Kandi is launching its Micro Public Transit (MPT) carsharing service in Luzhou, China. It is partnering with Luzhou Jiecheng Auto to provide 1,500 Kandi electric vehicles for the program by the end of the year. The Luzhou municipal government is matching the national government's subsidies for the electric vehicles. "We are very pleased to introduce Kandi brand EVs to Luzhou city," says Kandi Chairman and CEO Hu Xiaoming. "Given the strong local government support, we believe the MPT program will help ease traffic congestion and parking scarcity, while contributing positively to the environment and creating a more efficient public transportation experience for Luzhou residents." Read more in the press release below.
The E10 gasoline blend appears to be less corrosive than ethanol-free gasoline, according to a study. While many are concerned about the damaging effects ethanol has on their engine parts, a post from ethanol advocate Urban Air Initiative (UAI) claims a study has shown that the higher level of aromatics in E0 gasoline have shown to damage components over time more than gasoline blended with ten percent ethanol (E10). For the study, fuel lines, containers and plastic components were bathed in the two fluids and their effects compared. The UAI cited a study from ICM Inc. and itself presented at an ASTM meeting, but the folks at Green Car Reports were unable to find the study online (and neither were we). Read more at Green Car Reports or from the Urban Air Initiative.
Tax credits for wind energy, biodiesel and cellulosic ethanol will be included in the bipartisan tax extenders bill. Senator Chuck Grassley (R-IA) pushed for the inclusion, arguing that renewable resources deserve to be considered alongside the tax breaks benefiting non-renewable energy sources. "The energy items not only help support jobs," says Grassley, "they also support the renewable energy that consumers want for a cleaner environment and energy independence." Read more at Senator Grassley's website, and from Biofuels Digest.
Researchers have developed a new way for lithium-ion batteries to self-extinguish. Scientists at the Advanced Batteries Research Center of the Korea Electronics Technology Institute have created temperature-responsive microcapsules that contain a fire-extinguishing material. If the battery's internal temperature approaches a dangerous level, the microcapsules release the material, creating an endothermic reaction to absorb heat and prevent thermal runaway. The benefit of the microcapsules is that they don't degrade battery performance the way other fire prevention methods do. Read more at Green Car Congress.
The E10 gasoline blend appears to be less corrosive than ethanol-free gasoline, according to a study. While many are concerned about the damaging effects ethanol has on their engine parts, a post from ethanol advocate Urban Air Initiative (UAI) claims a study has shown that the higher level of aromatics in E0 gasoline have shown to damage components over time more than gasoline blended with ten percent ethanol (E10). For the study, fuel lines, containers and plastic components were bathed in the two fluids and their effects compared. The UAI cited a study from ICM Inc. and itself presented at an ASTM meeting, but the folks at Green Car Reports were unable to find the study online (and neither were we). Read more at Green Car Reports or from the Urban Air Initiative.
Tax credits for wind energy, biodiesel and cellulosic ethanol will be included in the bipartisan tax extenders bill. Senator Chuck Grassley (R-IA) pushed for the inclusion, arguing that renewable resources deserve to be considered alongside the tax breaks benefiting non-renewable energy sources. "The energy items not only help support jobs," says Grassley, "they also support the renewable energy that consumers want for a cleaner environment and energy independence." Read more at Senator Grassley's website, and from Biofuels Digest.
Researchers have developed a new way for lithium-ion batteries to self-extinguish. Scientists at the Advanced Batteries Research Center of the Korea Electronics Technology Institute have created temperature-responsive microcapsules that contain a fire-extinguishing material. If the battery's internal temperature approaches a dangerous level, the microcapsules release the material, creating an endothermic reaction to absorb heat and prevent thermal runaway. The benefit of the microcapsules is that they don't degrade battery performance the way other fire prevention methods do. Read more at Green Car Congress.
Kandi Technologies to Launch Micro Public Transportation Program in Luzhou
Plans to Deliver 1,500 Kandi Brand Electric Vehicles by the End of 2015
JINHUA, China, July 20, 2015 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (Nasdaq:KNDI), today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company," a 50/50 Joint Venture between Kandi and Shanghai Maple Guorun Automobile Co., Ltd., a 99% owned subsidiary of Geely Automobile Holdings Ltd.) and Luzhou Jiecheng Auto Co. Ltd., have signed a strategic cooperation agreement for the sale of 1,500 Kandi brand electric vehicles ("EVs") in Luzhou to launch the Micro Public Transportation ("MPT") program. In support of the program, the Luzhou municipal government will match the national government's per-vehicle subsidy. Delivery of the 1,500 EVs is expected by the end of 2015.
Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi, commented, "We are very pleased to introduce Kandi brand EVs to Luzhou city. Given the strong local government support, we believe the MPT program will help ease traffic congestion and parking scarcity, while contributing positively to the environment and creating a more efficient public transportation experience for Luzhou residents."
Known as the "wine city," Luzhou is a prefectural-level city located in the southeast of Sichuan Province. The city is not only an important port on the Yangtze river, but is also the largest port in both size and output in Sichuan province. Luzhou has been chosen by the national government as one of the pilot cities for the national renewable energy automobile program.
Plans to Deliver 1,500 Kandi Brand Electric Vehicles by the End of 2015
JINHUA, China, July 20, 2015 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (Nasdaq:KNDI), today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company," a 50/50 Joint Venture between Kandi and Shanghai Maple Guorun Automobile Co., Ltd., a 99% owned subsidiary of Geely Automobile Holdings Ltd.) and Luzhou Jiecheng Auto Co. Ltd., have signed a strategic cooperation agreement for the sale of 1,500 Kandi brand electric vehicles ("EVs") in Luzhou to launch the Micro Public Transportation ("MPT") program. In support of the program, the Luzhou municipal government will match the national government's per-vehicle subsidy. Delivery of the 1,500 EVs is expected by the end of 2015.
Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi, commented, "We are very pleased to introduce Kandi brand EVs to Luzhou city. Given the strong local government support, we believe the MPT program will help ease traffic congestion and parking scarcity, while contributing positively to the environment and creating a more efficient public transportation experience for Luzhou residents."
Known as the "wine city," Luzhou is a prefectural-level city located in the southeast of Sichuan Province. The city is not only an important port on the Yangtze river, but is also the largest port in both size and output in Sichuan province. Luzhou has been chosen by the national government as one of the pilot cities for the national renewable energy automobile program.
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