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Kandi Technologies Signs Cooperation Agreement With Hartford Industrial for Off-Road Vehicle Production in Taiwan
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Kandi Technologies Signs Cooperation Agreement With Hartford Industrial for Off-Road Vehicle Production in Taiwan
Jul 8, 2024 6:52 AM

09:41 AM EDT, 07/08/2024 (MT Newswires) -- Kandi Technologies Group ( KNDI ) said Monday that it, its US unit, SC Autorsports, have signed a cooperation agreement with Hartford Industrial, a Taiwanese recreational motorcycles manufacturer.

Financial terms of the agreement were not disclosed.

Kandi ( KNDI ) said the agreement calls for Hartford to manufacture its self-developed off-road vehicles, such as golf carts and low-speed vehicles, using Kandi ( KNDI )-manufactured components and export them to the US.

Kandi ( KNDI ) said the vehicles will be exclusively sold through SC Autosports. It expects mass production of vehicles to be completed by the end of this year.

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