Kandi Technolgies up 26% on Strategic Agreement with Hangzhou Electric Vehicle Service

Kandi Technolgies (NASDAQ:

) is up 26% on the strategic agreement with Hangzhou Electric Vehicle Service, which was announced earlier this morning. Under the terms of agreement, Kandi's pure electric vehicles will become a preferred vehicle of choice for Hangzhou Electric Vehicle Service Co.. The shares of Kandi Technologies are currently trading at 2.31, a gain of 26.39%