Slide 1: Investor Presentation May 2015
—f2i_ KANDI Investor Presentation May 2015
Slide 2: Safe Harbor Statement
if. KANDI SAFE HARBOR STATEMENT Except for historical information contained herein, the statements made in the presentation of Kandi Technologies Group, Inc. (the “Company") are forward- looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of
Slide 3: i KANDI
i KANDI
Slide 4: Kandi at a Glance
_i#_ KANDI Kandi at a Glance Founded in 2002 Headquarters: Jinhua, Zhejiang Province, China fe} fe} © NASDAQ GS: KNDI (listed since March 2008) © Stock Price: $9.96* [e} Market Cap: $466.5M (46,834,855* outstanding shares) (eo) Three-month Average Daily Volume: 790,443 Shares* © Three full scale pro
Slide 5: Investment Highlights
_i6_ KANDI Investment Highlights Leading pure EV products 50/50 Joint Venture with Geely provider in China; Auto (JV Company) for fast Committed to alleviating - growth market in China pollution, traffic congestion, ‘\ parking scarcity and energy crisis Multiple expansion _ | initiatives to satisfy
Slide 6: Company timeline
if. KANDI Company timeline Launched Launched Accelerated Formed 50/50 Started direct China's first Quick Battery design, Joint Venture sales to pure EV in Exchange production & with Geely individual August 2008 (QBEX) in distribution of Autoin March customers 2011 EVs in mid- 2013, and Ist beginning
Slide 7: Vehicle model specifications
Announce ment Batch Overall Dimension Total Weight(k) Curb Weight(kg) Wheel Base(mm) No. 255 2900 1545 1590 1340 1160 2080 Capacity Driving Range (km) Max. Speed{km/h) Battery Motor Motor Power(kw) 1460 lithium-ion ferrous phosphate (LFP)battery SCRMPIOUI Max.20 if. KANDI Model ‘Announce ment Batch
Slide 8: Kandi vehicle models
Rif KANDI |) Kandi K13 (City Cowboy) Kandi K12 (City Beauty) = Kandi K30 Kandi K17 Cyclone Model # SMA7002BEVOS
Slide 9: Production facilities
Jinhua Facility Shanghai Facility* | Jiangsu Rugao* completion expected in 2Q15 Hainan Wanning completion expected by end of 2015
Slide 10: Wanning Investment in Hainan
if. KANDI Wanning Investment in Hainan o Designated as official tourism island by the Chinese government o Momentum towards legislation to ban all non-EV vehicles within the province Kandi secured agreement with Wanning city government for a factory development with an annual production capacity of
Slide 11: Joint Venture with Geely Auto
if. KANDI Joint Venture with Geely Auto D imax GEELY Kandi Electric Vehicles Group Co., Ltd. Established in March 2013 - 50/50 ownership interest Increases production capacity to satisfy market demand Develops, manufactures and sells EVs & related auto parts
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—f#2i_ KANDI
Slide 13: Market Overview: Four major issues
| # KANDI | Market Overview: Four major issues © Growing demand for motor vehicles due to rapid economic development and fast-paced urbanization © Adoption of pure EVs and MPT Program help alleviate major issues 1. Environmental Contamination 3. Traffic Congestion
Slide 14: Three Drivers of Resource Waste
if. KANDI Three Drivers of Resource Waste Wasted Parking Resources @Wasted parking resources q Parking Time oose Driving Time Wasted @Wasted road resources > an tune sox asia OE ace Wasted Vehicle Resources @Wasted vehicle resources ‘Only 2 person incar 70% © 23Personsin 4-5 persons in
Slide 15: EV development barriers
_pieis KANDEL | EV development barriers f Short Driving \ Range é Long Charging . Time d Lack of , Charging \ Facilities \ 8 Pollution
Slide 16: Our Solutions: MPT Program
if. KANDI Our Solutions: MPT Program Micro Public Transportation (MPT) with trial services in nine cities in China © Shared pure EV transportation platform for urban residents © Supported by a network of charging/parking stations*, which provides charging, maintenance and battery recycling facilitie
