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Kandi Electric Develops Chinese Service CAR SHARING major cities.
Kandi electric car picture Kandi Technologies Group.
Certainly not Kandi whose electrical service car sharing - that rents electric vehicles and cash dispensers such as buildings --the proving profitable and moving into other Chinese cities.
Kandi The service began in the Chinese city of Hangzhou, echoing a previous bike sharing system offered in the city.
Several multi-storey buildings have sprung up across the city stacked with small electric vehicles with two seats made by himself Kandi similar to the Smart Fortwo in concept vehicles offer a range of 75 miles.
Customers can simply choose a car from the tower and, for the equivalent of 3 to 25 an hour head out across the city to place it in another tower.
The company plans to have 750 towers across the city over the next four years, with 100,000 vehicles as part of a joint venture with the manufacturer Geely - but reports Bloomber g Charged EVs, Kandi is made expand to other Chinese cities also.
Kandi shares have tripled in 2013 and the service is profitable already showing it's proving so successful that representatives from some of the largest cities in China, Shanghai, Beijing and Chengdu, have spoken with the company to extend the service elsewhere.
The company selects local partners to work in these cities, as well as working with the local government in Hangzhou itself to add rental stations at convenient locations such as public car parks, railway stations, hotels and large stores.
Automatic electric car distributor in China Kandi Image Aaron Rockett, video screen capture.
Such expansion can take three to five years, but the company sees its service as one of the best ways to work around common obstacles for new users of electric cars such as finding a place to charge.
The price is also very competitive Beyond a certain distance, it is actually cheaper than taking a taxi-- Bloomberg spoke to a user Kandi, Lu Pin, which cost 90 minutes drive only a third of it would be in the taxi.
And then there are the environmental benefits for China heavily polluted cities.
When air pollution levels recorded 40 times higher than those recommended by the World Health Organization, electric vehicles have never been more relevant.
China finally comes around the idea of electric vehicles and their benefits to the quality of local air, and the central government of the country has recently lowered subsidies and financial incentives reduction plans on vehicles stimulate demand.
While sales of electric cars can barely exceeded 14,600 units last year in China, it could be that services such as Kandi are the ideal alternative.
When pollution taxis or dangerous and scooter bike travel is the only other way to get across town, rent an electric car that looks like the perfect solution - and the growing success of Kandi is proof.
Kandi Chinese Service ElectricCar sharing Expands to major cities, Kandi Chinese sharing service.
Канди, Западная Бенгалия, Индия