Kandi Technologies Group, Inc. develops, produces, and distributes electric vehicle (EV) products and parts, and off-road vehicles in the People's Republic of China and internationally. It offers off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and EV parts comprising battery packs, body parts, EV drive motors, EV controllers, air conditioners, and other auto parts. The company was formerly known as Kandi Technologies, Corp. and changed its name to Kandi Technologies Group, Inc. in December 2012. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People's Republic of China.
IPO Year:
Exchange: NASDAQ
Website: kandivehicle.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/2/2021 | $5.00 | Outperform | Noble Capital Markets |
JINHUA, CHINA, Dec. 02, 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 that, following a thorough review and decision by its management team, Mr. Bin Yu has been appointed Chief Executive Officer (CEO) of SC Autosports (d/b/a Kandi America), the Company's U.S. subsidiary. This move is part of Kandi's strategic efforts to advance high-quality development initiatives. Mr. Yu, a U.S. citizen, brings over 20 years of corporate management experience and has held senior leadership roles at several leading multinational corporations. His experti
--Mr. Xiaoming Hu Hands CEO Role to Dr. Xueqin Dong----Mr. Hu Remains Board Chair and Large Shareholder-- JINHUA, CHINA, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company," "we" or "Kandi") (NASDAQ GS: KNDI), today announced the appointment of Dr. Xueqin Dong as Chief Executive Officer, effective January 10, 2023. Dr. Dong succeeds Mr. Xiaoming Hu, who resigned for the purpose of Company's long-term growth training of young management. Mr. Hu will continue to serve as Chairman of the Board of Directors. Chairman Hu commented, "On behalf of Kandi's Board of Directors, I am delighted to welcome Dr. Dong as our new CEO. We are confident that Dr. Do
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JINHUA, CHINA, May 01, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) ("Kandi" or the "Company"), a leader in all-electric personal transportation and utility vehicles, today announced that its manufacturing facility in Garland, Texas has officially commenced operations. The first electric golf cart assembled in the U.S. has come off the production line, representing a major milestone in Kandi's "Made in North America" initiative and a key advancement in the Company's U.S. expansion strategy. "The launch of our Texas facility positions Kandi among the few manufacturers of all-electric off-road vehicles to achieve localized production in North America," said F
Revenue Of $127.6M up 3.2% YoY, Supported by Expanded Product Reach And Improved Geographic BalanceElectric Off-Road Vehicle Revenue Rose 8.9% YoY, Reinforcing Core Segment LeadershipEnhanced Supply Chain Flexibility with Taiwan Upgrades, While Progressing Steadily Toward U.S. Localization Goals JINHUA, China, April 28, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company", "we" or "Kandi") (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2024. Full Year 2024 Highlights Total revenue increased to $127.6 million, a 3.2% increase from $123.6 million in 2023. By segment: Sales of off-road vehicles and associated parts rose 8.9%
Jinhua, China, April 22, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its FY 2024 financial results on Monday, April 28, 2025. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 A.M. Beijing Time) on Monday, April 28, 2025. Management will deliver prepared remarks to be followed by a question and answer session. The dial-in details for the conference call are as follows: Toll-free dial-in number: +1-877-407-3982International dial-in number: + 1-201-493-6780Webcast and replay: https://viavid.webcasts.com/starthere.jsp?ei
JINHUA, CHINA, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) ("Kandi" or the "Company"), a leader in all-electric personal transportation and utility vehicles, today announced that its Hainan facility has been certified as a National Green Factory by China's Ministry of Industry and Information Technology for 2024. This prestigious recognition comes with a government award of RMB 2 million (approximately US$ 0.27 million), highlighting Kandi's significant contributions to sustainable manufacturing and progress toward carbon neutrality. The National Green Factory certification is part of China's broader commitment to achieving its environmental goals
