Earlier this year, Solus applied for the tax credit on the hardtop model after receiving IRS confirmation of the eligibility of the Coco KD08E convertible for the credit. The company believes that the tax credit will provide an incentive to the customers to buy the car driving towards consolidated future for EVs.
Xiaoming Hu, chairman and CEO of the Kandi Technologies, said: “Our hardtop introduction is in response to requests from our US distributor Solus. The KD18E comes with the comfort of air conditioning, and continues to offer a driving range of up to 80 miles on a single charge at a top speed of 25mph.
”The new model will be put into the market in May 2010. We believe the hardtop will broaden the appeal of the Coco for consumers seeking a low cost, non-polluting all-weather vehicle for neighborhood driving, with a tax credit that further lowers the price of the car.”
