Kandi Technologies (KNDI)

Kandi is a very cool company that I came across a few months ago. The idea of this company is to set up car “Vending Machines” all over cities in China to rent out cars to people. The reason they have such great potential is because China is trying to cut down on pollution and emission and Kandi is subsidized by the Chinese government. They have perfected their electric vehicles to got 170 miles per trip and can be returned to any garage the person chooses where they will exchange batteries and charge the old battery. My short term PT for this stock is $15.50 but think the sky is the limit for it in the future.

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