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Kandi Technolgies Corp (KNDI)

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Last Post: 10/10/2016 2:38:07 PM - Followers: 94 - 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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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’s JV Company Expands Sale of EVs into Shanxi Market 10/20/2016 09:15:19 AM
KNDI News: Kandi Starts Selling the “Global Hawk” Series EV in Qingdao City in Shandong Province 09/06/2016 08:47:00 AM
KNDI News: The Micro Public Transportation Program Makes the List of “Hangzhou Top 20 Best Brand Experiences” in the “G20 Top20”... 08/31/2016 08:47:00 AM
KNDI News: Kandi’s JV Company Reveals a First Look at the Global Hawk K21 Pure Electric Passenger Vehicle 08/22/2016 08:57:00 AM
KNDI News: Current Report Filing (8-k) 08/10/2016 09:19:52 AM
#2303   From what I've read on the KNDI board Fizmo 10/10/16 02:38:07 PM
#2302   Why would Cheng Wang (CFO) purchase ONLY 360 PennyWorld 09/14/16 08:23:39 PM
#2301   Every long investor (or potential investor) should read Fizmo 08/27/16 09:46:13 AM
#2300   China! News $KNDI myopinion 08/11/16 09:47:16 AM
#2299   $KNDI Kandi Technologies Stock: Yet Another Reason To myopinion 08/10/16 10:22:08 AM
#2298   Good summary, I could not agree any more :) shylo14 08/09/16 04:55:55 PM
#2297   Hopefully more retail investors follow my lead aswell Fizmo 08/09/16 04:53:10 PM
#2296   I sold 18 months ago after Hu's backtracking Fizmo 08/09/16 04:49:38 PM
#2295   Q2 2016 revenue increased 15.1% YoY to $55.2 million shylo14 08/09/16 08:56:49 AM
#2294   $KNDI Kandi Technologies reports Q2 results myopinion 08/09/16 08:52:00 AM
#2293   Awful quiet in for a stock with so shylo14 08/09/16 08:41:46 AM
#2292   45 million reasons to be here :) shylo14 08/08/16 08:39:42 AM
#2291 shylo14 08/05/16 09:16:07 AM
#2290   Let's GO!!!! shylo14 07/21/16 08:33:41 AM
#2289   Short Squeezzzzzz!!!!!!!!!! shylo14 07/14/16 09:18:44 AM
#2288   The Conference is just the beginning $$KNDI$$ shylo14 05/23/16 08:51:10 AM
#2287   GWLLF Great Wall Motor or KNDI ? myopinion 04/29/16 10:00:21 AM
#2286   KNDI used to be pretty exciting and the conix 03/28/16 01:30:37 PM
#2285   Should get interesting here this week $KNDI$ shylo14 03/13/16 02:20:53 PM
#2284   The shorts have done pretty good here --until conix 03/02/16 01:44:16 PM
#2283   Keep on shorten FOOL FOODINI 02/17/16 08:32:44 PM
#2282   Good time to short buy some Puts maybe Stockadamus 01/29/16 02:40:52 PM
#2281   COME ON Kandi's 8K for todays presentation is shylo14 01/14/16 08:02:03 AM
#2280   Just keep waiting $KNDI$ shylo14 01/11/16 05:34:05 PM
#2279   Laugh all you want. More stranger things PennyWorld 01/11/16 10:01:54 AM
#2278   WOW NEV Sales for December shylo14 01/10/16 06:30:56 PM
#2277   Hahaha! Hahahahahahahahahahahahahaha! That's a good one. nightowwl 01/08/16 08:52:12 PM
#2276   Sounds like a plan. I am waiting for conix 01/08/16 09:45:57 AM
#2275   I'm looking to get back into KNDI at 4.90 PennyWorld 01/07/16 07:12:24 PM
#2274   China stocks are really going to have it conix 01/07/16 03:39:59 PM
#2273   LONG article on KNDI at Seeking Alpha conix 01/05/16 12:20:26 PM
#2272   This is about to take off between increase shylo14 12/23/15 07:28:18 AM
#2271   $KNDI recent news/filings stocktrademan 12/17/15 12:13:28 PM
#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