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Kandi Technolgies Corp (KNDI)

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Last Post: 10/22/2014 5:14:24 PM - Followers: 103 - Board type: Free - Posts Today: 5


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: 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
KNDI News: Prospectus Filed Pursuant to Rule 424(b)(5) (424b5) 08/29/2014 04:20:47 PM
KNDI News: Current Report Filing (8-k) 08/29/2014 09:41:50 AM
KNDI News: Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) 08/20/2014 04:09:44 PM
#1789   China's "slowing" economy is in the order of captainccs 10/22/14 05:14:24 PM
#1788   It is easier for those long from single digits George the Greek 10/22/14 01:58:56 PM
#1787   Klien is solid and cuban doesn't shake him bullmarket2222 10/22/14 07:30:23 AM
#1785   Not to sound condescending but I got chuckle bullmarket2222 10/22/14 06:53:19 AM
#1784   China's economy is slowing down and that could Spicknspan 10/21/14 08:02:27 PM
#1783   I'm baffled that you are not denying againstallodds 10/21/14 01:32:01 PM
#1782   Shareslueth and Carey.... bullmarket2222 10/21/14 10:53:50 AM
#1781   EV, plug-in hybrid sales triple in first 9 months bullmarket2222 10/21/14 07:10:12 AM
#1780   Geely chairman Li Shufu said that the traditional bullmarket2222 10/21/14 01:41:22 AM
#1779   ¦ Geely's Condi electric car launched the "micro-bus" bullmarket2222 10/21/14 01:40:20 AM
#1778   Interesting new indeed. Thats what Stocktwits writers also pepe67 10/19/14 02:43:37 AM
#1777   Very interesting news on the Kandi Short Seller....Cuban bullmarket2222 10/18/14 04:54:55 PM
#1776   Me too... bullmarket2222 10/18/14 03:29:13 AM
#1775   Many interesting news about Kandi. Nice that Kandi pepe67 10/16/14 02:10:10 PM
#1773   the Car Club website, they have a fleet bullmarket2222 10/16/14 12:24:49 PM
#1772   Arts article with comments..... bullmarket2222 10/16/14 07:57:57 AM
#1771   Karl Richter is nowhere to be found and bullmarket2222 10/16/14 07:55:36 AM
#1770   Hangzhou electric passenger intends to fill 30,000 micro bullmarket2222 10/15/14 10:20:38 PM
#1769   Alibaba’s Alipay mobile payment service has jumped into bullmarket2222 10/15/14 09:40:43 PM
#1768   I had a call today from a fellow bullmarket2222 10/15/14 07:48:07 PM
#1767   Micro Bus now becoming Police Cars in the bullmarket2222 10/15/14 07:24:26 PM
#1766   Alipay's mobile app (Alipay Wallet) is being updated bullmarket2222 10/15/14 07:16:24 PM
#1765   * * $KNDI Video Chart 10-15-14 * * ClayTrader 10/15/14 05:15:28 PM
#1764   The FA and the TA are so incongruous. captainccs 10/15/14 04:59:03 PM
#1763   The FA and the TA are so incongruous. George the Greek 10/15/14 12:22:29 PM
#1762   Anybody that trusts anybody here is askin for squashjohn 10/15/14 05:32:18 AM
#1761   Indeed! Thanks for feeding the Kandi news. George the Greek 10/14/14 12:34:02 PM
#1760   Too bad some got caught up in this. investtoski 10/14/14 10:55:09 AM
#1759   september was a groundbreaking month. insiders will be stocksilike 10/13/14 11:46:53 PM
#1758   Okay, the contest was really on CNBC and pepe67 10/13/14 02:03:24 PM
#1757   I see that..... bullmarket2222 10/13/14 01:42:57 PM
#1756   Interesting writings about Kandi. I am keeping holding pepe67 10/13/14 10:57:46 AM
#1755   Micro Bus goes wedding.... bullmarket2222 10/13/14 09:48:43 AM
#1754   The link.... bullmarket2222 10/13/14 04:55:59 AM
#1753   Kandi Technologies Produced More bullmarket2222 10/12/14 10:37:34 PM
#1752   The Geely/Kandi JV agreement has a 20 year bullmarket2222 10/12/14 10:00:22 PM
#1751   Links..... bullmarket2222 10/12/14 07:56:03 PM
#1750   Today John Jannarone published an article titled, "Worst bullmarket2222 10/12/14 05:50:04 PM
#1749   Kandi Technologies: A Losing bullmarket2222 10/12/14 05:46:52 PM
#1748   Don't want benefit of the doubt, you should bullmarket2222 10/12/14 05:42:52 PM
#1747   Ok, I'll give you the benefit of the PennyWorld 10/12/14 04:48:03 PM
#1746   It doesn't surprise me either. bullmarket2222 10/12/14 03:36:22 PM
#1745   U have done ur homework - & so squashjohn 10/12/14 01:49:22 PM
#1744   T%hat's a good question. bullmarket2222 10/12/14 01:35:07 PM
#1743   Any questions, bullmarket2222 10/12/14 01:14:34 PM
#1742   What exactly are you referring too? bullmarket2222 10/12/14 12:55:35 PM
#1741   September new-energy auto production soared to a record bullmarket2222 10/12/14 12:33:50 PM
#1740   ??Beijing wants all government vehicles EV?? On davidscotttrade 10/10/14 07:38:00 AM
#1739   finvestor...he makes a lot of sense though. And PennyWorld 10/09/14 04:04:03 PM
#1738   Penny & Miami finvestor 10/09/14 03:56:51 PM