Technolgies (KNDI) Turns Heads
Kandi Technolgies (KNDI) Gains Follow Recent Big Moves from Electric Car Stock Tesla (TSLA) as a sector to watch
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Point Roberts, WA - June 5, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors, reports on the NASDAQ’s top gainer, Kandi Technolgies Group, Inc. (NasdaqGM KNDI), currently trading at $5.91, up 1.99(50.77%) 1:34PM on volume of over 14.7 Million shares. The stock had a morning high of $6.94.
The electric car maker reported that JL7001BEV, the first pure electric sedan jointly developed by Kandi and Geely Automobile Holdings Ltd. (Hong Kong Stock Exchange, Stock Code: 175) (the "Geely"), has been approved by Ministry of Industry and Information Technology of the People's Republic of China ("MIIT").
nvestors following electric car stocks have just come off another big move with Telsa (TSLA) more than doubling over a short period. Telsa has pulled back from its highs and is now trading at $91.82.
About Kandi Technologies Group, Inc.
Kandi Technologies Group, Inc. (KNDI), headquartered in Jinhua, Zhejiang Province, is engaged in the research and development, manufacturing and sales of various vehicles. Kandi has established itself as the one of the world's largest manufacturer of pure electric vehicles (EVs), Go-Kart vehicles, and tricycle and utility vehicles (UTVs), among others. More information can be viewed at its corporate website is http://www.kandivehicle.com.
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