NEW YORK, Jan. 15, 2025 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on Kandi Technologies Group, Inc. (NASDAQ:KNDI). Click Here to view full Argus Equity Research Report. COMPANY HIGHLIGHTS: Excerpts (as conveyed by Argus Analyst Steve Silver) include: KNDI: An Emerging Global Leader in Off-Road Electric Vehicles and Battery Swap Technologies Successful Pivot to Off-Road Vehicle Categories: In our view, Kandi Technologies is successfully pivoting its business model to focus on off-road vehicles, includin
JINHUA, CHINA, Dec. 02, 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 that, following a thorough review and decision by its management team, Mr. Bin Yu has been appointed Chief Executive Officer (CEO) of SC Autosports (d/b/a Kandi America), the Company's U.S. subsidiary. This move is part of Kandi's strategic efforts to advance high-quality development initiatives. Mr. Yu, a U.S. citizen, brings over 20 years of corporate management experience and has held senior leadership roles at several leading multinational corporations. His experti
Nine-Month Revenue of Nearly $90M, with Off-Road Vehicles as the Core Revenue DriverStrong Financial Position with $260M in LiquidityNew Leadership to Drive Technology Innovation and Expand Growth, Boosting Market Edge and Launching a Fresh Chapter for the Company JINHUA, China, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company", "we" or "Kandi") (NASDAQ GS: KNDI), today announced its financial results for the third quarter of 2024. Third Quarter and Nine Months 2024 Financial Highlights Q3 revenues decreased to $29.9 million, from $36.4 million in the same period of 2023.Nine-month revenues of $89.8 million slipped 5.7% year-over-year.Off-road vehicles and
Jinhua, China, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its third quarter 2024 financial results on Monday, November 18, 2024. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (9:00 P.M. Beijing Time) on Monday, November 18, 2024. Management will deliver prepared remarks to be followed by a question and answer session. The dial-in details for the conference call are as follows: Toll-free dial-in number: +1-877-407-3982International dial-in number: + 1-201-493-6780Webcast and replay: https://viavid
Jinhua, China, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ:KNDI) ("Kandi" or the "Company"), a leader in all-electric personal transportation and utility vehicles, today announced that on October 6, 2024, its Board of Directors approved several significant corporate decisions. During this meeting, the Board accepted the resignation of Mr. Xiaoming Hu as Chairman of the Board and appointed Dr. Xueqin Dong as his successor. Additionally, Dr. Dong stepped down as CEO, and Mr. Feng Chen has been appointed as the new CEO. As autonomous driving technologies continue to advance due to increasing demand and desire for more technologically advanced mobility, China's
JINHUA, CHINA, Oct. 10, 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 key changes to its Board of Directors and executive leadership, effective October 6, 2024, marking a strategic transition that underscores the Company's commitment to long-term growth, operational resilience, and sustainable value for shareholders. Mr. Xiaoming Hu has resigned as Chairman of the Board after decades of dedicated service. Mr. Hu will remain on the Board as a Director, offering valuable insight as he transitions toward retirement. The Company is
Noble Capital Markets initiated coverage of Kandi Technologies Gr with a rating of Outperform and set a new price target of $5.00
Revenue Of $127.6M up 3.2% YoY, Supported by Expanded Product Reach And Improved Geographic BalanceElectric Off-Road Vehicle Revenue Rose 8.9% YoY, Reinforcing Core Segment LeadershipEnhanced Supply Chain Flexibility with Taiwan Upgrades, While Progressing Steadily Toward U.S. Localization Goals JINHUA, China, April 28, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company", "we" or "Kandi") (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2024. Full Year 2024 Highlights Total revenue increased to $127.6 million, a 3.2% increase from $123.6 million in 2023. By segment: Sales of off-road vehicles and associated parts rose 8.9%
Jinhua, China, April 22, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its FY 2024 financial results on Monday, April 28, 2025. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 A.M. Beijing Time) on Monday, April 28, 2025. Management will deliver prepared remarks to be followed by a question and answer session. The dial-in details for the conference call are as follows: Toll-free dial-in number: +1-877-407-3982International dial-in number: + 1-201-493-6780Webcast and replay: https://viavid.webcasts.com/starthere.jsp?ei
