Kandi Vehicles, officially known as Zhejiang Kandi Vehicles Co., Ltd., is located in Jinhua City, Zhejiang Province, China. The company specializes in machinery manufacturing and is a national high-tech enterprise with a provincial-level technology center, integrating research and development, production, and sales. Kandi Vehicles is well-known for producing a variety of vehicles such as all-terrain vehicles, electric cars, and special-purpose vehicles, which meet national standards and have passed the ISO90001:2000 quality system certification as well as professional certifications in Europe and the United States. In 2005, the company invested in a project to produce 100,000 all-terrain vehicles annually, and by 2007, it had become one of the world's largest manufacturers of all-terrain vehicles. On March 18, 2008, Kandi Vehicles was listed on the NASDAQ main board, becoming the first company from Jinhua City to be listed on NASDAQ. Kandi focuses on the construction of corporate culture, with the purpose of "contributing to the country and creating a development platform for the ambitious," and adheres to the corporate spirit of "doing every task seriously," committed to becoming a modern enterprise with core competitiveness.