Kandi Technologies has announced the Car-Share Program to be launched in Chengdu with the delivery of 1,000 Kandi brand electric vehicles before the year-end.
Chengdu is the capital of Sichuan province in Southwest China and being an important center for economy and technology, Chengdu has been chosen to be one of the national renewable energy automobile pilot cities.
Purchasers of Kandi’s SMA7000BEV and SMA7001BEV models will receive a national government subsidy of RMB 47,500.00 and the local government subsidy of RMB 47,500.00 from Sichuan provincial government and Chengdu municipal government combined.
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ZuoZhongYou (Chengdu) Electric Vehicle Service has been given for the registration approval from the local State Administration of Industry and Commerce for the formation of ZZY-Chengdu.
Upon the completion of subsidiary procedures for ZZY-Chengdu’s establishment, the Car-Share Program and Long-term Group Leasing Program will be officially launched in Chengdu by the end of this year.
Zhejiang ZuoZhongYou Electric Vehicle Service is the first in market to initiate the public pure EV sharing program. Kandi, through its 50 percent ownership interest in Kandi Electric Vehicles indirectly holds a 9.5 percent interest in ZZY.
In the Car-Share Program, individually driven pure EVs are generally used. The charging as well as parking stations that are located at airports, train stations, hotels, business centers and residential areas are mostly congested.
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Individual drivers connect to EV rental service in and around the city through a network system. It also provides EV maintenance and battery charging to self-service users.
Through a tracking system, Car-Share Program management can keep a watch at the status and location of each vehicle.
Implemented for the first time in Hangzhou since 2013, it has now begun to expand into other major cities in China.
The Group Long-term Lease Program is a lease model that uses enterprise, community or village as lease units and each unit leases a minimum of 100 EVs with a group lease term at a minimum of three years.
Sabeena Wahid
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