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Kandi Technolgies Corp (KNDI)

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Last Post: 4/24/2015 10:01:43 AM - 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.

Kandi on Facebook


Quick Battery Exchange 

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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Option Chain for KNDI
KNDI News: Kandi Technologies electric vehicle JV aims for public listing in China 04/13/2015 09:31:37 AM
KNDI News: Kandi Technologies' Subsidiary Joint Venture Company to Explore Public Listing in China 04/13/2015 09:11:23 AM
KNDI News: Proxy Statement (definitive) (def 14a) 04/10/2015 12:57:15 PM
KNDI News: Current Report Filing (8-k) 04/01/2015 11:50:02 AM
KNDI News: Kandi Technologies to Participate at the Bank of America Merrill Lynch 2015 New York Auto Summit 03/26/2015 10:37:42 AM
#2167   Bull OK, taking nap. ;-) captainccs 04/24/15 10:01:43 AM
#2166   Is bull ok? Board is too quiet upstatesc 04/23/15 11:41:15 PM
#2165   Kandi Progress Report captainccs 04/21/15 08:43:29 AM
#2164   Kandi rallies. George the Greek 04/09/15 06:04:20 PM
#2163 Aboutus The Piacente Group, Inc. (TP bullmarket2222 03/24/15 08:45:03 PM
#2162   CSIHawaii I am a licensed professional engineer specializing in bullmarket2222 03/20/15 04:14:46 AM
#2161   The chart looks good bounce back to highs Cubanwinner 03/19/15 10:49:14 PM
#2160   Disappointing Earnings robertlvgrv 03/18/15 03:01:57 PM
#2159   Not a good sign when good news is captainccs 03/18/15 11:54:47 AM
#2158   Uber drivers in Chicago start testing electric cars bullmarket2222 03/18/15 12:47:56 AM
#2157   No it isn't. But I still like upstatesc 03/17/15 11:22:54 PM
#2156   Not a good sign when good news is oxnous 03/17/15 08:40:07 PM
#2155   Agreed - great results and growth. Now upstatesc 03/16/15 04:48:09 PM
#2154   Very nice report and nice gains! KingDMC 03/16/15 11:52:41 AM
#2153   2014 Earnings George the Greek 03/16/15 10:10:44 AM
#2152   bullmarket2222 03/15/15 05:02:59 PM
#2151   "Under the Dome" pollution documentary by Chai Jing. George the Greek 03/10/15 07:10:55 PM
#2150   link to translated version of that under the mauser96 03/10/15 06:53:02 PM
#2149   The rise of the electric car rental Wujin bullmarket2222 03/09/15 11:03:15 PM
#2148   Tianneng Power International, the biggest supplier of batteries bullmarket2222 03/09/15 03:51:46 PM
#2147   Forced new energy vehicles under the policy is bullmarket2222 03/06/15 06:10:07 PM
#2146   Kandi Car Pictures... bullmarket2222 03/05/15 02:16:08 PM
#2145   bullmarket2222 03/05/15 09:50:08 AM
#2144   Investors betting on the Chinese automobile market need bullmarket2222 03/04/15 12:54:53 PM
#2143   Automakers vow not to give up on weak-selling electrics bullmarket2222 03/03/15 08:46:15 AM
#2142   BYD's 2014 profit drops 21% on stiff competition, bullmarket2222 03/02/15 03:55:29 PM
#2141   Source: Lithium Power Engineering Published: 2015-03-02 Set font: Xinhuanet bullmarket2222 03/02/15 01:05:03 PM
#2140   Institutional Sponsership is 1 of the many catalyst bullmarket2222 02/28/15 09:26:21 PM
#2139   1.Goldman Sachs Gao Hua Securities Co Ltd. bullmarket2222 02/28/15 02:56:37 AM
#2138   China’s electric vehicle market: Kandi and Tesla bullmarket2222 02/27/15 02:28:10 PM
#2137   The 3 Best Small-Cap Tech Stocks to Buy Now bullmarket2222 02/25/15 06:20:51 PM
#2136   BYD Qin & Kandi EV Dominate China Electric bullmarket2222 02/25/15 02:44:11 PM
#2135   KNDI basically sideways this YTD. UserAlias1 02/25/15 03:25:46 AM
#2134   China's Anti-Pollution Efforts Boosted by Purchase Tax Exemption bullmarket2222 02/24/15 03:14:27 PM
#2133   Kandi Technologies: A Significant Obstacle Has Been Hurdled bullmarket2222 02/21/15 04:56:55 PM
#2132   A CHINA GLUT? bullmarket2222 02/19/15 03:10:10 PM
#2131   Just look like an actual depiction of what's bullmarket2222 02/17/15 06:41:50 PM
#2130   * * $KNDI Video Chart 02-17-15 * * ClayTrader 02/17/15 05:12:48 PM
#2129   So, what's your point? There's some pretty influential mauiguy2 02/17/15 02:56:49 PM
#2128   Just Examine..... bullmarket2222 02/17/15 01:24:21 PM
#2127   A lovely piece of news to start the week! George the Greek 02/17/15 10:35:42 AM
#2126   It's going to be Fun....... bullmarket2222 02/17/15 10:02:01 AM
#2125   Setting up the mother of all short squeezes upstatesc 02/17/15 09:32:23 AM
#2124   Kandi Technologies Announces Conclusion of SEC Investigation UserAlias1 02/17/15 09:12:04 AM
#2123   Billionaire, Li Shufu, CEO of Geely Automobile comments bullmarket2222 02/14/15 12:20:57 AM
#2122   Kandi's new pure electric van is listed on ChinaCar bullmarket2222 02/13/15 10:35:35 PM
#2119   COMMENT Electric car rental business is poised to grow bullmarket2222 02/12/15 02:31:53 PM
#2118   * * $KNDI Video Chart 02-11-15 * * ClayTrader 02/11/15 05:06:50 PM
#2117   Settlement Date Short Interest Avg Daily Share Volume Days To Cover bullmarket2222 02/10/15 10:46:31 PM
#2116   To speed up the construction of the city's bullmarket2222 02/10/15 10:41:40 PM