Slide 1: Investor Presentation September 2015
Investor Presentation September 2015
Slide 2: Safe Harbor Statement
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 fo the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For
Slide 3: Kandi
if. KANDI
Slide 4: Kandi at a Glance
_fi8_ KANDI Kandi at a Glance Founded in 2002 Headquarters: Jinhua, Zhejiang Province, China NASDAQ GS: KNDI (listed since March 2008) o 0 0 0 Stock Price: $6.76* © Market Cap: $317.0M (46,896,809* outstanding shares) © Three-month Average Daily Volume: 639,475 Shares* © Three full-scale production
Slide 5: Investment Highlights
_i#i8, KANDI Investment Highlights Leading pure EV products provider in China; Committed to alleviating pollution, traffic congestion, parking scarcity and energy crisis Innovative MPT (Micro Public Transportation) Program promotes rapid EV adoption; Expects up to 15,000 EVs delivered in 2015 Multip
Slide 6: Key Milestones
_&i&_ KANDI Key Milestones 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 Auto in March customers 2011 EVs in mid- 2013, and Ist beginn
Slide 7: EV model specifications
i KANDI Model SMATOOOBEV ‘Announce | No. 255 ment Batch Overall | 29001545» Dimension | 1590 Total 1340 Weight{ka) Cure 1160 Weightika) Wheel 2080 Base(mm) Rated Capacity Driving Range(km) Max. Speedikm/h) Battery Motor Motor Power(kw) E lithium-ion ferrous phosphate (UEP battery ‘SCRMP1OUI Mox.20 M
Slide 8: Kandi K17 (Cyclone) and Kandi K30
_f#i6_ KANDI Kandi K17 (Cyclone) Kandi K30 On sale in Q3 Model #SMA7002BEVO5 Driving Range: 190k: Max. Speed Ab: "1 eee eee,
Slide 9: Production facilities
Jinhua Facility Shanghai Facility* Jiangsu Rugao* Hainan Province _feidh KANDI |
Slide 10: Joint Venture with Geely Auto
Joint Venture with Geely Auto D _ i KANDI 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
Slide 11: Kandi
i, KANDI
Slide 12: Market Overview: Four Major Issues
i 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 helps alleviate major issues 1. Environmental Contamination 3. Traffic Congestion
Slide 13: Three Drivers of Resource Waste
Ri KA Three Drivers of Resource Waste Wasted Parking Resources @Wasted parking resources <q Parking Time 90% [Driving Time Wasted Road Resources QWasted road resources — : ring 50% Road for Wasted Vehicle Resources @Wasted vehicle resources 70%
Slide 14: EV Development Barriers
_i#i8, KANDI EV Development Barriers \ ’ Short Driving Range Long Charging Time Lack of Charging Facilities Battery | Maintenance kL & Pollution
Slide 15: Our Solution: MPT Program
Our Solution: MPT Program Micro Public Transportation (MPT) program 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 facilities Centra
Slide 16: Centralized tracking and control system
_f#i6_ KANDI Centralized tracking system tracks the real-time status and precise location of each rented vehicle Fully computerized control system Customers not required to enter garage Automatic parking Smart charging device assembled
Slide 17: Convenience & Ease of Use
i. KANDI Convenience & Ease of Use: On-Street Parking Advanced public transportation model to alleviate Charging/Parking Stations © Charging, maintenance, battery recycling © Located at airports, train stations, hotels, business centers, selected residential areas and other areas prone fo traffic co
Slide 18: Hangzhou Huanglong Hotel station
#18 KANDI ie * iil iitid —_ Hangzhou Huanglong Hotel
Slide 19: Mini Police Car Program
IZ _f#i6_ KANDI Launched in January 2015 with Hangzhou Uptown Public Security Bureau Utilized for community safety patrols, fire safety inspections, and other police duties Customized with standard police equipment, firefighting apparatus, emergency kits, and other related equipment Enables police t
Slide 20: Government subsidies for EV manufacturers
Central EV manufacturers Government compensated in Subsidi € Subsidy advance consumers prices paid re of both Received US$44.3 million national subsidy for pure EV sales during Q3&Q4 of FY2014 and US$59.6 million prepaid national subsidy for pure EV sales in 2015 Free license plates in Shanghai for
Slide 21: Market Expansion Initiatives
_i#i8, KANDI Market Expansion Initiatives August 2015 July 2015 January 2015 End of 2014 Launched marketing campaign for K17 in Beijing and Shanghai Plan to launch MPT Program in Kunming and Luzhou with delivery of 2,000 and 1,500 EVs, respectively, by the end of 2015 Signed sales contract with Zhej
Slide 22: Kandi
i, KANDI
Slide 23: Revenue (USD in millions)
Revenue (USD in millions) Q2 2014 Q22015
Slide 24: Net Income (USD in millions)
Net Income (USD in millions) Ss ' 22014 © @22015 = 22014" 2.2015" (Non-GAAP) (Non-GAAP)
Slide 25: JV Business Growth
JV Business Growth Sales EV Products (USD in millions) (in Units) 350.0 25,000 300.0 250.0 ee al Le 201SE 2 2014EV Q22015EV DIE —Q2WI4. © Q2DIE
Slide 26: Financial summary 2010-2014
| ei KANDI | Se (excluding 5919 2011 2012 2013 2014 Revenves 42.88 40.18 64.51 94.54 170.23 Gross Profit 9.62 921 1289 274 73.40 Operating Income 3.22 3.04 531 1.56 5.24 Net Income 095 91 6.05 21.14 12.27 Adj. Net Income 5.00 4.00 4l7 5.16 14.20 Fully Diluted EPS 0.04 0.32 0.20 01 0.29 , Cash/Cash E
Slide 27: Investment summary and 2015 outlook
i 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 Innevative MPT Program accelerates wide-spread adoption of Kandi's EV products Expanding Municipal Infrastructure in EV parking/charging facil
Slide 28: Thank you
on Kewa Luo Head of Public Relations, VP 212-551-3610 IR@kandigroup.com Thank you | _péei KANDI | Investor Relations 7 Follow us on Twitter: The Piacente Group Kandi Gr 212-481-2050 aia tandietpgi.com CWwikker
Slide 29: Kandi
i, KANDI
Slide 30: Organizational Structure
Organizational Structure Kandi Technologies Group, Inc. (KNDI) [00% ] Continental Development Limited (BV!) [100% | Zhejiang Kandi Vehicles Co., Ltd. 50% | = Yongkang Scrou Electric _ Jinhua Kandi New Energy Vehicle ene Znejiang Zuoznongvou aes eck ets Erecine Vehicle Serves (Sit) (the “Service Comp
Slide 31: Management Team
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 from Octobe