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Expansion Of Electronic Vehicle Sales Fails To Boost Kandi Technologies

Kandi Technologies Group Inc KNDI shares are unchanged at $5.10 in Thursday's session. The expansion of sales of electric vehicles into the Shanxi market has failed to attract buying interest in the issue.

At this time, the issue has traded within the confines of Wednesday's range. So far, the high for the day has matched Wednesday's high of $5.35. On the downside, it's finding buyers just ahead of Tuesday's low ($5.00), only reaching $5.05 and attempting to rebound.

That low represents its lowest level since September 2015, when it bottomed at $5.05 and rallied to $12 by year-end before embarking another slow and steady decline.

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