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Kandi Technolgies Corp (KNDI)

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Last Post: 7/2/2015 11:34:24 AM - Followers: 98 - 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: Statement of Changes in Beneficial Ownership (4) 05/29/2015 04:34:52 PM
KNDI News: Statement of Changes in Beneficial Ownership (4) 05/29/2015 04:34:26 PM
KNDI News: Securities Registration: Employee Benefit Plan (s-8) 05/26/2015 05:25:30 PM
KNDI News: Current Report Filing (8-k) 05/26/2015 06:11:40 AM
KNDI News: Kandi Technologies to Participate in Upcoming Investor Conferences 05/21/2015 11:35:41 AM
#2231   Please note that the PRC subsidy payment does George the Greek 07/02/15 11:34:24 AM
#2230   Kandi Technologies Group Inc (NASDAQ: KNDI) rose sharply Azbo2803 07/01/15 06:37:21 AM
#2229   Of these $44.3 Million 50% is for Kandi Azbo2803 06/30/15 01:09:50 PM
#2228   $44.3 Million paid Azbo2803 06/30/15 09:51:21 AM
#2227   Petratos was promoting and lying about all those tdbowieknife 06/26/15 03:20:44 PM
#2226   Platon Petratos got caught working with and promoting tdbowieknife 06/26/15 03:10:35 PM
#2225   Earlier this morning I researched some of Bullmarket's mauiguy2 06/26/15 01:25:10 PM
#2224   Could be illness in his family or himself, PennyWorld 06/26/15 12:07:47 PM
#2223   Penny, Bullmarket hasn't posted on any board since mauiguy2 06/26/15 06:51:52 AM
#2222   NO Moderators on this board anymore!!! ??? PennyWorld 06/26/15 12:30:19 AM
#2221   $KNDI - will never ever be a Tesla. myopinion 06/26/15 12:05:30 AM
#2220   $KNDI recent news/filings stocktrademan 06/14/15 05:28:30 PM
#2219   With a low float and low institutional holdings captainccs 06/12/15 10:50:48 AM
#2218   I must admit that it's not the best mauiguy2 06/12/15 06:27:32 AM
#2217   Totally agree. Curiously - so far - the forlix 06/11/15 06:19:30 PM
#2216   If I'm looking for a parking space in mauiguy2 06/11/15 04:53:26 PM
#2215   In case you're American your opinion is perfectly forlix 06/11/15 04:45:06 PM
#2213   Sell in May and go away? conix 05/20/15 10:31:32 PM
#2212   Why all this weakness in the first place? captainccs 05/20/15 08:35:47 PM
#2211   This fall in PPS has been pretty brutal. captainccs 05/20/15 08:30:38 PM
#2210   That's down from 7,750,074 on Jan 15. captainccs 05/20/15 08:13:53 PM
#2209   Chinese accounting has always been a risk here. conix 05/19/15 03:06:14 PM
#2208   Why all this weakness in the first place? conix 05/19/15 10:15:40 AM
#2207   I totally agree with you regarding "The company mauiguy2 05/19/15 08:52:50 AM
#2206   SHORT INTEREST--Over 6 Million shares short conix 05/19/15 08:26:18 AM
#2205   The company needs to come out with news conix 05/19/15 08:16:28 AM
#2204   A big bounce is long overdue. mauiguy2 05/19/15 08:12:26 AM
#2203   Looking for a bounce. I LOVE Bounce Plays conix 05/19/15 08:08:29 AM
#2202   what a shock - somebody wanted cheap calls spookytrades 05/15/15 10:14:53 AM
#2201   look at all the volume on the May spookytrades 05/14/15 11:01:16 AM
#2200   somebody sold a bunch of June calls and spookytrades 05/14/15 10:08:21 AM
#2199   When you see ST stream just full of spookytrades 05/14/15 09:59:35 AM
#2198   Whats the BIGGEST difference between TSLA and KNDI? spookytrades 05/14/15 09:50:52 AM
#2197   shorts in full panic mode - looking for spookytrades 05/14/15 09:48:22 AM
#2196   Good morning spookytrades! Looks like you have been Azbo2803 05/13/15 07:16:48 AM
#2195   Yes I still think this has upside after KingDMC 05/12/15 10:16:01 PM
#2194   Gambled and lost. :-( captainccs 05/12/15 08:37:14 PM
#2193   day 1 of epic bear squeeze - ride spookytrades 05/12/15 02:01:46 PM
#2192   Textbook fake panic take out 10.50 stops spookytrades 05/12/15 01:50:50 PM
#2191   Still holding onto this? Pennylanepam 05/12/15 01:38:28 PM
#2190   BUY BUY BUY - cover city spookytrades 05/12/15 12:37:28 PM
#2189   This is shorts signaling the party is over spookytrades 05/12/15 12:36:12 PM
#2188   What does it say by chance? KingDMC 05/12/15 09:14:16 AM
#2187   8k out about yest CC Pennylanepam 05/12/15 09:12:29 AM
#2186   Been in over 2 years I'm out better cmonvplm 05/12/15 12:41:15 AM
#2185   Tired of these frkn manipulators, where do you Pennylanepam 05/11/15 02:10:32 PM
#2184   KABOOOOM Pennylanepam 05/11/15 12:48:50 PM
#2183   This was held back Pennylanepam 05/11/15 12:41:47 PM
#2182   Bounce looking good glad I averaged down. Should KingDMC 05/11/15 12:40:14 PM