Posted On: 12/28/2013 12:57:25 PM
Post# of 63824
Goldman Sachs issued a research paper on December 16, 2013 on Geely and the joint venture with Kandi.
"We visited the Kandi (Kandi.o not covered) and Geely joint venture in Hangzhou on December 6 and discussed the "micro public transport" concept with management..............Kandi/Geely JV, however, might provide an EV solution for city transport, with considerable near-term volume potential, by addressing the three obstacles (battery durability and cost, change of consum.behav., charging infrastr.) and helping local governments achieve environmental targets.
"We visited the Kandi (Kandi.o not covered) and Geely joint venture in Hangzhou on December 6 and discussed the "micro public transport" concept with management..............Kandi/Geely JV, however, might provide an EV solution for city transport, with considerable near-term volume potential, by addressing the three obstacles (battery durability and cost, change of consum.behav., charging infrastr.) and helping local governments achieve environmental targets.
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