The KD5011 EV is eligible for national subsidies of up to CNY60,000 per vehicle in all ‘pilot’ cities throughout China with the number of pilot cities likely to grow as the government plans to expand the program.
The KD5011 EV operates with ‘Express Change’ lithium iron phosphate batteries that provides a driving range of up to 200km-230km per charge and can be quickly replaced by professionals in authorized ‘Express Change’ battery stations.
Kandi, which sells its EV models without batteries to lower the consumer purchase price and eliminate battery maintenance and charging responsibilities, has positioned the ‘Express Change’ stations throughout a city to extend the vehicles’ driving range.
Kandi Technolgies expects the KD5011 to be put on the market in Hangzhou, one of the five original pilot cities, within the next few months and anticipates sales of more than 20,000 Kandi EVs before the end of 2012.
