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Kandi Technolgies Corp (KNDI)

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Last Post: 9/14/2017 3:18:39 PM - Followers: 99 - Board type: Free - Posts Today: 0


Kandi Technologies, engaged in designing, developing, manufacturing, and commercializing all-terrain vehicles (ATVs), go-karts, and specialized automobiles, such as electric vehicles (EVs) for the People Republic of China and global markets. Its products include off-road vehicles (which include ATVs, utility vehicles (UTVs), and go-karts), motorcycles, refitted cars and super-mini-cars. During the year ended December 31, 2011, the Company's ATVs sales were 9,958 units. During 2011, its go-karts sales were 25,757 units. During 2011, the Company’s UTVs sales were 1,198 units.The KD 5011 is available for sale to consumers in Hangzhou. In March 2013, the Company’s wholly owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. (Kandi Vehicles) established Kandi Electric Vehicles (Changxing) Co., Ltd. On April 23, 2013, it announced that Kandi Electric Vehicles (Wanning) Co., Ltd. (Kandi Wanning), incorporated by Kandi's wholly owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd.

Kandi and Geely (Geely owns Swedish carmaker VOLVO)  Enter Into Joint Venture Contract to Establish Zhejiang Kandi Electric Vehicles Co, Ltd.

March 22, 2013, the Company's wholly owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd ('Kandi Vehicles') entered into a Joint Venture Agreement with Shanghai Maple Guorun Automobile Co., Ltd. ('Shanghai Maple'), a 99% owned subsidiary of Geely Automobile Holdings Ltd. (Hong Kong Stock Exchange, Stock Code: 175) (the "Geely") to establish a joint venture company of Zhejiang Kandi Electric Vehicles Co., Ltd. (the "JV Company").

Pursuant to the JV Agreement, the registered capital for the JV Company is RMB1 billion (approximately $160 million) and each party will contribute 50% of the registered capital in cash and will each own 50% of the JV Company.

The business scope of JV Company is to develop, manufacture and sell electric vehicles (the "EVs") and to develop, purchase, manufacture and sell auto parts, and invest in other companies which engage in such businesses.

The JV Company will acquire EV assets from Kandi and Geely in order to possess the necessary properties, assets and technologies to conduct its EV business. The JV Company will leverage the strength, resources and expertise of both Kandi and Geely in the EV segment to develop and provide affordable electric vehicles and efficient services to its customers.

The primary product of the JV Company will be to provide EVs and EV services for the intra-city public transportation and it will use the experience of EV operations in Hangzhou City to promote the use of EVs and make it the leader in the electric vehicle market.

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Kandi Technologies 3D Animation of Their EV Vertical Parking Garage Concept.

Kandi Electric Car In Hangzhou China Using State Grid Quick Battery Exchange Robotics

Kandi Tech (KNDI) EV QC/Finishing Building with various EV'


