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 |
Noble Capital Markets initiated coverage of Kandi Technologies Gr with a rating of Outperform and set a new price target of $5.00
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
- Product Transformation Initiative Driving Profit Growth - Nine-month Net Income of $6.3 Million, Diluted EPS of $0.08 JINHUA, China, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company", "we" or "Kandi") (NASDAQ GS: KNDI), today announced its financial results for the third quarter of 2023. Third Quarter and Nine Months 2023 Financial Highlights Third quarter total revenues of $36.4 million increased by 8.2% year-over-year. Nine-month revenues of $95.2 million increased by 19.9% year-over-year.Net income for the nine months was $6.3 million, or $0.08 income per fully diluted share, compared to a net loss of $2.4 million, or $0.03 loss per fully diluted sha
Jinhua, China, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its third quarter 2023 financial results on Wednesday, November 8, 2023, before the U.S. stock market open. 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 Wednesday, November 8, 2023. 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: +1-877-407-3982 ● International dial-in number: + 1-201-493-67
--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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Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) ("Kandi" or the "Company"), a leader in all-electric personal transportation and utility vehicles, today announced that the first batch of its 10K fully electric UTVs, manufactured by its Taiwanese partner Hartford Industrial Co., Ltd. ("Hartford Industrial"), has successfully completed trial production. These vehicles are now packed and ready for delivery to the United States. This marks a significant milestone as Kandi extends its manufacturing operations to Taiwan, aiming to enhance product quality and increase market competitiveness.
Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) ("Kandi" or the "Company"), a leader in all-electric personal transportation and utility vehicles, announced a strategic cooperation framework agreement ("Agreement") among Kandi, SC Autosports ("Kandi America"), the wholly-owned subsidiary of Kandi in the United States, and Hartford Industrial Co., Ltd. ("Hartford Industrial"), a respected Taiwanese company specializing in the research, development, and manufacturing of recreational motorcycles. The collaboration aims to leverage the strengths of all the parties to enhance product quality and increase market competitiveness.Key elements of the Agreement include:Kandi commits to authorize Hart
Featuring Dual AC Motors, 11.52 kWh Lithium Battery, and J1772 Charging Port; Offers 40 MPH Speed, 60-Mile Range, and 2,500 lbs Towing Capacity With Advanced Safety and Comfort Features
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. These models — the Kandi Cyber 1000, Cyber 3000, and Dart 3000 — offer a range of features tailored for off-road enthusiasts, including powerful electric motors, enhanced suspension systems, and robust chassis designs. The Cyber 1000 provides an affordable and compact option for entry-level users, while the Cyber 3000 and Dart 3000 deliver increased power and performance with a 3,000W motor and advanced handling capabilities. Pr
Kandi Technologies Gr (NASDAQ:KNDI) reported quarterly earnings of $0.01 per share. This is unchanged from the same period last year. The company reported $20.70 million in sales this quarter. This is a 9.46 percent decrease over sales of $22.86 million the same period last year.
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-Reuters Citing Letter
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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
JINHUA, CHINA, Sept. 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 introduced the official availability of its products on Academy Sports + Outdoors' online store. This partnership provides a broader audience access to Kandi's lineup of innovative vehicles, offering enhanced accessibility and convenience for outdoor enthusiasts across the country. Academy Sports + Outdoors is one of the largest and most popular sporting goods retailers in the U.S., known for its wide range of products that cater to active lifestyles. With this collaboration, cu
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
JINHUA, CHINA, Aug. 12, 2024 (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 it has entered into a formal Partnership Agreement (the "Agreement") with Hartford Industrial Co., Ltd. ("Hartford Industrial"), a prominent company specializing in the development and manufacturing of recreational vehicles. The Agreement, signed on August 6, 2024, aims to leverage advanced industrial capabilities and a robust supply network in Asia, and access to a broad consumer market in the U.S. Through this partnership, Kandi and Hartford Industrial will combine their r
In a new licensing deal, Kandi America, a leader in off-road electric vehicle innovation, has partnered with Lowe's to introduce a limited-edition golf cart collection featuring team logos and designs for all 32 NFL teams. With a powerful 5,000-watt motor and powered by a 48V Lithium 150Ah battery, these carts are designed to offer fans an unforgettable driving experience. The officially licensed NFL team edition golf carts are now available online exclusively at Lowe's, the Official Home Improvement Partner of the NFL. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240729409950/en/NFL Team Edition Licensed Carts - Pittsburgh St
JINHUA, CHINA, July 22, 2024 (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 the first batch of its 10K fully electric UTVs, manufactured by its Taiwanese partner Hartford Industrial Co., Ltd. ("Hartford Industrial"), has successfully completed trial production. These vehicles are now packed and ready for delivery to the United States. This marks a significant milestone as Kandi extends its manufacturing operations to Taiwan, aiming to enhance product quality and increase market competitiveness. Dr. Xueqin Dong, CEO of Kandi Technologies Group, c
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6-K - Kandi Technologies Group, Inc. (0001720250) (Filer)
6-K - Kandi Technologies Group, Inc. (0001720250) (Filer)
6-K - Kandi Technologies Group, Inc. (0001720250) (Filer)
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8-K - Kandi Technologies Group, Inc. (0001316517) (Filer)
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