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Kandi Technolgies Corp (KNDI)

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Last Post: 10/18/2017 12:45:12 PM - Followers: 97 - Board type: Free - Posts Today: 2


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: Securities Registration Statement (simplified Form) (s-3) 10/11/2017 04:13:31 PM
KNDI News: Kandi JV Company Expands Efforts to Attract Renewable Energy Industry Talent 09/29/2017 08:32:00 AM
KNDI News: Kandi’s JV Company Achieved 3,213 EV Units Sales in August 09/05/2017 08:37:00 AM
KNDI News: Li Guoliang, Deputy Governor of Hainan Province, Tours Kandi’s Hainan Facility 09/01/2017 08:35:00 AM
KNDI News: The Party Secretary of Jiangsu Province Mr. Li Qiang Visited Rugao City 08/21/2017 10:02:30 AM
#2440   Wrong pete7 10/18/17 12:45:12 PM
#2439   $15 coming taubytaub 10/18/17 12:37:02 PM
#2438   FOR SURE!!! PennyWorld 10/13/17 03:46:54 PM
#2437   You can bet that there is MAJOR dilution conix 10/13/17 01:30:43 PM
#2436   There was no PR to provide the catalyst PennyWorld 10/12/17 08:37:40 PM
#2435   What does that mean? $300M in mixed PennyWorld 10/12/17 08:35:42 PM
#2434   Kandi Technologies Group (KNDI -7.82%) dropped over 5% conix 10/12/17 08:03:09 AM
#2433   Profit taking. Let's face it, there was PennyWorld 10/11/17 07:08:01 PM
#2432   $KNDI Hmmm. why? Maybe correction going on back MazelTov 10/11/17 05:15:41 PM
#2431   CBAK is a lithium battery not sure its MazelTov 10/11/17 05:14:09 PM
#2430   KNDI selling off.... PennyWorld 10/11/17 01:32:01 PM
#2429   I played cbak 10 years ago when around Maple tree 10/11/17 11:01:24 AM
#2428   $CBAK flying does chinalitiumbatteries for EV not sure MazelTov 10/11/17 10:43:55 AM
#2427   first red after 10 days green ... KNDI kairos 10/09/17 07:32:16 PM
#2426   Unlikely, China is going ahead to EV cars Maple tree 10/09/17 01:05:02 PM
#2425   Sold $KNDI grabbed GEVO in the dip MazelTov 10/09/17 11:03:24 AM
#2424   1 bird in the hand is often better PennyWorld 10/09/17 10:52:53 AM
#2423   Better look again. KNDI strong pmunch 10/09/17 10:47:56 AM
#2422   KNDI is a great long and flipping stock. kairos 10/09/17 10:26:47 AM
#2421   Hope so, I need to reload pmunch 10/09/17 10:21:24 AM
#2420   $KNDI pulling back hard on news of no MazelTov 10/09/17 09:53:19 AM
#2419   I spoke the truth ... 10$ will print pmunch 10/07/17 10:16:38 PM
#2418   Im loading up. $KNDI MazelTov 10/07/17 06:59:49 PM
#2417   My buy at $5.07 is looking super green!! ;-) XMAN 10/06/17 01:56:42 PM
#2416   Could happen much sooner than anticipated. We probably Maple tree 10/06/17 01:29:12 PM
#2415   Probably not, go straight to $15 before a Maple tree 10/06/17 01:19:03 PM
#2414   $KNDI 8.7 nHOD coming shortly dipANDrip 10/06/17 11:25:19 AM
#2413   $KNDI COULD DOUBLE BEFORE XMAS IMO MazelTov 10/05/17 10:44:21 AM
#2412   Get ready, we will break $10....... and going higher. $KNDI XMAN 10/05/17 10:25:26 AM
#2411   WOW. $KNDI IS RUNNING STRAIGHT UP. THIS WAS MazelTov 10/05/17 10:11:08 AM
#2410   $KNDI 8.4 shorts still scrambling dipANDrip 10/05/17 10:10:22 AM
#2409   Yes, that is the only news that I PennyWorld 10/05/17 08:33:18 AM
#2408   CNBC reported China and other countries looking to biotechnician 10/05/17 08:11:58 AM
#2407   $KNDI pullback coming. up 100% in a few days. MazelTov 10/04/17 08:32:05 PM
#2406   Monster move from $5.01 to $8 plus today, XMAN 10/04/17 08:23:09 PM
#2405   EV is future and SP will get higher Maple tree 10/04/17 07:57:17 PM
#2404   $KNDI 7.95 another nice move today holding long dipANDrip 10/04/17 05:08:50 PM
#2403   $KNDI should buy CBAK MazelTov 10/04/17 04:15:26 PM
#2402   $KNDI could retrace to $20s again MazelTov 10/04/17 12:39:26 PM
#2401   volume is up. It got picked as a J0hn Dope 10/04/17 12:37:54 PM
#2400   Significant volume spike here ... KNDI kairos 10/04/17 11:47:41 AM
#2399   Yes sir eyeing $10 fairly near term here dipANDrip 10/02/17 04:30:46 PM
#2398   Looks like a runner! Joecanada13 10/02/17 04:28:25 PM
#2397   Could be over $10. EV car is future Maple tree 10/02/17 04:17:39 PM
#2396   They will issue another hit piece so be d3t0x 10/02/17 02:30:13 PM
#2395   KNDI 6.6 shorts in trouble dipANDrip 10/02/17 11:30:48 AM
#2394   Go Kandi Go!! Auditor 1 10/02/17 11:06:50 AM
#2393   PARABOLIC $KNDI MazelTov 10/02/17 11:03:16 AM
#2392   Burn shorty burn !! This baby headed for 10$ pmunch 10/01/17 08:18:38 PM
#2391   Moving on up...$7/$8 coming soon. JMO stockspirit 10/01/17 10:53:47 AM