Nine-Month Revenue of Nearly $90M, with Off-Road Vehicles as the Core Revenue DriverStrong Financial Position with $260M in LiquidityNew Leadership to Drive Technology Innovation and Expand Growth, Boosting Market Edge and Launching a Fresh Chapter for the Company JINHUA, China, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company", "we" or "Kandi") (NASDAQ GS: KNDI), today announced its financial results for the third quarter of 2024. Third Quarter and Nine Months 2024 Financial Highlights Q3 revenues decreased to $29.9 million, from $36.4 million in the same period of 2023.Nine-month revenues of $89.8 million slipped 5.7% year-over-year.Off-road vehicles and
Jinhua, China, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its third quarter 2024 financial results on Monday, November 18, 2024. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (9:00 P.M. Beijing Time) on Monday, November 18, 2024. Management will deliver prepared remarks to be followed by a question and answer session. The dial-in details for the conference call are as follows: Toll-free dial-in number: +1-877-407-3982International dial-in number: + 1-201-493-6780Webcast and replay: https://viavid
Strong Financial Position with ~$220 million cash and cash equivalentsReturned Capital to Shareholders via Active Share Repurchase ProgramIntroduced Officially Licensed NFL Team Golf Carts Exclusively Available at Lowe's JINHUA, China, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company", "we" or "Kandi") (NASDAQ GS: KNDI), today announced its financial results for the second quarter of 2024. Second Quarter Highlights Total revenues increased to $39.1 million, up from $36.0 million in the same period of 2023.Off-road vehicles and associated parts were the primary driver of revenue, increasing by 11.3% y/y to $34.7 million, compared to $31.3 million in the same
Jinhua, China, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its second quarter 2024 financial results on Friday, August 16, 2024. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on Friday, August 16, 2024. Management will deliver prepared remarks to be followed by a question and answer session. The dial-in details for the conference call are as follows: Toll-free dial-in number: +1-877-407-3982International dial-in number: + 1-201-493-6780Webcast and replay: https://viavid.webcasts.c
Solid Start to the Year with Net Income of $0.8 million, up 27.6% YoY Significant Return of Capital to Shareholders via 564,302 Shares Repurchased JINHUA, CHINA, May 16, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company", "we" or "Kandi") (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2024. First Quarter Highlights Continued expansion of sales channels, with the Company's products available in a greater number of large chains and distributors across the U.S. compared to 2023, laying a solid foundation for peak season sales.Total revenues of $20.7 million compared to $22.9 million in the same period of 2023.Net income was $0
Jinhua, China, May 13, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its first quarter 2024 financial results on Thursday, May 16, 2024. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on Thursday, May 16, 2024. Management will deliver prepared remarks to be followed by a question and answer session. The dial-in details for the conference call are as follows: Toll-free dial-in number: +1-877-407-3982International dial-in number: + 1-201-493-6780Webcast and replay: https://v
JINHUA, China, March 14, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company", "we" or "Kandi") (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2023. Full Year 2023 Highlights Total net revenues increased by 4.9% to $123.6 million, from $117.8 million in 2022.As the primary driver of total revenue, off-road vehicles and associated parts sales increased by 51.5% to $107.0 million from $70.6 million in 2022.Gross profit increased by 112% to $41.4 million, from $19.5 million in 2022.Net income was $1.7 million, or $0.02 income per fully diluted share, compared to a net loss of $12.9 million, or $0.17 loss per fully diluted shar
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. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on Friday, March 15, 2024. Management will deliver prepared remarks to be followed by a question and answer session. The dial-in details for the conference call are as follows: Toll-free dial-in number: +1-877-407-3982International dial-in number: + 1-201-493-6780Webcast and replay: https://viavid.webcasts.com/s