Kandi Technologies

Kandi America Introduces the K32 Luxury Off-road Electric UTV

Retrieved on: 
Wednesday, November 10, 2021
Motor Sports, Alternative Vehicles, Fuels, Sports, Aftermarket, Automotive, General Automotive, Other Automotive, Recreational Vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, Kandi, UTV, KNDI, Person, Security (finance), NASDAQ, CEO, K32, Risk, Multimedia, Kandi Technologies, Nasdaq, EV, Company, U.S. Securities and Exchange Commission, SEC, Rail transport

Kandi America , the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international automotive and powersports manufacturer, today introduced its first off-road all-electric dual motor 4-wheel drive UTV, the K32 .

Key Points: 
  • Kandi America , the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international automotive and powersports manufacturer, today introduced its first off-road all-electric dual motor 4-wheel drive UTV, the K32 .
  • (Photo: Business Wire)
    Recognizing the growing enthusiasm for electric off-road recreational vehicles, Kandi is leveraging its automotive experience and EV technology to make a splash in the powersports industry, said Johnny Tai, CEO of Kandi America.
  • Two versions of the Kandi K32 will feature standard range and long range, priced at $27,699 and $34,499 respectively.
  • Headquartered in Dallas, Texas, Kandi America is primarily engaged in the wholesale distribution of off-road vehicle products and electric vehicles.

Kandi Technologies to Report Second Quarter 2021 Financial Results and Hold a Conference Call on August 9, 2021

Retrieved on: 
Tuesday, August 3, 2021
Kandi Technologies, Kandi, NASDAQ, Finance, Financial markets, Investment

Jinhua, China, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its second quarter 2021 financial results onMonday, August 9, 2021, before the U.S. stock market open.

Key Points: 
  • Jinhua, China, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its second quarter 2021 financial results onMonday, August 9, 2021, before the U.S. stock market open.
  • The Company has scheduled a conference call and live webcast to discuss its financial results at8:00 A.M.Eastern Time (8:00 P.M. Beijing Time) onMonday, August 9, 2021.
  • Zhejiang Kandi Technologies has established itself as one of China's leading manufacturers of pure electric vehicle parts and off-road vehicles.
  • Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements.

Kandi Expands Battery Cell Business with Acquisition of Jiangxi Huiyi

Retrieved on: 
Monday, July 19, 2021
Kandi Technologies, Kandi, Automotive industry, Motor vehicles

JINHUA, CHINA, July 19, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the Company, we or Kandi) (NASDAQ GS: KNDI), today announced the expansion of its battery cell business with the acquisition of a leading cell producer in Jiangxi Province, China.

Key Points: 
  • JINHUA, CHINA, July 19, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the Company, we or Kandi) (NASDAQ GS: KNDI), today announced the expansion of its battery cell business with the acquisition of a leading cell producer in Jiangxi Province, China.
  • The company to be acquired, Jiangxi Province Huiyi New Energy Co., Ltd. (Jiangxi Huiyi), produces approximately 90 million 18650 lithium-ion rechargeable cells annually.
  • Kandi intends to further grow its cell business by using the newly acquired technology to address many new applications, eventually including EV battery packs.
  • Kandi conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Technologies Group Co., Ltd. (Zhejiang Kandi Technologies), formerly, Zhejiang Kandi Vehicles Co., Ltd.) and its subsidiaries including Zhejiang Kandi Smart Battery Swap Technology Co., Ltd, and SC Autosports, LLC (d/b/a Kandi America), the wholly-owned subsidiary of Kandi in the United States, and its wholly-owned subsidiary, Kandi America Investment, LLC.

Kandi America Announces Retail Financing Options

Retrieved on: 
Tuesday, July 6, 2021
Women, Automotive, Seniors, MEN, Automotive Manufacturing, Family, Manufacturing, Consumer, General Automotive, Public transport, Children, Public relations, Investor relations, Baby, Maternity, Finance, Communications, Other Automotive, LGBTQ+, Alternative energy, Transport, Energy, Professional services, Kandi Technologies, Kandi, Neighborhood Electric Vehicle

Kandi America , the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international electric vehicle and powersports manufacturer, today announced it has entered into an agreement with Synchrony , a premier consumer financial services company, to provide retail financing on all Kandi Neighborhood Electric Vehicles (NEV) and Kandi Powersports off-road vehicles.

