Kandi America Acquires Distribution Center In Garland For Expansion

A new distribution center in Garland, Texas, has been acquired by Kandi America, a subsidiary of Kandi Technologies Group. This 74,758-square-foot industrial property is expected to support the company's expansion in North America, specifically meeting the increasing demand for its all-electric sport vehicles in the U.S. market. The facility is set to become fully operational soon, enabling Kandi America to further strengthen its presence in the region.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Square Footage: 74,758
• Address: 3301 Marquis Drive, Garland
• Market: Garland
• Acres: 4.56

This acquisition was facilitated by Johnny Tai, who served as Kandi America's representative in the deal. Tai played a crucial role in the successful purchase of the distribution center, which will play a pivotal part in supporting the company's growth and expansion strategies in the North American market. With this strategic investment, Kandi America is well-positioned to meet the rising demand for its all-electric sport vehicles.