PHOTO CAPTION: Kandi Technologies electric car has robotically exchangeable battery.

Kandi Successfully Crosses Technology 'Valley of Death'

Tom Konrad sees China EV-maker Kandi well along the road to financial viability, unlike Tesla, which he and others see as entering the technology 'valley of death.'

Published: 05-Aug-2012

My friend and frequent electric vehicle (EV) critic John Petersen recently worried that Tesla (NASD:TSLA) shareholders now buying the stock because of the launch of the company's new Model S were doomed to lose money, since the company is just entering the "trough of disillusionment," as shown in this stylized diagram of the losses a company suffers in the Valley of Death from Osawa and Miyazaki.

Although Petersen is relentlessly negative on EVs, he has a great depth of experience with launching new technologies, and investors ignore him at their peril.

Fortunately, Tesla is not the only EV game in town, and there is another EV company at a much more auspicious stage of the product cycle. That company is Chinese mini-EV manufacturer Kandi Technologies (NASD:KNDI). Incidentally, Kandi is the only EV company Petersen has ever written a positive article about.


Kandi electric car similar to those that will be used in lease program in Hangzhou, China.

Cars will be used in Hangzhou's pilot electric car leasing program.

Kandi-developed self-drive  electric car rental parking tower.

Zhejiang Kandi Vehicles Co., Ltd. has signed a Cooperative Framework Agreement for the Promotion of Self-driving Electric Vehicle Rental for Public Transportation in Hangzhou Project with Zhejiang Guoxin Vehicle Leasing Company.

Kandi electric car is similar in appearance to European smart car.

The primary product of the Zhejiang Kandi Electric will be to provide EVs and EV services for the intra-city public transportation.


blog comments powered by Disqus