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Kandi Technolgies Corp (KNDI)

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Last Post: 9/22/2018 8:49:40 PM - Followers: 103 - 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 EX3, K23 Included In China’s Approved Directory Of Purchase Tax Exemption For New Energy Vehicles 09/20/2018 09:05:00 AM
KNDI News: Statement of Changes in Beneficial Ownership (4) 09/18/2018 08:24:24 AM
KNDI News: Statement of Changes in Beneficial Ownership (4) 09/14/2018 06:06:35 AM
KNDI News: Statement of Changes in Beneficial Ownership (4) 09/12/2018 10:55:27 AM
KNDI News: Statement of Changes in Beneficial Ownership (4) 09/07/2018 10:16:05 AM
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#2824   China’s Giant Market for Really Tiny Cars MazelTov 09/22/18 08:49:40 PM
#2823   $KNDI The Kandi Machine -- China's Sweet Pollution MazelTov 09/22/18 08:40:02 PM
#2822   $KNDI MazelTov 09/22/18 08:33:42 PM
#2821   I have a good friend who is a PennyWorld 09/22/18 06:33:03 PM
#2820   I have the same strategy for trading. I Mindsplit 09/22/18 12:44:12 PM
#2819   $TSLA Can't Afford a Tesla? Check Out Kandi MazelTov 09/21/18 07:21:08 PM
#2818   $KNDI Hainan Representatives of the National People's Congress MazelTov 09/21/18 07:00:16 PM
#2817   You mean $10 MazelTov 09/21/18 11:06:59 AM
#2816   $KNDI Kandi Pure EV Model EX3, K23 Included MazelTov 09/21/18 11:06:30 AM
#2815   Makes sense. Trading is the way to go Spicknspan 09/20/18 07:24:22 PM
#2814   Yes. Nice move. I've been swing trading KNDI PennyWorld 09/20/18 06:01:19 PM
#2813   Nice move for KNDI. Electric cars are the Spicknspan 09/20/18 05:27:00 PM
#2812   IMO 1 bird in the hand is better PennyWorld 09/20/18 03:07:39 PM
#2811   See.. Sold most of my position here today at Harley Davidson 09/20/18 09:57:50 AM
#2810   Kandi $KNDI to Cooperate With Alibaba $BABA and MazelTov 09/20/18 09:41:47 AM
#2809   When I'm dramatically up on a stock I PennyWorld 09/19/18 12:35:10 PM
#2808   I try to play around with the swings.. Harley Davidson 09/19/18 10:55:41 AM
#2807   $KNDI Kandi Technologies: Geely Joint Venture Is Fruitful https://seekingalpha.c MazelTov 09/19/18 09:26:48 AM
#2806   I agree. But if you want to PennyWorld 09/18/18 10:53:25 PM
#2805   And insiders continue to buy... now holding 12.5 Harley Davidson 09/18/18 09:54:20 AM
#2804   As I suspected .. a little fools gold PennyWorld 09/17/18 09:13:48 PM
#2803   * * $KNDI Video Chart 09-14-18 * * ClayTrader 09/14/18 05:23:49 PM
#2802   This has been run up today on no PennyWorld 09/14/18 02:31:18 PM
#2801   I just took a 4K profit. I've never PennyWorld 09/14/18 02:22:42 PM
#2800   If Nio inc. closes in the green... this zino 09/14/18 02:03:40 PM
#2799   Let's Break 5$ Soon zino 09/14/18 01:40:54 PM
#2798   Knew we would hit that target zino 09/14/18 01:39:22 PM
#2797   Yup, already done my DD. That's why I bought Mindsplit 09/14/18 01:26:43 PM
#2796   Tesla's downfall...Kndi's Gain zino 09/14/18 11:51:42 AM
#2795   Maybe Over 5.OO$ Today zino 09/14/18 11:28:58 AM
#2794   $KNDI U.S. Needs 14 Million Plug-In Cars To MazelTov 09/14/18 10:58:09 AM
#2793   $KNDI Kandi Technologies Group Inc (KNDI) President and MazelTov 09/14/18 10:46:33 AM
#2792   Took a starter here when I saw the Mindsplit 09/14/18 10:31:22 AM
#2791   The Next EV Runner zino 09/14/18 09:34:20 AM
#2790   $KNDI $3.80, $4.25, $4.50, $5.24, $6.00, $8.00, $11.00, MazelTov 09/12/18 10:11:42 AM
#2789   Insider Accumulation.... What does Hu know that we PennyWorld 09/11/18 01:14:11 PM
#2788   Three US states will spend $1.3 billion to MazelTov 09/10/18 08:22:35 PM
#2787   U.S. Needs 14 Million Plug-In Cars To Meet MazelTov 09/10/18 08:18:17 PM
#2786   Great commercial! Daylas 09/08/18 09:04:52 PM
#2785   $KNDI New PROMO Video Electric Cars Kandi EX3 Promo MazelTov 08/31/18 09:55:14 AM
#2784   No news. China concerns. Lots of doubts. Spicknspan 08/15/18 04:31:32 PM
#2783   $KNDI SLOW BUT STEADY MOVE NORTH UNTIL PR;-) MazelTov 08/07/18 11:17:31 AM
#2782   Cover MazelTov 08/01/18 03:25:31 PM
#2781   Seven reasons why the Internal Combustion Engine is MazelTov 07/28/18 09:34:22 AM
#2780   Global Auto Makers Lean On China Partners to MazelTov 07/28/18 09:33:02 AM
#2779   $KNDI Thomson Reuters/Verus resumes coverage for KANDI TECHNOLGIES MazelTov 07/26/18 10:39:51 AM
#2778   7 Companies We'd Buy and Hold for MazelTov 07/26/18 10:30:43 AM
#2777   $KNDI Gas prices, tax breaks give electric cars MazelTov 07/26/18 10:22:32 AM
#2776   so what is pushing KNDI down in price? PennyWorld 07/25/18 08:10:25 PM
#2775   Loading Zone Kandi Technologies Corp $KNDI Chart MazelTov 07/24/18 02:23:38 PM