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Kandi Technolgies Corp (KNDI)

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Last Post: 12/19/2014 10:33:35 PM - Followers: 104 - 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.

Kandi on Facebook


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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 Technologies Announces 2014 Annual Shareholders Meeting 12/18/2014 02:06:14 PM
KNDI News: Kandi Announces the Sale and Delivery of 700 Kandi Brand Electric Vehicles in Guangzhou City 12/18/2014 09:02:00 AM
KNDI News: Kandi Announces the Sale and Delivery of 1,000 Kandi Brand Electric Vehicles to Chengdu City 12/17/2014 09:02:00 AM
KNDI News: Kandi Technologies Signs Purchase Contract With Tianneng Power International Limited 12/15/2014 12:25:23 PM
KNDI News: Proxy Statement (definitive) (def 14a) 11/19/2014 05:28:34 PM
#1908   Karls Back...... bullmarket2222 12/19/14 10:33:35 PM
#1907   Great news indeed. First entry in a very viking86 12/18/14 01:32:07 PM
#1906   Kandi Announces the Sale and Delivery of 700 bullmarket2222 12/18/14 01:07:47 PM
#1905   Kandi Sells 1,000 Electric Autos For Car-Sharing bullmarket2222 12/17/14 10:19:43 PM
#1904   Kandi Announces the Sale and Delivery of 1,000 bullmarket2222 12/17/14 09:20:56 AM
#1903   Hey Platon Petratos... Was that you selling all tdbowieknife 12/16/14 08:58:42 PM
#1902   * * $KNDI Video Chart 12-15-14 * * ClayTrader 12/15/14 05:19:06 PM
#1901   Agreed, Excellent work.... bullmarket2222 12/14/14 07:16:44 PM
#1900   That's an excellent update. viking86 12/14/14 07:00:14 PM
#1899   I believe you're right..... bullmarket2222 12/14/14 06:32:54 PM
#1898   Headline is misleading. The new rental operation is viking86 12/14/14 06:22:01 AM
#1897   Electric Car Rental Center Opens in China's Zhejiang Province bullmarket2222 12/13/14 07:23:08 PM
#1896   Forbes Asia 12/12/2014 @ 9:25AM 2,110 views bullmarket2222 12/13/14 12:11:12 AM
#1895   Condi push by Geely platform first electric SUV (Figure) bullmarket2222 12/12/14 11:14:42 PM
#1894   Of coarse not...... bullmarket2222 12/12/14 06:23:24 PM
#1893   bull are you Art? SolMastrMnd 12/11/14 10:40:19 PM
#1892   China Offers Billions to Subsidize Electric Cars on bullmarket2222 12/11/14 09:40:48 AM
#1891   Art Particularly on a month to month basis. As bullmarket2222 12/04/14 04:34:58 PM
#1890   Beijing Gao Hua Securities Company Limited is a bullmarket2222 12/01/14 11:00:31 AM
#1889   Station on the A shares to new highs bullmarket2222 12/01/14 08:13:46 AM
#1888   Electric cars see strong growth in the Chinese market bullmarket2222 11/30/14 10:06:04 PM
#1887   Chevy EN-V 2.0 To Be Used In EV-Sharing Program bullmarket2222 11/28/14 12:20:55 PM
#1886   I can say there as been some question bullmarket2222 11/28/14 10:26:48 AM
#1885   New Global EV Rankings out. Nissan Leaf #1 bullmarket2222 11/28/14 10:13:42 AM
#1884   Goldman Sachs (CH) EV Research Update Favors Geely bullmarket2222 11/27/14 04:13:42 PM
#1883   FAW bribe scandal underscores need for Beijing to bullmarket2222 11/27/14 04:12:17 PM
#1882   View on bullmarket2222 11/27/14 03:50:00 PM
#1881   Li Keqiang bullmarket2222 11/25/14 01:35:47 PM
#1880   bullmarket2222 11/25/14 12:47:50 PM
#1879   Dated back... bullmarket2222 11/25/14 09:35:30 AM
#1878   TIANNENG POWER: Announces New Energy Motive Battery Technologies and bullmarket2222 11/23/14 12:34:08 PM
#1877   Tianneng Group was founded in 1986 and locates bullmarket2222 11/23/14 12:25:15 PM
#1876   The first batch of new energy electric buses bullmarket2222 11/21/14 01:00:03 PM
#1875   Kandi Technologies: 'Boots On The Ground' At Kandi bullmarket2222 11/19/14 09:29:30 AM
#1874   Yes Kewa did all the translating on that conference. viking86 11/19/14 07:10:19 AM
#1873   Is that Kewa Luo next to him? captainccs 11/18/14 03:52:46 PM
#1872   CEO Hu in San Francisco.... bullmarket2222 11/18/14 12:44:40 PM
#1871   Haitong Securities chief analyst Zhou Xuhui new energy industry bullmarket2222 11/18/14 06:47:27 AM
#1870   Kandi Technologies - Highlights Of The Second U.S. bullmarket2222 11/17/14 04:25:28 PM
#1869   Ford CEO: We're making a 'Tesla' for the masses bullmarket2222 11/17/14 01:51:04 PM
#1868   Application Electric cars, hybrid cars, golf carts,utility vehicles,electric bullmarket2222 11/15/14 08:48:32 PM
#1867   Lithium battery industry is called the new energy bullmarket2222 11/14/14 09:40:46 PM
#1866   Notes from Frank on his trip to Kandi.... bullmarket2222 11/14/14 07:50:00 PM
#1865   And telecommunications networks> Automotive> Automotive Industry News> Text bullmarket2222 11/14/14 07:27:07 PM
#1864   You're correct, Captain! LOL!! mauiguy2 11/13/14 06:18:01 PM
#1863   But, as always, the tide will be soon captainccs 11/13/14 05:38:12 PM
#1862   Thanks, Viking. mauiguy2 11/13/14 05:13:29 PM
#1861   Others that were at the meeting...... bullmarket2222 11/13/14 10:25:21 AM
#1860   Look at this short Going down Stock8049 11/13/14 09:58:28 AM
#1859   Thank you Stock8049 11/13/14 08:58:10 AM