Kandi Technologies Group Inc

Kandi Technologies Group, Inc. is a holding company, which engages in the development, production, and distribution of electric vehicle products and parts. It offers off-road vehicles including ATVs, utility vehicles, go-karts, and electric scooters. The company was founded on March 31, 2004 and is headquartered in Jinhua, China.

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Kandi Technologies reports revenue growth and strategic market expansions

Kandi Technologies Group Inc's Q2 performance reflects revenue growth driven by EV sales and strategic market initiatives.
With a strong financial position and key partnerships, the company is well-positioned for future expansion and revenue diversification.
Challenges include maintaining profitability, navigating market dynamics, and optimizing operational efficiency amidst rapid growth.

Kandi Technologies Group navigates revenue decline with strategic growth plans

Kandi Technologies Group faces revenue challenges in Q3 2024 but maintains a strong financial position and strategic vision for future growth. Analyst inquiries into long-term forecasts and stock performance underscore the importance of transparent communication and effective execution of growth plans.

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Kandi Technologies Group, Inc. engages in designing, developing, manufacturing, and commercializing electric vehicle (EV) products and EV parts. It offers off-road vehicles including all-terrain vehicles (ATVs), pure electric utility vehicles (UTVs), go-karts, electric scooters, electric self-balancing scooters and associated parts, and lithium-ion cells. The company was founded by Xiao Ming Hu in 2002 and is headquartered in Jinhua, China.

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DALIAN, China, Nov. 27, 2020 /PRNewswire/ -- CBAK Energy Technology, Inc. ("CBAK Energy", NASDAQ: CBAT), a world's leading lithium-ion battery manufacturer and electric energy solution provider, announced that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD ("Dalian...

CBAK Energy and Kandi Group Signed Supply Framework Agreement

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JINHUA, China, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that it closed the registered direct offering of 8,849,560 units (the “Units”) of its securities at a purchase price per Unit of $11.30 on November 23, 2020, ﻿as previously announced on November 20, 2020.  The offering generated aggregate gross proceeds to the Company of approximately $100 million, before deducting fees to the placement agent and other estimated offering expenses payable by the Company.  Each Unit consisted of one share of our common stock, and 0.4 warrants to purchase a share of our common stock.  The warrants have an exercise price of $14.50 per share, a term of 30 months, are  exercisable upon issuance.  The Company issued a total of 8,849,560 shares of common stock and warrants for the purchase of up to 3,539,825 shares of common stock to the investors in the offering. 

Kandi Technologies Announces the Closing of $100 Million Registered Direct Offering

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Why Blink Charging, Li Auto, and Kandi Technologies Rose Monday

The stock price of Kandi Technologies Group Inc (NASDAQ: KNDI) fell 16.31% on Friday, November 20. This is an explanation of why it happened.

KNDI Stock Price Falls 16.31%: Why It Happened

Shares of the Chinese electric car maker are taking a breather after the company decided to raise some money.

Why Kandi Technologies Is Down 17% Today

Kandi Technologies Group Inc. (NASDAQ: KNDI) shares pulled back late in the week when the company announced a registered direct placement offering.

Is Now the Time for Kandi Tech to Capitalize on Its EV Success?

JINHUA, China, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of $100 million of 8,849,560 units (the “Units”) of its securities at a purchase price per Unit of $11.30, generating aggregate gross proceeds to the Company of approximately $100 million, before deducting fees to the placement agent and other estimated offering expenses payable by the Company.  Each Unit consisted of one share of our common stock and 0.4 warrants to purchase a share of our common stock.  The warrants have an exercise price of $14.50 per share, a term of 30 months, and are exercisable upon issuance.  

Kandi Technologies Announces Entry into Agreement for Registered Direct Placement of $100 Million of Common Stock and Warrants

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Why Kandi Techologies, CBAK Energy, and Blink Charging Stocks Are All Up 10% (or Even More) on Thursday

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Electric vehicle news is moving stocks up for various reasons today.

Why 3 Very Different EV Stocks Are Up Big Today

Kandi Technologies (KNDI) has revealed that the Texas Commission on Environmental Quality has approved it for a major rebate. The post Kandi Technologies Rebate 2020: 13 Things for KNDI Stock Investors (and Customers) to Know appeared first on InvestorPlace.

Kandi Technologies Rebate 2020: 13 Things for KNDI Stock Investors (and Customers) to Know

Texas just created a $55 million market opportunity for Kandi electric cars.

Why Kandi Technologies Stock Just Rocketed 22%

GARLAND, Texas--(BUSINESS WIRE)---- $KNDI #KandiEV--Kandi America's electric vehicles have been approved for a $2,500 rebate in the Lone Star State by the Texas Commission on Environmental Quality.

Kandi America's Electric Vehicles Eligible for $2,500 Rebate in Texas

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JINHUA, China, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that it closed a registered direct offering of 9,404,392 units (the “Units”) of its securities at a purchase price per Unit of $6.38, generating aggregate gross proceeds to the Company of approximately $60,000,000, before deducting fees to the placement agent and other estimated offering expenses payable by the Company.  Each Unit consisted of one share of our common stock, and 0.4 warrants to purchase a share of our common stock.  The warrants have an exercise price of $8.18 per share and a term of 30 months, but are not exercisable for the first six months following issuance.  The Company issued a total of 9,404,392 shares of common stock and warrants for the purchase of up to 3,761,757 shares of common stock ﻿to the investors in the placement. 

Kandi Technologies Announces the Closing of a Registered Direct Placement of $60 Million of Common Stock and Warrants

A surprise stock offering dilutes shareholders by 15%.

Why Kandi Stock Got Crushed Today

While some electric vehicle (EV) makers are seeing share prices run higher nearly every day, others are getting clobbered.

EV Maker Kandi Hits a Couple of Nasty Potholes as Sector Stumbles

JINHUA, China, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of $60 million of common stock at a price of $6.38 per share. The Company will issue a total of 9,404,392 shares of common stock to the institutional investors. As part of the transaction, the Company will also issue to the investors warrants (“Warrants”) for the purchase of up to 3,761,756 shares of common stock at an exercise price of $8.18 per share, which Warrants will have a term of 30 months from the date of issuance but are not exercisable for the first six months. 

Kandi Technologies Announces Entry into Agreement for Registered Direct Placement of $60 Million of Common Stock and Warrants

Kandi Technologies Group's (KNDI) CEO Xiaoming Hu on Q3 2020 Results - Earnings Call Transcript

 - Off-road vehicles sales increased 51.6% to $8.9 million - Gross margin of 20.9% up versus 16.7% year-ago

Kandi Technologies Reports Third Quarter 2020 Financial Results

Jinhua, China, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will host virtual investor meetings at the Benchmark Annual Discovery One on One Conference on Wednesday, November 18, 2020.

Kandi to Participate at Benchmark Annual Discovery One on One Conference

The stock price of Kandi Technologies Group Inc (NASDAQ: KNDI) is up 25.34% over the last 5 trading days from $6.55 to $8.21 now. This is why.

KNDI Stock Price Increases Over 25% This Week: Why That Happened

Kandi Technologies Group Inc. (NASDAQ: KNDI) shares jumped on Wednesday on news that the company received an update from the U.S.

Meet the Newest Electric Vehicle Player in the US

GARLAND, Texas--(BUSINESS WIRE)---- $KNDI #AffordableEV--Kandi America's electric vehicles received final clearance from the Environmental Protection Agency (EPA) and can now enter into the U.S. market.

News for Kandi Technologies Group Inc Stock (KNDI)