Chinese electric vehicle manufacturer Kandi announced on May 16th, at a seminar hosted by the Enterprise Institute of China’s State Council’s Development Research Center in Beijing exploring new business models for the EV industry, plans for an innovative pure EV rental service. The service, which will be piloted in Hangzhou, would make available 100,000 pure EVs for consumer rental at “smart” vehicle parking and charging facilities situated throughout the city at key intersections of commuter traffic.

Source: Yahoo Finance article

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