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Kandi Technolgies Corp (KNDI)

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Last Post: 12/8/2017 3:30:57 PM - Followers: 96 - 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 Pure EV Model K22 Receives Two approvals from Chinese Government Agencies 12/06/2017 08:17:00 AM
KNDI News: Additional Proxy Soliciting Materials (definitive) (defa14a) 11/16/2017 06:05:27 AM
KNDI News: Proxy Statement (definitive) (def 14a) 11/15/2017 05:27:12 PM
KNDI News: Current Report Filing (8-k) 11/13/2017 08:29:04 AM
KNDI News: Quarterly Report (10-q) 11/09/2017 04:17:01 PM
#2493   $KNDI The Kandi Machine -- China's Sweet Pollution MazelTov 12/08/17 03:30:57 PM
#2492   KNDI buy 7.3365 stocktrademan 12/07/17 11:41:24 AM
#2491   More good news! Taking the day off but the third leg 12/06/17 08:27:21 AM
#2490   $KNDI In order to combat the serious environmental MazelTov 12/05/17 11:55:17 AM
#2489   $KNDI Loading Zone MazelTov 12/04/17 02:22:33 PM
#2488   Going very long on this huge money maker!! the third leg 12/02/17 05:09:42 PM
#2487   $KNDI The Kandi Machine -- China's Sweet Pollution MazelTov 12/02/17 05:08:21 PM
#2486   $KNDI Kandi Technologies Patented Quick Battery Exchange With MazelTov 12/02/17 05:07:32 PM
#2485   As always stated, this is a long term the third leg 12/01/17 07:24:03 PM
#2484   $KNDI 2nd Resistance Point 8.50 MazelTov 11/30/17 09:42:42 PM
#2483   $KNDI has been on uptrend for 2 months. MazelTov 11/30/17 09:53:49 AM
#2482   KNDI has been in a down trend over PennyWorld 11/29/17 12:51:44 PM
#2481   Nice Shake out. WOW. Up $KNDI goes. LOL. MazelTov 11/29/17 12:47:13 PM
#2480   $KNDI In order to combat the serious environmental MazelTov 11/29/17 10:01:03 AM
#2479   $KNDI Top Institutional Holders MazelTov 11/27/17 10:28:34 AM
#2478   Boooom. Loading Zone. $KNDI MazelTov 11/20/17 10:37:06 AM
#2477   Go KNDI the third leg 11/20/17 09:32:32 AM
#2476   $KNDI Top Mutual Fund Holders MazelTov 11/16/17 10:08:20 AM
#2475   $KNDI Kandi Technologies Patented Quick Battery Exchange With MazelTov 11/14/17 10:23:19 PM
#2474   $KNDI Kandi Pure EV Model K27 is Included MazelTov 11/14/17 10:19:48 PM
#2473   $KNDI Kandi Technologies MazelTov 11/14/17 10:18:50 PM
#2472   $KNDI Bull Run Chart > MazelTov 11/14/17 09:52:50 PM
#2471   $$$$$$$$$ MazelTov 11/14/17 09:23:35 PM
#2470   This is one to be holding in 2018 Kndi the third leg 11/14/17 09:21:16 AM
#2469   Ford Equity Research upgrades KANDI TECHNOLGIES GROUP INC MazelTov 11/14/17 09:07:57 AM
#2467   $KNDI Top Institutional Holders MazelTov 11/13/17 08:30:30 PM
#2466   $KNDI Top Mutual Fund Holders MazelTov 11/13/17 08:30:11 PM
#2465   $KNDI – Q3 revenue increased 345.4% yoy to MazelTov 11/13/17 10:53:47 AM
#2464   Yup going to be huge! I'm off for the third leg 11/13/17 10:49:09 AM
#2463   Kandi $KNDI Vs. Tesla $TSLA Wall Street Match-Up MazelTov 11/13/17 10:47:43 AM
#2462   $KNDI DIAMOND IN THE ROUGH. #GEM to $25+ imo MazelTov 11/13/17 10:18:47 AM
#2461   $KNDI #shortsqueeze MazelTov 11/10/17 09:56:59 AM
#2460   $KNDI 2nd Resistance Point 9.50 MazelTov 11/09/17 09:49:58 PM
#2459   Healthy pullback. patience is a virtue. MazelTov 11/09/17 08:32:18 PM
#2458   Back to 7.35 ??? WTH? Loudude117 11/09/17 10:57:57 AM
#2457   $25+ by Christmas $KNDI imo MazelTov 11/09/17 09:16:56 AM
#2456   Nice Mazel, I'm going way long here KNDI the third leg 11/09/17 08:12:27 AM
#2455   3 electric car companies you should know about MazelTov 11/09/17 08:12:00 AM
#2454   On the face of it, the report looks mauiguy2 11/09/17 08:11:40 AM
#2453   $KNDI Kandi Pure EV Model K27 is Included MazelTov 11/09/17 08:10:57 AM
#2452   Boom kndi! the third leg 11/09/17 07:51:55 AM
#2451   $KNDI Kandi Technologies Reports Strong Third Quarter 2017 MazelTov 11/09/17 07:39:44 AM
#2450   Got bids in to add a little more the third leg 11/08/17 06:34:04 PM
#2449   No need.. But thanks. I did the dd the third leg 11/07/17 04:02:16 PM
#2448   Be Careful! EOM PennyWorld 11/07/17 03:53:20 PM
#2447   I bought a ton today KNDI the third leg 11/07/17 03:16:34 PM
#2446   Conference call should be fun. I hope Elon Spicknspan 11/01/17 04:39:06 PM
#2445   Kandi Technologies Announces it Will Report Third Quarter Loudude117 10/31/17 10:19:51 PM
#2444   I agree... but I just don't like waiting PennyWorld 10/27/17 12:49:44 PM
#2443   I'd guess 3.50-4.00 with the likely dilution occurring Fetter 10/27/17 12:00:23 PM