Slide 1: Kandi Technologies Corporation
/ KANDI Kandi Technologies Corporation NASDAQ: KNDI
Slide 2: Kandi Management
Kandi Management » Hu Xiaoming Chief Executive Officer and Chairman of the Board : Kenny Hu President and Director Emily Zhu Chief Financial Officer and Director a we 2 Controller
Slide 3: Safe Harbor Statement
@D) _#id) KANDI Safe Harbor Statement This presentation may contain forward-looking statements concerning Kandi Technologies, Corp. The actual results may differ materially depending on a number of risk factors including, but not limited to, the following: general economic and business conditions, d
Slide 4: Kandi: A rapidly growing PRC-based leader
Bid) KANDI - A Kandi: A rapidly growing PRC-based leader in the a engineering, manufacturing and marketing of: aH * ie oi * All Terrain Vehicles — ATV’s
Slide 5: Coming In 2008: Super Mini Cars
/ @D) _geit KANDI Coming In 2008: Super Mini Cars KANDI’s New Base For Hyper Growth super-mini vehicles
Slide 6: Who am I?
Slide 7: / QD _ i, KANDI
/ QD _ i, KANDI
Slide 8: Kandi Quick Facts
Kandi Quick Facts Founded: 2003 Fully reporting U.S. public company: July 6", 2007 NASDAQ listing: March 18, 2008 Manufacturing Facility in the Zhejiang Province, soon to be expanded Most advanced ATV testing facility Distributors in South Africa, Finland, France, UK, Poland, Canada, Spain &USA 100%
Slide 9: Stock Performance
Vc KANDI Stock Performance ' Shares: *19,961,000 ' Management: 60% ' Average Volume i day): 27,737 WSs : Gt Cap:$103 Million >. av 16,056,838"
Slide 10: Outstanding 2007 Results
UTSTANDING 2007 RESULTS ‘ull Year EPS: .31 vs .10 Net Income + 366% Revenues + 138% y @D) i) KANDI $31 $508 $340 26 ls 0 $108 sida - 38 Wet income SM) Revenues($M) Gross Profit Margin : 21.5% (‘07) vs. 17.9% (‘06) a
Slide 11: 2007 Results Drivers
_/=id) KANDI 2007 Results Drivers + Milestone 50,000 + Vehicles Manufactured * Sales Leaders: Sports Vehicles * 2007: 25 Go-kart Models + New High Margin UTV’s (agriculture) + U.S. Q4 Sales up 95% (U.S.- 70% of Sales) Cost Management Se 3
Slide 12: All-Terrain Recreational Vehicles: Steady Growth
All-Terrain Recreational Vehicles: Steady Growth * North America Projected Growth: 5% + Increasing Demand Worldwide + Go- Kart Growth Goals: aintain #1 exporter position y @D _id) KANDI
Slide 13: ATVs
/ CD eis, ANDI “re oer ATV's for ad ie
Slide 14: Go-karts
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Slide 16: Keys to Success
Keys to Success High Quality Production Low Prices Outstanding Design Full Scale After-Market Service Distribution Networks
Slide 17: Competition
_/i, KANDI Competition + Leaders in ATRV’s: China No. 1, Japan and Taiwan * Chinese Manufacturers: 40% of all ATRV’s + Highly Fragmented Market + Kandi among Top Five ATV Exporters / #1 in Go-karts Largest Chinese Competitors: Shanghai Tongjian Sports
Slide 18: Super Mini-Cars
@D i KANDI Super Mini-Cars Kandi’s New Focus for Hyper Growth * 1 million minis sold (est.) in China in 2007 World market growing @ 20% per Year Chinese Government Extending Incentives ndi’s Super Mini-Car Sales Goals 2008 — 5,000 to 10,000 Vehicles 009 — 20,000 to 30,000 Vehicles
Slide 19: Super-Mini Car 2008
| Super-Mini Car 2008 “Kandi Paves The Way For Mass Production Of Super-Mini Cars With Planned $12.3 Million Acquisition Of Adjacent Land And Production Facility” Kandi Press Release 4/22/08 » July 1%*- Transfer ATRV Manufacturing to New Facility » Introduce in North America
Slide 20: Continuing Excitement: New Products
(©) _gzi# KANDI Continuing Excitement: New Products
Slide 21: Newest Go Kart Models
/ DD _itt, KANDI Newest Go Kart Models
Slide 22: Newest ATV Models
/ @) _#zit. KANDI Newest ATV Models
Slide 23: New Facilities
New Facilities y @D _#zi#), KANDI
Slide 24: Looking Ahead: 2008
_i&_ KANDI Looking Ahead: 2008 Positive Outlook for Above Average Growth Improved Contribution from High End Sales — ATV's, Go-karts & UTV’s Initial Sales of: Super-Mini Cars Continuing Gross Margin Improvement 1 Cost Containment
Slide 25: Contact
* China: Kandi Technologies Corp. Hu Xiaoming CEO and Chairman (86-0579) 82239700 + US Investors: Focus Asia Partners Robert Agriogianis Tel: 973-845-6642 Fax: 973-966-6252 US Press: Tel: 212-425-5700 Fax: 212-425-6951