{"id":786513,"date":"2023-09-27T13:52:59","date_gmt":"2023-09-27T17:52:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\/"},"modified":"2023-09-27T13:52:59","modified_gmt":"2023-09-27T17:52:59","slug":"kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\/","title":{"rendered":"Kandi America Acquires New Distribution Center to Accommodate Planned Growth"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Kandi America Acquires New Distribution Center to Accommodate Planned Growth<\/b><\/p>\n<p>DALLAS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nKandi America (\u201cKandi\u201d or the \u201cCompany\u201d), a leading distributor of all-electric personal transportation and utility vehicles, a.k.a. SC Autosports, LLC, a fully owned subsidiary of Kandi Technologies Group, Inc., (Nasdaq: KNDI), today announces the acquisition of a state-of-the-art distribution center (\u201cDC\u201d) in suburban Dallas, Texas. This DC to be operated by Kandi reflects the necessity to accommodate steadily accelerating momentum in its U.S. all-electric sport vehicle business.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230927901722\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230927901722\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230927901722\/en\/1899903\/4\/Kandi_America_Acquires_Distribution_Center_in_Texas.jpg\" alt=\"Kandi America Acquires Distribution Center in Texas (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Kandi America Acquires Distribution Center in Texas (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nCompleted in 2023, the newly constructed facility is located at 3301 Marquis Drive in Garland, Texas and boasts a sprawling 74,758 square feet of warehouse space on a 4.56-acre lot. The acquisition was closed on September 13, 2023. Kandi expects to have the DC fully operational in the next few months.<\/p>\n<p>\nJohnny Tai, CEO of Kandi America, noted: \u201cThis newly built facility enables us to support our accelerating expansion in North America. Having established the Kandi brand through product quality, attractive pricing, and marketing support, we now intend to drive growth through geographic penetration across the U.S. Additional distribution centers will be key to fulfilling demand in a timely and cost-effective manner.\u201d<\/p>\n<p>\nOlen Rice, President of Northern Group, Inc, a wholly owned subsidiary of Kandi America, commented, \u201cRenowned for its business-friendly environment, the city of Garland in North Texas is a pivotal hub, situated conveniently near Interstate Highway 635. This location aligns seamlessly with our near-term strategy to drive penetration in adjacent states, even as we set our eyes on building a country-wide distribution network.\u201d<\/p>\n<p><b>About Kandi America<\/b><\/p>\n<p>\nSC Autosports, LLC is the U.S. subsidiary of Kandi Technologies Group, Inc. (NASDAQ: KNDI), doing business under the name Kandi America. Headquartered in Dallas, Texas, Kandi America is primarily engaged in the distribution of electric recreational vehicles and electric equipment. Kandi has been committed to designing and producing electric vehicles along with other innovative products. The company acquired SC Autosports in 2018 to be its exclusive U.S. distributor. Throughout the years, Kandi Technologies has become a name for pure electric vehicles manufacturing and its subsidiaries are known as specialists in making parts and batteries for electric vehicles. Now with its U.S. operations launching in 2018, Kandi America is well positioned to design and distribute its vehicles through dealer partners nationwide so consumers who want environmentally conscious transportation have access to affordable options for electric vehicles along with service and support from their local dealership. The company is on a mission to bring affordability and accessibility to the electric vehicles market. With the launch of its electric personal transportation models, Kandi America is beginning a revolution \u2013 or rather an Auto Evolution \u2013 for all.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230927901722r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230927901722\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230927901722\/en\/<\/a><\/span><\/p>\n<p>\nMs. Fion Tsao<br \/>\n<br \/>+1-972-271-0888 x 107<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:pr@kandiamerica.com\">pr@kandiamerica.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Retail Automotive Manufacturing EV\/Electric Vehicles Manufacturing Alternative Vehicles\/Fuels Automotive Batteries Alternative Energy Energy Transport Specialty Recreational Vehicles Logistics\/Supply Chain Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230927901722\/en\/1899902\/3\/Kandi_America_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230927901722\/en\/1899903\/3\/Kandi_America_Acquires_Distribution_Center_in_Texas.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Kandi America Acquires Distribution Center in Texas (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Kandi America Acquires New Distribution Center to Accommodate Planned Growth DALLAS&#8211;(BUSINESS WIRE)&#8211; Kandi America (\u201cKandi\u201d or the \u201cCompany\u201d), a leading distributor of all-electric personal transportation and utility vehicles, a.k.a. SC Autosports, LLC, a fully owned subsidiary of Kandi Technologies Group, Inc., (Nasdaq: KNDI), today announces the acquisition of a state-of-the-art distribution center (\u201cDC\u201d) in suburban Dallas, Texas. This DC to be operated by Kandi reflects the necessity to accommodate steadily accelerating momentum in its U.S. all-electric sport vehicle business. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230927901722\/en\/ Kandi America Acquires Distribution Center in Texas (Photo: Business Wire) Completed in 2023, the newly constructed facility is located at 3301 Marquis Drive in Garland, Texas and boasts a sprawling &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kandi America Acquires New Distribution Center to Accommodate Planned Growth&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-786513","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kandi America Acquires New Distribution Center to Accommodate Planned Growth - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kandi America Acquires New Distribution Center to Accommodate Planned Growth - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Kandi America Acquires New Distribution Center to Accommodate Planned Growth DALLAS&#8211;(BUSINESS WIRE)&#8211; Kandi America (\u201cKandi\u201d or the \u201cCompany\u201d), a leading distributor of all-electric personal transportation and utility vehicles, a.k.a. SC Autosports, LLC, a fully owned subsidiary of Kandi Technologies Group, Inc., (Nasdaq: KNDI), today announces the acquisition of a state-of-the-art distribution center (\u201cDC\u201d) in suburban Dallas, Texas. This DC to be operated by Kandi reflects the necessity to accommodate steadily accelerating momentum in its U.S. all-electric sport vehicle business. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230927901722\/en\/ Kandi America Acquires Distribution Center in Texas (Photo: Business Wire) Completed in 2023, the newly constructed facility is located at 3301 Marquis Drive in Garland, Texas and boasts a sprawling &hellip; Continue reading &quot;Kandi America Acquires New Distribution Center to Accommodate Planned Growth&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-27T17:52:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20230927901722\/en\/1899903\/4\/Kandi_America_Acquires_Distribution_Center_in_Texas.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Kandi America Acquires New Distribution Center to Accommodate Planned Growth\",\"datePublished\":\"2023-09-27T17:52:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\\\/\"},\"wordCount\":545,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230927901722\\\/en\\\/1899903\\\/4\\\/Kandi_America_Acquires_Distribution_Center_in_Texas.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kandi-america-acquires-new-distribution-center-to-accommodate-planned-growth\\\/\",\"name\":\"Kandi America Acquires New Distribution Center to Accommodate Planned Growth - 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