Investigation Overview
July 25, 2014 (Update) - On July 23, 2014, a report alleged that 'Kandi Technologies Group is selling EVs and battery packs at a loss to the JV and certain other corporate entities for the buildout of the Carshare project of which they only have a 9.5% economic interest in. The most disturbing part of this is how KNDI continually boasts about huge revenue growth when, in fact, all the...
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