Slide 17: Centralized tracking system
if. KANDI Centralized tracking system management permits tracking of status and location of each vehicle rental Fully computerized control system Customers not required to enter garage Automatic parking Smart charging device assembled
Slide 18: Charging/Parking Stations
Rif KANDI |) Advanced model for public transportation to alleviate traffic congestion Charging/Parking Stations Charging, maintenance, battery recycling Located at airports, train stations, hotels, business centers, selected residential areas and other areas prone to traffic congestion
Slide 19: if KANDI |)
if KANDI |)
Slide 20: Mini Police Car launch with Hangzhou Uptown Public Security Bureau
if. KANDI Launched in January 2015 with Hangzhou Uptown Public Security Bureau Facilitates performance of community safety patrols, fire safety inspections, and other police duties Customized with standard police equipment, firefighting apparatus, emergency kits, and other related equipment Enables
Slide 21: Sizeable Purchase Incentives
i KANDI | Sizeable Purchase Incentives Central EV manufacturers Government compensated in Subsidies benefit Subsidy advance consumers as i prices paid reflect ai TSEGI ee deduction of both F olenintsai purchase EVs from Bene Subsidy dealers a Free license plate in Shanghai for our two EV models. The
Slide 22: Market Expansion Initiatives
if. KANDI Market Expansion Initiatives April 2015 January 2015 End of 2014 December 2014 Nov 2014 Initiated direct-selling operation for the sale of pure EV Developed “Kandi Cyclone,” the latest pure EV model Expect to deliver 10,000-15,000EVs for MPT Program in 2015 Delivered first 60 Kandi Brand E
Slide 23: —f#2i_ KANDI
—f#2i_ KANDI
Slide 24: Revenue (USD in millions)
if. KANDI REVENUE USD in millions) 40.2 43.8 Ql 2014 Ql 2015
Slide 25: Net Income (USD in millions)
if. KANDI Net Income (USD in millions) 20.0 sf a 34 16 @22015 — Q12014" QI 2015° (Non-GAAP) (Non-GAAP)
Slide 26: JV Business Growth
if. KANDI JV Business Growth Sales (USD in miions) (in Units) 25,000 ee wee? att 235 3 a = = : 201SE QI. 2014EV QI 2015 EV 2015E on QI 2015
Slide 27: Fiscal year financial summary 2010-2014
| 642i KANDI scal Year Ended Dec 31 USD in millions (excluding per share) 2010 2011 2012 2013 2014 Revenues 42.88 40.18 64.51 94.54 170.23 Gross Profit 9.62 9.21 12.89 21.74 23.40 Operating Income 3.22 3.04 5.31 1.56 5.24 Net Income 0.95 9.11 6.05 -21.14 12.27 Adj. Net Income 5.00 4.00 4.17 5.16 14.
Slide 28: Direct Exposure to rapidly growing EV market in China
if. KANDI Direct Exposure to rapidly growing EV market in China JV Partnership with Geely Auto enhances development of high: quality and large scale EV products Innovative MPT Program accelerates wide-spread adoption of Kandi's EV products Expanding Municipal Infrastructure in EV parking/charging fa
Slide 29: Thank you
| _pisiw. KANDI Thank you Kewa Luo Matthew Abenante Head of Public Relations, VP The Piacente Group 212-551-3610 212-481-2050 IR@kandigroup.com kandi@tpg-ir.com
Slide 30: —f#2i_ KANDI
—f#2i_ KANDI
Slide 31: Organizational Structure
if. KANDI Organizational Structure Kandi Technologies Group, Inc. (KNDI) | [Lae J Continental Development Limited (BVI) <2 Zhejiang Kandi Vehicles Co., Ltd. 100%
Slide 32: Management Team
if. KANDI Management Team Hu Xiaoming - Chairman, Chief Executive Officer & President Chief Executive Officer, President and Chairman of the Board since March 2002; Project Manager (Chief Scientist) in WX Pure Electric Vehicle Development, a state-level high- priority technology developmental plan f