[Final Version [ KANDI TECHNOLOGIES GROUP, INC. W ARRANT T O P URCHASE C OMMON S TOCK Issuance Date Company Holder Subscription Date Buyers Securities Purchase Agreement Kandi Technologies Group, Inc., a Delaware corporation (the “ 1. Mechanics of Exercise Exercise Notice Aggregate Exercise Price st Transfer Agent rd DTC (a) Exercise Price Exercise Price (b) Company’s Failure to Timely] [Execution Version SECURITIES PURCHASE AGREEMENT SECURITIES PURCHASE AGREEMENT Agreement Company Buyer Buyers This RECITALS Registration Statement 1933 Act SEC Common Stock Common Shares B. Each Buyer wishes to purchase, and the Company wishes to sell, upon the terms stated in this Agreement, (i) the aggregate number of shares of common stock, $0.001 par value per share, of the Company (the] [Kandi Technologies Announces Entry into Agreement for Registered Direct Placement of th JINHUA, China, March 19 The net proceeds from this offering will be used for general working capital purposes. The completion of the placement is expected to occur on or about March 24th, 2014, subject to the satisfaction of customary closing conditions. FT Global Capital, Inc. acted as the] [FORM 8-K CURRENT REPORT Date of Report (Date of earliest event reported): March 19, 2014 KANDI TECHNOLOGIES GROUP, INC. Delaware 001-33997 90-0363723 (State of Incorporation) (IRS Employer Identification) Jinhua City Industrial Zone (86-579) 8223-9700 Item 1.01 Entry into a Material Definitive Agreement $ , Per the terms of the Purchase Agreement, the Company has agreed with the Buyers the following:]

[Consent of Albert Wong & Co., Independent Registered Public Accounting Firm The Board of Directors Hong Kong, China] [FORM 8-K CURRENT REPORT Date of Report (Date of earliest event reported): March 18, 2014 KANDI TECHNOLOGIES GROUP, INC. Delaware 001-33997 90-0363723 (State of Incorporation) (IRS Employer Identification) Jinhua City Industrial Zone (86-579) 8223-9700 [_] [_] [_] [_] Item 8.01 Other Events 23.1 Consent of Albert Wong & Co. KANDI TECHNOLOGIES GROUP, INC. Hu Xiaoming Its: Chief Executive Officer and]

[FORM 10-K (Mark One) [X] For the fiscal year ended December 31, 2013 or [_] For the transition period from ___________ to _____________ KANDI TECHNOLOGIES GROUP, INC. Delaware 90-0363723 (State or other jurisdiction of incorporation (I.R.S. Employer Identification No.) or organization) Jinhua City Industrial Zone Jinhua, Zhejiang Province People's Republic of China Post Code 321016 (86-579) 82239856 Common Stock, Par] [Private Placement Bond Underwriting Agreement of This agreement is made the 26 day of the month of Dec, 2013, between the two parties in Shanghai Party A: Zhejiang Kandi Vehicles Co., ltd Party B: Everbright Securities co. ltd. Whereas 1. 2. Party B is qualified as a bond underwriter. 3. Party A agrees Party B to act as 2013 private] [Zhejiang Wanxiang Ener1 Power System Co., Ltd. Sales Contract Number: YN20130905-01 Address: No.118 Jianshe Er Road Xiaoshan Economic Development Zone, Hangzhou City, Zhejiang Province ZIP:311215 Tel:0571-82861078 Fax:0571-82606587 http : //www.wanxiang .com.cn Web: Sales Contract of Zhejiang Wanxiang Ener1 Power System Co., Ltd. Buyer: Jinhua Kandi New Energy Vehicles Co., Ltd (Hereinafter referred to as Party A) Supplier: Zhejiang Wanxiang Ener1] [Consent of Albert Wong & Co., Independent Registered Public Accounting Firm The Board of Directors Hong Kong, China] [I, Hu Xiaoming, certify that: 1. I have reviewed this annual report on Form 10-K of Kandi Technologies Group, Inc. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [I, Zhu Xiaoying, certify that: 1. I have reviewed this annual report on Form 10-K of Kandi Technologies Group, Inc. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. March 17, 2014]