[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:]