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KNDI News: Kandi’s JV Company Achieved 3,213 EV Units Sales in August 09/05/2017 08:37:00 AM
KNDI News: Li Guoliang, Deputy Governor of Hainan Province, Tours Kandi’s Hainan Facility 09/01/2017 08:35:00 AM
KNDI News: The Party Secretary of Jiangsu Province Mr. Li Qiang Visited Rugao City 08/21/2017 10:02:30 AM
KNDI News: Current Report Filing (8-k) 08/11/2017 01:32:20 PM
KNDI News: Quarterly Report (10-q) 08/09/2017 04:14:49 PM
#2390   Nice exit who bought last month Spicknspan 09/14/17 03:18:38 PM
#2389   The run that the other names have been MWM 09/13/17 09:55:46 PM
#2388   I can use 22/share again. EOM PennyWorld 09/13/17 09:54:51 PM
#2387   With the way China is strucuted, these stocks MWM 09/13/17 09:39:42 PM
#2386   Yes, that post about banning gas engines is PennyWorld 09/13/17 09:27:36 PM
#2385   Ahh just saw this post, wow that is MWM 09/13/17 09:04:10 PM
#2384   The little China plays have been on a MWM 09/13/17 09:03:11 PM
#2383   China is planning to ban gas and diesel mauiguy2 09/13/17 05:13:12 PM
#2382   Do you know what accounted for the recent PennyWorld 09/13/17 04:00:25 PM
#2381   Didn't realize how cheap she had stayed. Might MWM 09/13/17 03:07:58 PM
#2380   PR 9/5/17 Kandi’s JV Company Achieved 3,213 EV PennyWorld 09/05/17 10:01:37 AM
#2379 PennyWorld 08/24/17 05:45:54 PM
#2378   I agree. Relying on subsidies is relying on Spicknspan 08/12/17 01:48:54 PM
#2377   KNDI simply needs to adjust their planning to PennyWorld 08/10/17 09:15:14 AM
#2376   KNDI just does not sell enough vehicles to Spicknspan 07/15/17 09:14:38 PM
#2375   I didn't. Did you? If so, what was mauiguy2 03/23/17 03:14:52 PM
#2374   KNDI some insider action today. Anybody listen to 24seven 03/23/17 11:15:06 AM
#2373   I think I know now how I received PennyWorld 03/21/17 09:13:38 PM
#2372   i don't know either. Sounds believable, though. Hope mauiguy2 03/21/17 07:53:11 PM
#2371   Any idea what this is? I received PennyWorld 03/21/17 06:07:26 PM
#2370   It's been a long time since I've seen mauiguy2 03/18/17 06:10:18 AM
#2369   This is true. What is also true PennyWorld 03/17/17 08:00:41 AM
#2368   Perhaps. I find this company very frustrating. They are mauiguy2 03/17/17 06:53:45 AM
#2367   You think that they have a case regarding PennyWorld 03/16/17 09:26:29 PM
#2366   They are known as "Ambulance Chasers". mauiguy2 03/16/17 09:06:49 PM
#2365   Law suit filing today is putting pressure on PennyWorld 03/16/17 08:27:54 PM
#2364   I think KNDI has this behind them now. PennyWorld 03/16/17 05:55:23 PM
#2363   We had 2 sets of pretty grim news mauiguy2 03/16/17 10:36:26 AM
#2362   Earnings News.....I believe that this anticipated news is PennyWorld 03/16/17 08:50:56 AM
#2361   Damn KNDI was up 74% this morning pre, Ma Ja 02/23/17 09:36:37 AM
#2360   The news has been out for awhile. Therefore, mauiguy2 01/27/17 07:07:08 PM
#2359 you figure that the delayed shipments in PennyWorld 01/27/17 05:36:51 PM
#2358 you figure that the delayed shipments in PennyWorld 01/27/17 05:36:50 PM
#2357   I agree with you regarding KNDI being undervalued. mauiguy2 01/27/17 11:17:04 AM
#2356   Hope more good news in next few weeks. Maple tree 01/26/17 06:01:05 PM
#2355   I see the triangle. Let's hope you are PennyWorld 01/12/17 04:39:07 AM
#2354   The stock chart of Kandi Technologies Group Inc annabelletrader 01/11/17 12:36:30 PM
#2353   Great News that the subsidy issue is finally PennyWorld 12/20/16 09:37:36 AM
#2352   News Release on KNDI Subsidies..... PennyWorld 12/20/16 09:13:03 AM
#2351   Based on historical priced patterns I'm confident that PennyWorld 12/19/16 05:54:08 PM
#2350   KNDI is on a rippp!! eom PennyWorld 12/13/16 02:46:43 PM
#2349   Kndi will be a big player in China Maple tree 11/30/16 07:30:32 AM
#2348   The subsidy announcement happened sooner than I expected. PennyWorld 11/29/16 10:41:14 PM
#2347   Looking strong. Next is 200 day ma at 6.50 swinging for the fence 11/29/16 10:00:42 PM
#2346   KNDI $ 5.65. TheLionAndTheLamb 11/29/16 09:44:02 PM
#2345   It takes off to next level. Hope company Maple tree 11/29/16 07:40:18 PM
#2344   KNDI $ 5.05. It could pull back TheLionAndTheLamb 11/29/16 01:18:49 AM
#2343   Insiders keep buying and business must be in Maple tree 11/28/16 09:05:25 PM
#2342   KNDI bearish 4.60 stocktrademan 11/26/16 07:23:52 PM
#2341   This price pressure is all about the delay PennyWorld 11/16/16 08:04:28 PM