 Jinhua, China, Jan. 28, 2021 GLOBE NEWSWIRE -- Kandi Technologies Group, Inc. NASDAQ GS: KNDI the Company or Kandi announced today that one of its subsidiaries, Kandi Electric Vehicles Hainan Co., Ltd. Kandi Hainan signed a contract to sell 3,000 model K23 electric cars to an operating company in its ride-sharing alliance. The cars will be deployed in the rideshare market by operator Zhejiang Ruiheng Technology Company Zhejiang Ruiheng. The sale is part of Kandis rideshare development program 300,000 government-accredited pure EVs within 5 years. 