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.