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SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • December 21st, 2010 • Kandi Technologies Corp • Motor vehicles & passenger car bodies • New York

This SECURITIES PURCHASE AGREEMENT (this “Agreement”), dated as of December 21, 2010, is by and among Kandi Technologies, Corp., a Delaware corporation with headquarters located at Jinhua City Industrial Zone, Jinhua, Zhejiang Province, People’s Republic of China, Post Code 321016 (the “Company”), and each of the investors listed on the Schedule of Buyers attached hereto (individually, a “Buyer” and collectively, the “Buyers”).

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FORM OF WARRANT] KANDI TECHNOLOGIES, CORP. Warrant To Purchase Common Stock
Warrant to Purchase Common Stock • December 21st, 2010 • Kandi Technologies Corp • Motor vehicles & passenger car bodies • New York
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