The Futures Agency · The Kandi Machine — China’s Sweet Pollution….
Read the WIRED story: “If you find yourself in need of a ride in Hangzhou, China, you can waltz up to a multi-story garage, punch a few buttons, and have a fully charged electric vehicle deposited in front of you. It’s a new car-sharing scheme launched by Kandi Technologies that takes the hyper-successful bike-sharing model in China and puts it onto four electrically powered wheels.
For a little over $3 an hour, these ultra-compact, Chinese-made EVs can get about 75 miles on a charge and max out at 50 mph, and when the driver is done, they can drop off their rented ride at another Kandi station near their destination. Since its launch last year, Kandi has two EV vending machines in Hangzhou, a city of 10 million people about an hour outside of Shanghai. The company has plans to add another 10 this year, while expanding to China’s most populous cities: Beijing and Shanghai…”
