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Kandi Technolgies Corp (KNDI)

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Last Post: 7/30/2014 2:38:33 AM - Followers: 100 - Board type: Free - Posts Today: 2



NASDAQ | KNDI


Kandi Technologies, Corp.is 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.



www.kandivehicle.com

Kandi on Facebook








 


Quick Battery Exchange 
 



Kandi Technologies 3D Animation of Their EV Vertical Parking Garage Concept.
http://www.youtube.com/watch?v=zX48ESzM6Do


Kandi Electric Car In Hangzhou China Using State Grid Quick Battery Exchange Robotics
http://www.youtube.com/watch?v=4SiHZZG1Tyw


Kandi Tech (KNDI) EV QC/Finishing Building with various EV'
http://www.youtube.com/watch?v=YyTETKZmdrM



 
 

 


www.kandivehicle.com



 
KNDI CHART

PostSubject
#1494   Why did u sell the 15's? Jeff12406 07/30/14 02:38:33 AM
#1493   Watching last weeks mess has focused me on finvestor 07/30/14 01:44:24 AM
#1492   When do fins hit? taubytaub 07/29/14 10:52:04 PM
#1491   Filled Buy xxxxKNDI Limit 16.30 bullmarket2222 07/29/14 11:57:33 AM
#1490   Testing the patience! George the Greek 07/29/14 11:52:29 AM
#1489   Picked up a few more...... bullmarket2222 07/29/14 11:08:04 AM
#1488   You mean his advertisement. bullmarket2222 07/28/14 10:25:57 PM
#1487   More downside to fill that gap. Jmho Spicknspan 07/28/14 09:36:11 PM
#1486   this looks like one hell of a bulldog xZx 07/28/14 07:39:03 PM
#1485   yep - quite a disappointment after such a Atlanta1 07/28/14 04:48:23 PM
#1484   $17.15 captainccs 07/28/14 04:42:22 PM
#1483   Thanks for the advice.... I did buy some bullmarket2222 07/28/14 11:45:21 AM
#1482   now 18.25 - I wonder where it will Atlanta1 07/28/14 07:26:35 AM
#1481   now 18.14 Atlanta1 07/28/14 07:13:12 AM
#1480   KNDI already on the move. trading 17.90, up .51 Atlanta1 07/28/14 06:57:11 AM
#1479   I would go with stocks I never did 1percent 07/27/14 08:46:28 PM
#1478   I believe it should and I am looking bullmarket2222 07/27/14 07:19:54 PM
#1477   Got lucky I suppose, adding at the big detearing 07/27/14 07:14:39 PM
#1476   I sure hope so 1percent 07/27/14 06:55:07 PM
#1475   2014-07-27 should peak into his entourage visited the bullmarket2222 07/27/14 06:47:22 PM
#1474   Is this big enough news to move the Atlanta1 07/27/14 05:51:16 PM
#1473   Good move..... bullmarket2222 07/27/14 05:38:41 PM
#1472   Looks like a new DC..... bullmarket2222 07/27/14 03:12:47 PM
#1471   Su Bo, vice minister of the Ministry of bullmarket2222 07/27/14 02:46:39 PM
#1470   2014-07-21 13:59 bullmarket2222 07/26/14 04:37:56 PM
#1469   Added 33% today near lows... detearing 07/25/14 07:08:55 PM
#1468   Interesting development... mauiguy2 07/25/14 03:33:47 PM
#1467   He's obviously a crook. captainccs 07/25/14 12:28:41 PM
#1466   I went LOCO..... bullmarket2222 07/25/14 11:43:08 AM
#1465   Still Voting...... bullmarket2222 07/25/14 10:41:35 AM
#1464   I went in with you....LOL bullmarket2222 07/25/14 10:24:01 AM
#1462   2 buys this AM.... I'm voting with dollars... bullmarket2222 07/25/14 09:27:09 AM
#1461   Looks like a winner. bullmarket2222 07/25/14 08:34:36 AM
#1460   Hasn't that been happening since 4 dollars. bullmarket2222 07/25/14 08:26:53 AM
#1459   Thx for infos bull.. What do u think squashjohn 07/25/14 08:13:45 AM
#1458   If it's this obvious, why doesn't some deep Atlanta1 07/25/14 08:12:44 AM
#1457   I believe you have the facts now with bullmarket2222 07/25/14 08:09:52 AM
#1456   Just a last reminder: bullmarket2222 07/25/14 07:49:29 AM
#1455   The hit piece by ben, what should be known.... bullmarket2222 07/25/14 07:41:01 AM
#1454   Yesterday I had an article in at bullmarket2222 07/25/14 07:00:53 AM
#1453   The link....... bullmarket2222 07/25/14 06:48:25 AM
#1452   Kandi Tech: The Real bullmarket2222 07/25/14 06:06:09 AM
#1451   My avg. on shares is around 11. bullmarket2222 07/24/14 07:37:11 PM
#1450   I manage money for family and friends.... mauiguy2 07/24/14 06:26:17 PM
#1449   Bull i enjoy your posts here and even in usma67korea 07/24/14 01:01:01 PM
#1448   Well done Bull. Facts Count End of Day finvestor 07/24/14 12:18:23 PM
#1447   That was quite a hit piece on SA. Atlanta1 07/24/14 11:38:19 AM
#1446   There was a large number of July Butch22 07/24/14 08:41:43 AM
#1445   That's just not true.... Benny the pharmacist can bullmarket2222 07/24/14 07:17:17 AM
#1444   Kandi Technologies: Concerns Over Recent 10Q Have No Merit bullmarket2222 07/24/14 12:02:53 AM
PostSubject