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Kandi Technolgies Corp (KNDI)

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Last Post: 7/20/2018 11:47:24 AM - Followers: 100 - 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 First Three Pure Electric American Prototypes in Transit 07/02/2018 09:05:00 AM
KNDI News: Kandi Pure Electric Vehicle Product Pursuing Expansion to the American Market 06/12/2018 08:52:00 AM
KNDI News: Kandi Pure EV Models EX3 and K23 Receive MIIT Approvals 06/07/2018 08:47:00 AM
KNDI News: Current Report Filing (8-k) 06/04/2018 08:37:36 AM
KNDI News: Kandi Technologies Acquires Sportsman Country, LLC 06/04/2018 08:33:00 AM
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#2770   $KNDI Kandi Technologies to Buy a Texas-Based Vehicle MazelTov 07/20/18 11:47:24 AM
#2769   EPS reporting on/around 8/7. That should pump the stock. PennyWorld 07/19/18 01:50:50 PM
#2768   7 Companies We'd Buy and Hold for MazelTov 07/19/18 12:09:42 PM
#2767   $KNDI Thomson Reuters/Verus resumed coverage for KANDI TECHNOLGIES MazelTov 07/19/18 09:52:05 AM
#2766   $KNDI Quiet before Bull Run. I had to MazelTov 07/18/18 01:12:16 PM
#2765   $KNDI Chinese automaker Kandi Technologies Group Inc. said MazelTov 07/18/18 01:10:00 PM
#2764   It looks like earnings are coming out on 8/7/18 PennyWorld 07/17/18 12:17:03 PM
#2763   Great News! PennyWorld 07/17/18 12:16:07 PM
#2762   Ford Equity Research raises $KNDI to Strong Buy, MazelTov 07/17/18 12:08:29 PM
#2761   Ford rates $KNDI Earnings Strength, Relative Valuation and MazelTov 07/17/18 12:07:59 PM
#2760   Kandi Technologies Group $KNDI Ford Equity Research says MazelTov 07/17/18 12:05:53 PM
#2759   I'm long 3,200 shares with KNDI. Looking to PennyWorld 07/17/18 12:02:24 PM
#2758   * ****** $KNDI Kandi's First Three Pure Electric MazelTov 07/17/18 11:06:42 AM
#2757   $KNDI here we go MazelTov 07/16/18 11:45:27 AM
#2756   $KNDI B/A Size 94200x300 #Support #Bottom #Cover #ElectricVehicles MazelTov 07/16/18 10:11:27 AM
#2755   I'm pretty excited about KNDI breaking into the PennyWorld 07/13/18 10:50:36 AM
#2754   Tsla or kndi. Tesla makes Gigafactory 3 in 13strats 07/10/18 02:01:24 PM
#2753   $KNDI The Kandi Machine -- China's Sweet Pollution MazelTov 07/10/18 11:59:29 AM
#2752   $KNDI Bullish Harami MazelTov 07/06/18 09:13:00 PM
#2751   are you aware that this article is almost PennyWorld 07/05/18 04:59:16 PM
#2750   Poor man's Tesla should have a huge market. oxnous 07/05/18 11:20:04 AM
#2749   $KNDI Kandi to Cooperate With $BABA Alibaba, Uber MazelTov 07/05/18 10:52:57 AM
#2748   Not sure. I know $KNDI is making money. MazelTov 07/05/18 10:38:35 AM
#2747   Look out America!!! KNDI is here! PennyWorld 07/03/18 11:25:22 AM
#2746   Maz.. that article is 2 years old. PennyWorld 07/03/18 11:15:59 AM
#2745   Kandi Technologies Group Inc (NASDAQ:KNDI): China’s Tesla For MazelTov 07/03/18 09:22:56 AM
#2744   I think their sales and profits projections have PennyWorld 07/02/18 04:45:52 PM
#2743   Is the Chinese govt still subsidizing Kndi? Daylas 07/02/18 01:06:41 PM
#2742   $KNDI Oversold Technical Chart MazelTov 07/02/18 12:50:10 PM
#2741   $KNDI / Electric vehicles are gaining momentum, despite MazelTov 07/02/18 10:04:44 AM
#2740   How much money in subsidies does the Chinese Daylas 07/01/18 10:19:34 AM
#2739   I read this a couple of weeks ago. PennyWorld 06/29/18 09:34:25 AM
#2737   $KNDI Kandi Technologies to Buy a Texas-Based Vehicle MazelTov 06/29/18 04:41:48 AM
#2736   Fidelity: Auto Industry 'Shifting Gears' Spells Investment Opportunity https:/ MazelTov 06/28/18 04:50:18 PM
#2735   Data Shows That China is Buying More Electric MazelTov 06/28/18 04:49:55 PM
#2734   The Link Between Crude Oil And Gasoline Prices MazelTov 06/28/18 04:49:27 PM
#2733   Uber’s plan to get more electric cars on MazelTov 06/28/18 04:49:05 PM
#2732   GM Doubles Bet On Electric Cars in China; MazelTov 06/28/18 04:47:59 PM
#2731   Gas prices, tax breaks give electric cars a MazelTov 06/28/18 04:46:54 PM
#2730   Electric vehicles are gaining momentum, despite Trump MazelTov 06/28/18 04:46:21 PM
#2729   *** $KNDI *** Hold @ SmartConsensus Report MazelTov 06/25/18 01:08:29 PM
#2728   $KNDI 7 Companies We'd Buy and Hold MazelTov 06/22/18 09:00:50 AM
#2727   $KNDI Kandi, Not Tesla $TSLA Will Dominate China's MazelTov 06/19/18 11:17:57 AM
#2726   Sportsman Country, LLC is a very small company PennyWorld 06/17/18 01:12:39 PM
#2725   $KNDI Kandi Pure Electric Vehicle Product Pursuing Expansion MazelTov 06/17/18 11:47:41 AM
#2724   Event Driven $KNDI Kandi Pure Electric Vehicle Product MazelTov 06/16/18 12:09:37 AM
#2723   KNDI penetrating the USA Markets!! Very interesting PennyWorld 06/15/18 12:36:57 PM
#2722   Surging electric vehicles will shake up markets MazelTov 06/14/18 09:56:20 PM
#2721   Electric vehicles set to triple in two years MazelTov 06/14/18 09:55:20 PM