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stock_peeker

09/24/13 10:14 AM

#13559 RE: stock_peeker #13558

KNDI: My issues with the company

KNDI is an electric vehicle manufacturer in China that stands to profit from generous govt subsidy program, but they seem too small to be a major EV supplier, so I doubt they have the capability to ramp up quickly or speed development of other vehicles. My understanding is that they are primarily a manufacturer of 4wheelers, and EVs are a new area for them. Since they don't seem to have the clout of a large car manufacturer, other larger companies could nudge them out over time. In other words, KNDI ain't no TSLA.

Also there is the issue of infrastructure to support EV re-charging. For some reason I imagine a bunch of EVs simply running out of electrons during the morning commute in Beijing and being pushed to the side of the road.

Here are pics of their EVs:

http://en.kandivehicle.com/ProductList.aspx?classid1=58&classid2=73

Here are pics and the specs for their KD-5011 car:

http://en.kandivehicle.com/ProductDetail.aspx?kid=72

Overall size:2900*1545*1590mm
Wheelbase:2080mm
Distance between wheel(f/r):1280/1330mm
Net weight:960kgs
Max. Load:150KGs
Seater:2
Max. speed:=72km/h
Max. Climbing Gradient:=20%
Running distance(60km/h): =160 km (about 100miles)
Motor:42V AC 7.5KW
Drive type:rear wheel driving
Battery:Lithium 3.2V 22AH
Controller:72V

... and for the ethical investor, here are their values:

http://en.kandivehicle.com/AboutUs.aspx?guid=40661425-9a43-4909-8cb1-65be408cdf6b