Goldman Sachs issued a research paper on December 16, 2013
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.
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