Chinese Kandi electric cars a step closer to U.S. arrival

Kandi K22The federal government has given initial approval for the Chinese electric car manufacturer Kandi to import two electric cars to the U.S. in coming years, the company announced to investors last week. The company, which is owned by Geely, and is known as Zhejiang Kangdi Vehicles Company in China, is publicly traded on the NASDAQ under the ticker...