Key Points: 
  • Kandi America , the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international electric vehicle and powersports manufacturer, today announced it has entered into an agreement with Synchrony , a premier consumer financial services company, to provide retail financing on all Kandi Neighborhood Electric Vehicles (NEV) and Kandi Powersports off-road vehicles.
  • (Photo: Business Wire)
    Recognizing the importance of retail financing, our team has been working diligently to partner with the right company to ensure our NEVs and powersports vehicles are accessible for all, said Johnny Tai, CEO of Kandi America.
  • In addition to partnering with Synchrony to provide retail financing, Kandi is working with Wells Fargo Commercial Distribution Finance and Northpoint Commercial Finance to provide inventory financing to the companys network of dealers.
  • The move of both wholesale financing and retail financing in place is designed to allow Kandi to expand its footprint and approve more applications for dealerships across the country.

Kandi Unveils K32 Premium Fully Enclosed Electric 4WD Utility Terrain Vehicles in Hainan Factory

Retrieved on: 
Monday, May 24, 2021
Kandi Technologies, Kandi, UTV, Side-by-side, Electric vehicle, Jinhua, Transport, Automotive industry, Motor vehicles

JINHUA, CHINA, May 24, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the Company, we or Kandi) (NASDAQ GS: KNDI), today unveiled five prototypes of its new K32 Utility Terrain Vehicle (UTV), producedat its factory in Hainan, China.

Key Points: 
  • JINHUA, CHINA, May 24, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the Company, we or Kandi) (NASDAQ GS: KNDI), today unveiled five prototypes of its new K32 Utility Terrain Vehicle (UTV), producedat its factory in Hainan, China.
  • The K32 is a premium UTV, featuring pure electric four-wheel-drive propulsion and a fully enclosed cockpitwith air conditioning.
  • The Kandi K32 UTV offers a premium experience in UTVs.
  • Zhejiang Kandi Technologies has established itself as one of China's leading manufacturers of pure electric vehicle parts and off-road vehicles.

Kandi Technologies Completes Jinhua Manufacturing Exit Inspection

Retrieved on: 
Tuesday, April 20, 2021
Kandi Technologies, Kandi, Jinhua

b'Jinhua, China, April 20, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (\xe2\x80\x9cthe Company\xe2\x80\x9d, \xe2\x80\x9cwe\xe2\x80\x9d or \xe2\x80\x9cKandi\xe2\x80\x9d) (NASDAQ: KNDI) today announced that it completed all work necessary to vacate the property associated with its legacy manufacturing plant in the Jinhua Economic and Technological Development Zone.

Key Points: 
  • b'Jinhua, China, April 20, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (\xe2\x80\x9cthe Company\xe2\x80\x9d, \xe2\x80\x9cwe\xe2\x80\x9d or \xe2\x80\x9cKandi\xe2\x80\x9d) (NASDAQ: KNDI) today announced that it completed all work necessary to vacate the property associated with its legacy manufacturing plant in the Jinhua Economic and Technological Development Zone.
  • This inspection and acceptance will now be verified by an additional set of interested parties.
  • Upon their approval, within ten working days Kandi will receive the final installment payment of RMB 162 million (USD $22.7 million).\nKandi Technologies Group, Inc. (KNDI), headquartered in Jinhua Economic Development Zone, Zhejiang Province, is engaged in the research, development, manufacturing, and sales of various vehicular products.
  • Kandi conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") and its subsidiaries including Zhejiang Kandi Smart Battery Swap Technology Co., Ltd, and SC Autosports, LLC (d/b/a Kandi America), the wholly-owned subsidiary of Kandi in the United States.

Kandi Technologies to Report Full Year 2020 Financial Results and Hold a Conference Call on March 30, 2021

Retrieved on: 
Thursday, March 25, 2021
Kandi Technologies, NASDAQ, Finance, Financial markets, Investment

JINHUA, China, March 25, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its full year 2020 financial results onTuesday, March 30, 2021, before the U.S. stock market open.

