By Josh Beckerman
Kandi Technologies Group Inc. shares were recently up 31% to $3.56 as Fengsheng Automotive Technology Group Co. introduced its first pure electric SUV, the Maple 30x.
Geely Group owns 78% of Fengsheng Automotive, while Kandi Vehicles owns 22%.
Kandi said the pre-sale price after subsidy for Maple 30x starts at about $9,778, or about $11,342 for a premium package.
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