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Kandi Technolgies Corp (KNDI)

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Last Post: 11/14/2015 10:51:36 AM - Followers: 92 - 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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KNDI News: Kandi Technologies to Launch Micro Public Transportation Program in Haikou 09:02 AM
KNDI News: Kandi Technologies Announces Initial Direct Sales of 1,000 Model K10 Units to Tianjin 11/24/2015 09:07:00 AM
KNDI News: Kandi Technologies to Deliver Up to 3,000 Kandi Global Hawk K17 Units to Micro Public Transportation Program in Nanjing 11/23/2015 09:02:00 AM
KNDI News: Kandi Technologies Signs Manifesto to Promote Electric Vehicles 11/11/2015 09:53:33 AM
KNDI News: Kandi Technologies Group, Inc. Stock Plummets Following Q3 Results 11/09/2015 01:00:08 PM
News News Alert: Kandi Technologies to Launch Micro Public Transportation Program in Haikou 12/01/2015 09:02:00 AM
#2270   They might want to fix this finvestor 11/14/15 10:51:36 AM
#2269   KNDI has had a nice run. I'm PennyWorld 11/04/15 09:26:58 AM
#2268   I remember but I was not happy that captainccs 10/30/15 10:31:44 AM
#2267   Fin: I agree mostly with your view. This viking86 10/25/15 06:49:22 PM
#2266   Captain...remember the old private Kandi board days? Jeff12406 10/24/15 09:37:56 AM
#2265   Only regret I have is not snapping up magness 10/21/15 03:14:48 PM
#2264   This SEC stuff is old dead and burried. finvestor 10/10/15 02:27:49 PM
#2263   What, if anything, is the purpose of posting captainccs 09/12/15 10:37:29 AM
#2262   I wasn't implying any guilt by association, and Renee 09/11/15 11:38:55 AM
#2261   KNDI: Kandi Tech Corp. referenced in an SEC captainccs 09/11/15 11:34:24 AM
#2260   KNDI: Kandi Tech Corp. referenced in an SEC Renee 09/11/15 09:19:18 AM
#2259   This board is pretty dead. Ohbabyno 09/04/15 02:35:41 AM
#2258   Sry: 'you like solar here?' - was a squashjohn 08/28/15 02:51:59 PM
#2257   You're also a SCTY watcher.. U like solar squashjohn 08/28/15 02:51:14 PM
#2256   Solid support. Adding here soon as I finish Cbdpotential 08/28/15 02:00:19 PM
#2255   What exactly are you ?? (watching) for here squashjohn 08/28/15 01:32:31 PM
#2254   Watching Cbdpotential 08/27/15 10:24:17 PM
#2253   China is really going to have a tough Spicknspan 08/26/15 03:25:32 PM
#2252 [quote againstallodds 08/26/15 12:18:19 PM
#2251   That's all nice, but why is this tanking? rbtree 08/22/15 03:24:08 PM
#2250   Risk capital is flowing out of China. Not oxnous 08/14/15 02:44:56 PM
#2249   The following is the translation of the Q/A Azbo2803 08/12/15 09:47:31 PM
#2248   Link to Michael Nguyen's KNDI article finvestor 08/06/15 03:50:46 PM
#2247   Here is the link to Art's article finvestor 08/06/15 03:47:49 PM
#2246   100 kph isn't bad - if these were forlix 08/04/15 03:38:49 PM
#2245   Looking to scale in (average down) at these PennyWorld 08/03/15 12:00:58 PM
#2244   Good write up on Seekingalpha.... PennyWorld 08/03/15 11:59:42 AM
#2243   Sales of electric cars accelerate in Beijing Azbo2803 07/31/15 09:42:38 AM
#2242   THAT is even more motivation to get these Azbo2803 07/31/15 09:32:22 AM
#2241   Winter Olympics 2022: Beijing chosen to stage Games captainccs 07/31/15 09:00:42 AM
#2240   Thanks, I did find it but not from captainccs 07/27/15 07:21:35 PM
#2239   Not only is China being taken out to George the Greek 07/27/15 01:16:19 PM
#2238   Very easy to find from the text. George the Greek 07/27/15 01:12:34 PM
#2237   China getting taken out to the woodshed. conix 07/27/15 01:11:56 PM
#2236   Do you have a link to Art's post? captainccs 07/24/15 09:35:48 PM
#2235   Lots of details in the article by Art finvestor 07/23/15 04:49:23 PM
#2234   China is in a world of hurt. Even oxnous 07/09/15 04:34:10 PM
#2233   The world market for new cars is around captainccs 07/06/15 11:45:19 AM
#2232   Kandi Technologies Group Announces New JV Sales Contract Azbo2803 07/06/15 09:29:11 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