[FORM 10-K (Mark One) December 31, 2015 For the fiscal year ended or For the transition period from ___________to ___________ 001-33997 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 Value $0.001] [NON- QUALIFIED STOCK OPTION AGREEMENT 2008 OMNIBUS LONG-TERM INCENTIVE PLAN KANDI TECHNOLOGIES GROUP, INC. * * * * * Grantee: Per Share Exercise Price: $ Number of Option Shares subject to this Option: * * * * * WHEREAS, it has been determined under the Plan that it would be in the best interests of the Company to grant the] [Employment Contract This Employment Contract (this “Contract”) is made and entered into as of March 20, 2015 by and between Kandi Technologies Group, Inc., a Delaware Corporation (hereinafter referred to as “Party A”), and Wang Cheng, an individual (hereinafter referred to as “Party B”, ID# 420106197311197730). In consideration that Party A intends to retain Party B as Party A’s CFO] [SUBSIDIAIRES OF KANDI TECHNOLOGIES GROUP, INC. Name Place of Incorporation Continental Development Limited Hong Kong, Special Administrative Region of the People's Republic of China Zhejiang Kandi Vehicles Co., Ltd. The People's Republic of China Yongkang Scrou Electric Co, Ltd. The People's Republic of China Jinhua Kandi New Energy Vehicles Co., Ltd. The People's Republic of China Kandi Electric Vehicles (Hainan)] [Consent of AWC (CPA) Limited, Independent Registered Public Accounting Firm The Board of Directors] [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, Wang Cheng (Henry), 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] [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 14, 2016]

[Kandi Technologies Reports Fourth Quarter and Full Year 2015 Financial Results Q4 EV parts sales increased 51.6% year-over-year to $57.5 million - 2015 EV parts sales increased 68.4% year-over-year to $196.1 million - Q4 the JV Company sold 12,100 EV products, a 231.0% increase year-over-year - Kandi Technologies Group, Inc. JINHUA, CHINA-- (March 14, 2016) - Fourth Quarter Highlights •] [FORM 8-K CURRENT REPORT Date of Report (Date of earliest event reported): March 14, 2016 KANDI TECHNOLOGIES GROUP, INC. Delaware 001-33997 90-0363723 (State of Incorporation) (IRS Employer Identification) Jinhua City Industrial Zone Jinhua, Zhejiang Province People’s Republic of China Post Code 321016 (86-579) 8223-9700 Item 2.02 Results of Operations and Financial Condition. Item 9.01. (d) Description 99.1 Press Release, dated]