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Exhibit 21.1
Subsidiaries and Organizational Chart of the Registrant
For the Year Ended December 31, 2010
(i) | Continental Development Ltd., (“Continental”) (a wholly-owned subsidiary of the Company) |
(ii) | Zhejiang Kandi Vehicles Co. Ltd., (“Zhejiang Kandi”) (a wholly-owned subsidiary of Continental) |
(iii) | Kandi Special Vehicles Co., Ltd, (“KSV”, formerly known as Kandi New Energy Vehicles Co. Ltd.) (a wholly-owned subsidiary of Zhejiang Kandi) |
(iv) | Jinhua Three Parties New Energy Vehicles Service Co., Ltd., (“Jinhua Service”) (a 30% owned associate of Zhejiang Kandi) |