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Kandi Technolgies Corp (KNDI)

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Last Post: 11/23/2014 12:34:08 PM - Followers: 106 - 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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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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KNDI News: Proxy Statement (definitive) (def 14a) 11/19/2014 05:28:34 PM
KNDI News: Current Report Filing (8-k) 11/12/2014 09:50:54 AM
KNDI News: Quarterly Report (10-q) 11/10/2014 09:29:37 AM
KNDI News: Analyst Reports Companies with Recent Funding and Share Updates 09/23/2014 07:00:00 AM
KNDI News: Current Report Filing (8-k) 09/05/2014 09:06:07 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
#1858   Taxes for Q3 are reported in the 10q. viking86 11/13/14 08:57:14 AM
#1857   Maui: They are copies of notes by others viking86 11/13/14 08:51:42 AM
#1856   Where can I find the conference online. Is Stock8049 11/13/14 07:45:45 AM
#1855   Thanks for posting the notes. They were quite informative. mauiguy2 11/13/14 12:11:37 AM
#1854   Notes bullmarket2222 11/12/14 10:14:36 PM
#1853   Notes Hu spent quite a bit of time talking bullmarket2222 11/12/14 10:10:05 PM
#1852   Notes.... Some questions were raised about Kandi's ability to bullmarket2222 11/12/14 10:08:56 PM
#1851   Tianneng Power Jointly Announces a New Technology for bullmarket2222 11/12/14 09:35:25 PM
#1850   Viking, thanks, not a problem! captainccs 11/12/14 12:12:11 PM
#1849   CC......Power Point.... bullmarket2222 11/12/14 11:10:47 AM
#1848   Ok misunderstood you sorry. viking86 11/12/14 10:16:30 AM
#1847   If consolidated the rev (=S) would be much captainccs 11/12/14 09:16:27 AM
#1846   Actually it's the other way imo. If consolidated viking86 11/12/14 07:21:03 AM
#1845   Harvey - answers in red below... bullmarket2222 11/11/14 08:55:33 PM
#1844   2-14 times sales seems to be the norm.... bullmarket2222 11/11/14 07:29:30 PM
#1843   4x revenue with 3x price to book now. ATCrunch 11/11/14 06:19:56 PM
#1842   Based on what metrics, and what comparable EV bullmarket2222 11/11/14 05:01:40 PM
#1841   But its not consistent enough for me. I ATCrunch 11/11/14 01:59:05 PM
#1840   It was the last 3 quarters but yea ATCrunch 11/11/14 01:41:07 PM
#1839   Was your post a misstatement ...... bullmarket2222 11/11/14 11:52:01 AM
#1838   Can you deny your paying like 5x revenue? captainccs 11/11/14 11:02:11 AM
#1837   Lets look at current metrics on 2 other bullmarket2222 11/11/14 10:11:07 AM
#1836   The current number I use, and the one bullmarket2222 11/11/14 09:53:01 AM
#1835   paying like 7x revenue with last year revenue. captainccs 11/11/14 09:50:48 AM
#1834   Can you deny your paying like 5x revenue? ATCrunch 11/11/14 09:47:18 AM
#1833   Explain this to me.... bullmarket2222 11/11/14 09:38:48 AM
#1832   Using the published numbers, the P/S is overstated captainccs 11/11/14 09:37:33 AM
#1831   paying 5x revenue with current reports. paying like ATCrunch 11/11/14 09:22:09 AM
#1830   Explain this to me.... bullmarket2222 11/11/14 09:06:25 AM
#1829   It will be a interesting report. paying 10x ATCrunch 11/10/14 11:17:52 PM