Key Points: 
  • JINHUA, China, March 25, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its full year 2020 financial results onTuesday, March 30, 2021, before the U.S. stock market open.
  • The Company has scheduled a conference call and live webcast to discuss its financial results at8:00 A.M.Eastern Time (8:00 P.M. Beijing Time) onTuesday, March 30, 2021.
  • Kandi Vehicles has established itself as one of China's leading manufacturers of pure electric vehicle parts and off-road vehicles.
  • Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements.

Kandi Technologies Exits Geely Affiliation

Retrieved on: 
Monday, March 15, 2021
Cars, Automotive industry in China, Motor vehicles, Kandi Technologies, Geely, Kandi, Maple, Geely Yuanjing X3

Jinhua, China, March 15, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the Company or Kandi) announced today that it exited its position in Fengsheng Automotive Technologies Group Co., Ltd (the Affiliate Company or Fengsheng).

Key Points: 
  • Jinhua, China, March 15, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the Company or Kandi) announced today that it exited its position in Fengsheng Automotive Technologies Group Co., Ltd (the Affiliate Company or Fengsheng).
  • To formalize the exit, Kandis wholly owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") completed an Equity Transfer Agreement (the Transfer Agreement) with Geely, in which Kandis 22% equity interest in Fengsheng was transferred to Geely in exchange for RMB 308 million (approximately $47.3 million) in cash.
  • To eliminate the impact of these losses on Kandi, our senior management-- authorized by the Board of Directors-- decided to transfer our ownership position to Geely.
  • Kandi conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") and its subsidiaries including Zhejiang Kandi Smart Battery Swap Technology Co., Ltd, SC Autosports, LLC (d/b/a Kandi America), the wholly-owned subsidiary of Kandi in the United States and Fengsheng Automobile Technology Group Co., Ltd (formerly known as Kandi Electric Vehicles Group Co., Ltd., the Affiliate Company).

Kandi America Announces Headquarter Relocation, Expansion Plans

Retrieved on: 
Monday, March 8, 2021
Off-Road Trucks & SUVs, Alternative Vehicles, Fuels, General Automotive, Automotive, Performance & Special Interest, Kandi Technologies, Kandi, Motor vehicles, Automotive industry

Kandi America , the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international automotive manufacturer, today announced its plans for future expansion, starting with a substantial investment made to relocate its corporate headquarters from Garland to a premier location near the intersection of U.S. Highway 75 and Forest Lane.

Key Points: 
  • Kandi America , the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international automotive manufacturer, today announced its plans for future expansion, starting with a substantial investment made to relocate its corporate headquarters from Garland to a premier location near the intersection of U.S. Highway 75 and Forest Lane.
  • The companys long-term strategic plans include continued investment in the development and rollout of electric vehicles and powersports.
  • Kandi America is the U.S. subsidiary of Kandi Technologies Group, Inc. (NASDAQ GS:KNDI).
  • Headquartered in Garland, Texas, Kandi America is primarily engaged in the wholesale distribution of off-road vehicle products and electric vehicles.

KNDI 4-DAY INVESTOR DEADLINE: Hagens Berman Alerts Kandi Technologies Group (KNDI) Investors to February 9th Deadline in Securities Fraud Lawsuit, Investors with Losses Should Contact the Firm Now

Retrieved on: 
Friday, February 5, 2021
Corruption, Fraud, Securities fraud, Kandi Technologies, Kandi, Steve Berman, Articles

SAN FRANCISCO, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Kandi Technologies Group, Inc. (NASDAQ: KNDI) investors to submit their losses now .

Key Points: 
  • SAN FRANCISCO, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Kandi Technologies Group, Inc. (NASDAQ: KNDI) investors to submit their losses now .
  • A securities fraud class action has been filed and certain investors may have valuable claims.
  • Kandi Technologies Group, Inc. (KNDI) Securities Fraud Class Action:
    The complaint centers on whether Kandi manipulated its financial statements, including overstating revenues.
  • Were focused on, among other things, investor losses and proving Kandi engaged in revenue recognition fraud, said Reed Kathrein, the Hagens Berman partner leading the investigation.