BLNK - Why Kandi Techologies CBAK Energy and Blink Charging Stocks Are All Up 10% (or Even More) on Thursday
Alternative energy stocks are having a great day on Thursday -- especially the ones betting that the future will be dominated by electric cars . As of 12:45 p.m. EST, shares of Kandi Technologies Group (NASDAQ: KNDI) , a Chinese electric-vehicle maker, are up a solid 13.3%. CBAK Energy Technology (NASDAQ: CBAT) , which makes lithium batteries for cars in China, are rising 14.8%, and Blink Charging (NASDAQ: BLNK) , which operates an electric charging network in the U.S., is doing best of all -- up 23.7%.
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Two days ago, Kandi announced that it has received confirmation that the state of Texas is willing to give $2,500 tax rebates to the first 2,000 customers who buy one of its electric cars in that state.
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Why Kandi Techologies, CBAK Energy, and Blink Charging Stocks Are All Up 10% (or Even More) on Thursday