Followers | 129 |
Posts | 4574 |
Boards Moderated | 0 |
Alias Born | 07/09/2011 |
Sunday, July 20, 2014 9:57:50 PM
KNDI Bull Run (The Epiphany)
Bull cites
1. The second phase of NEV subsidy will be announced before the end of July.
2. The difference between this second phase vs the first phase subsidy is that, this one is a provincial based, while the phase one was Hangzhou city based. In other words, in addition to Hangzhou, the city of Jinhua, Wenzhou and all together 11 large cities in Zhejiang province will all be able to get the NEV subsidy benefit. To me, this is a huge good news to Kandi, since it is already on Zhejiang/Hangzhou's the local NEW registration list. This means ZZY will be able to extend its micro-bus program to all over the Zhejiang province,which has a population of over 54mil people.
3. All subsidies in phase one, which was Hangzhou baseds subsidy, will be inherited in phase two, which means, Zhejiang/Hangzhou will once again offer a 1:1 match of the national subsidy. In Kandi's case, its SMA7000BEV and SMA7001BEV should get a total of RMB108,000 subsidy for each car, makes SMA7000BEV effectively free for ZZY to buy it, and that in turn will make ZZY's micro-bus and community long lease programs very profitable.
4. All EVs built and sold in 2013 will be retroactively subsidized. Recall that the first phase Hangzhou based subsidy ended in Dec. 31, 2012. So this phase two policy effectively re-connects from that ending time, thus all the EVs sold since then will get the subsidy. This is a great news for everyone who bought EVs in 2013, and good for Kandi as well since all Kandi EVs sold before last Sep. 2013, when the national subsidy was announced, will be retroactively subsidized.
Noted... The bevy, plethora, cornucopia of verifiable positive developments (coming out of China) have been exceeding positive and will usher in many new rounds of buyers. Any and every pullback will certainly be met with heavy handed buying from waiting new arrivals.
Make no mistake about it, KNDI shares moving higher, much higher short term.
BULL
Recent KNDI News
- Kandi Technologies Group, Inc. Completes Redomicile Merger • GlobeNewswire Inc. • 04/16/2024 01:00:00 PM
- Kandi Technologies Reports 2023 Financial Results • GlobeNewswire Inc. • 03/14/2024 08:05:19 PM
- Kandi Technologies to Report FY 2023 Financial Results on March 14, 2024 and Hold a Conference Call on March 15, 2024 • GlobeNewswire Inc. • 03/11/2024 12:00:00 PM
- Kandi to Showcase Innovations and Network at 2024 PGA Show • Business Wire • 01/18/2024 02:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 09:05:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/27/2023 01:03:11 PM
- Kandi Technologies Announces Share Buyback of Up to $30 Million • GlobeNewswire Inc. • 11/27/2023 01:00:00 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/17/2023 09:05:06 PM
- Kandi’s First 500 Fully Electric Mini Golf Carts to Launch in US Market • GlobeNewswire Inc. • 11/15/2023 01:30:00 PM
- Kandi America Partners with Peavey Mart to Expand Kandi Products into Canada • GlobeNewswire Inc. • 11/13/2023 01:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 12:30:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 12:15:08 PM
- Kandi Technologies Reports Third Quarter 2023 Financial Results • GlobeNewswire Inc. • 11/08/2023 12:00:11 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 11/07/2023 09:10:16 PM
- Kandi America Partners with Rural King to Expand U.S. Footprint • Business Wire • 11/06/2023 02:15:00 PM
- Kandi Technologies to Report Third Quarter 2023 Financial Results and Hold a Conference Call on November 8, 2023 • GlobeNewswire Inc. • 11/02/2023 12:00:00 PM
- Kandi America Acquires New Distribution Center to Accommodate Planned Growth • Business Wire • 09/27/2023 01:15:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 09/11/2023 09:04:15 PM
- Kandi America Comments Appearance at Mid-States Rendezvous • Business Wire • 09/06/2023 01:00:00 PM
- Kandi Technologies’ Next-Gen All-Electric Crossover Vehicles Enter Mass Production • GlobeNewswire Inc. • 08/22/2023 12:25:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2023 11:30:32 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2023 11:15:26 AM
- Kandi Technologies Reports Second Quarter 2023 Financial Results • GlobeNewswire Inc. • 08/08/2023 11:00:46 AM
- Kandi Technologies to Report Second Quarter 2023 Financial Results and Hold a Conference Call on August 8, 2023 • GlobeNewswire Inc. • 08/03/2023 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/14/2023 01:19:19 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM