Kandi America Acquires New Distribution Center to Accommodate Planned Growth
Kandi America ("Kandi" or the "Company"), a leading distributor of all-electric personal transportation and utility vehicles, a.k.a. SC Autosports, LLC, a fully owned subsidiary of Kandi Technologies Group, Inc., (NASDAQ:KNDI), today announces the acquisition of a state-of-the-art distribution center ("DC") in suburban Dallas, Texas. This DC to be operated by Kandi reflects the necessity to accommodate steadily accelerating momentum in its U.S. all-electric sport vehicle business.
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