Kandi Technologies' subsidiary China Battery Exchange secured an 18-station equipment procurement order from QIJI Energy (CATL's heavy-truck battery swap brand), marking the first batch commercial deployment under their January 2026 strategic cooperation agreement. This order represents a transition from pilot phase to...
Kandi Technologies announced that Hangzhou Xinchu New Energy Technology Co., Ltd., in which Kandi is acquiring a 51% stake, has been designated as an authorized distributor for Schneider Electric's UPS systems, cooling infrastructure, and data center solutions for 2026. This partnership enables Xinchu to combine...
Kandi Technologies has expanded its off-road vehicle business to 35 countries and regions, with strong momentum in North America and rapid growth across Africa, Southeast Asia, Latin America, and the Middle East. The company is shifting from a volume-driven to a dual-track strategy focusing on order expansion and brand...
Kandi Technologies announced its 2026-2030 strategic development framework, transitioning from a single-product manufacturer to a technology-driven platform company. The company reported improved financial metrics for 2025 with gross margin expanding to 42.6% and $211.9M in cash. The dual-engine growth strategy focuses...
Kandi Technologies reported a 39.3% revenue decline in H1 2025, but improved gross margin to 45.2% through strategic channel realignment and cost controls. The company is expanding into intelligent equipment and battery swapping technologies, securing partnerships with Deep Robotics and CATL.
Kandi Technologies' subsidiary China Battery Exchange secured its first major order from CATL for heavy-truck battery swap station equipment, supporting CATL's 'Ten Thousand Station Plan' with a target of 500 stations in 2025 and over 10,000 stations long-term.
CBAK Energy, a leading lithium-ion battery manufacturer in China, announced its participation in the upcoming Shenzhen International Battery Technology Conference & Expo from May 15-17, 2025. The company's sales team and R&D department will be attending the event.
Kandi Technologies Group, Inc. reported a decline in Q3 2024 revenues, primarily due to changes in the sales model for its off-road vehicles. However, the company has a strong financial position with $260 million in liquidity and is implementing a comprehensive growth plan for 2025-2029 to drive innovation and expand...
JINHUA, CHINA, June 27, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leader in all-electric personal transportation and utility vehicles, announced the expansion of its UTV portfolio with the launch of the Innovator e10K. This new electric UTV combines...
Revolutionizing Power Solutions with Exceptional Longevity, Efficiency, and Compatibility
JINHUA, CHINA, June 12, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading producer of all-electric personal transportation and utility vehicles, today announced the launch of three new electric go-karts through its wholly-owned subsidiary, Kandi America....
Solid Start to the Year with Net Income of $0.8 million, up 27.6% YoY
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Jinhua, China, March 11, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its FY 2023 financial results on Thursday, March 14, 2024.
JINHUA, CHINA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that its wholly owned subsidiary SC Autosports, LLC (“SC Autosports” or “Kandi America”) has strategically partnered with Peavey Mart, a leading farm and ranch retailer...
- Product Transformation Initiative Driving Profit Growth
JINHUA, CHINA, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or “the Company”) (NASDAQ GS: KNDI), today announced that on August 18, 2023, its next generation all-electric crossover models, 1124 and 1124A, have officially entered mass production at the Hainan facility. These two new...
Strategic product transformation has borne fruitful outcomes, leading to a remarkable turnaround to profitability Strategic product transformation has borne fruitful outcomes, leading to a remarkable turnaround to profitability
-- SC Autosports to acquire 100% ownership of Northern Group—
JINHUA, CHINA, May 10, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2023.
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