12:11 PM EDT, 07/22/2024 (MT Newswires) -- Kandi Technologies Group ( KNDI ) said Monday that the first batch of its Taiwan-made 10K fully electric utility terrain vehicles, or UTVs, are ready for delivery to the US.

The company said the UTVs are manufactured by its Taiwanese partner Hartford Industrial and have completed trial production.

The company added that it expects a "substantial" uptick in the production of Kandi ( KNDI ) electric off-road vehicles in Taiwan as the collaboration goes on.

Shares of Kandi Technologies ( KNDI ) rose 1.6% in recent trading.

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