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Kandi Technologies Appoints New CEO for SC Autosports
KandiKandi(US:KNDI) GlobeNewswire News Room·2024-12-02 13:45

Core Viewpoint - Kandi Technologies Group, Inc. has appointed Mr. Bin Yu as the new CEO of its U.S. subsidiary, SC Autosports, as part of its strategic efforts to enhance high-quality development initiatives [1][5]. Group 1: Leadership Changes - Mr. Bin Yu has over 20 years of corporate management experience and has held senior leadership roles in several multinational corporations [2]. - Prior to joining Kandi, Mr. Yu held key positions at BoulderAI Technologies, Huawei, and Cisco Systems, showcasing a strong background in technology and management [3]. - Johnny Tai will transition from CEO of SC Autosports to Vice President, focusing on expanding the dealer network [4]. Group 2: Company Overview - Kandi Technologies Group, Inc. is headquartered in Jinhua, Zhejiang Province, and is engaged in the research, development, manufacturing, and sales of various vehicular products, particularly electric vehicles [6]. - The company operates through its wholly-owned subsidiary, Zhejiang Kandi Technologies Group Co., Ltd., and includes subsidiaries such as Kandi Electric Vehicles and SC Autosports [6].