Anuncio • Apr 22
Kandi Technologies Group, Inc. to Report Fiscal Year 2024 Results on Apr 28, 2025 Kandi Technologies Group, Inc. announced that they will report fiscal year 2024 results at 9:30 AM, US Eastern Standard Time on Apr 28, 2025 Anuncio • Nov 15
Kandi Technologies Group, Inc., Annual General Meeting, Dec 27, 2024 Kandi Technologies Group, Inc., Annual General Meeting, Dec 27, 2024, at 06:00 China Standard Time. Location: at building 1, floor 4, zhijiangyin, yunhe road, xihu district, zhejiang province, china 310024, hangzhou China Anuncio • Nov 13
Kandi Technologies Group, Inc. to Report Q3, 2024 Results on Nov 18, 2024 Kandi Technologies Group, Inc. announced that they will report Q3, 2024 results on Nov 18, 2024 Anuncio • Aug 12
Kandi Technologies Group, Inc. to Report Q2, 2024 Results on Aug 16, 2024 Kandi Technologies Group, Inc. announced that they will report Q2, 2024 results on Aug 16, 2024 Anuncio • Jul 22
Kandi Technologies Group, Inc. Announces First Taiwan-Made UTV Shipment to the U.S Kandi Technologies Group, Inc. 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. Anuncio • Jun 28
Kandi Technologies Group Expands UTV Portfolio with Innovator e10K Kandi Technologies Group, Inc. announced the expansion of its UTV portfolio with the launch of the Innovator e10K. This new electric UTV combines strong performance with an eco-friendly design, ideal for eco-conscious adventurers seeking a powerful and precise off-road experience. The Innovator e10K features dual AC electric motors with a 10,000-watt output, an 11.52 kWh lithium battery, and a J1772 charging port. It reaches speeds up to 40 MPH with an estimated range of 60 miles and fully recharges in 8 hours using a standard 120V outlet. With compact dimensions, high ground clearance, and rugged tires, the vehicle is designed for agility and ease of handling. It has a cargo bed load capacity of 441 lbs and a towing capacity of 2,500 lbs, supported by an independent double A-arm suspension for smooth rides. Safety features include disc brakes on both ends, while comfort and utility are enhanced by a 3500 lbs winch, electric power cargo bed, cool flow windshield, 10?touch screen with a backup camera, side doors, and running boards. The Kandi Innovator e10K will be sold through authorized dealers, with more details available soon. Customers can enhance their Innovator e10K with various accessories and enjoy a 36-month warranty for the lithium battery and a 12-month limited vehicle warranty. Kandi is a pioneering force in the electric vehicle industry, dedicated to developing innovative, sustainable transportation solutions. With a focus on quality, performance, and environmental responsibility, Kandi continues to lead the way in shaping the future of electric mobility. Anuncio • Jun 20
Kandi Technologies Group, Inc. Launches Ultra-High Capacity AA Battery in the U.S Kandi Technologies Group, Inc. announced the launch of its new AA battery, now available for sale in the United States. Designed to meet the growing demand for reliable and long-lasting power solutions, Kandi's AA battery offers unparalleled energy capacity, quick charging capabilities, and wide device compatibility. With an impressive 2700 mWh energy capacity, 1500 recharging cycles, and minimal power loss, these batteries are engineered to last, saving consumers money and reducing waste. The quick and efficient charging technology delivers a consistent 1.5V of power in just 2.5 hours, making it ideal for toys, remote controls, game controllers, flashlights, and more. The primary distribution channel for Kandi's AA batteries is Amazon, ensuring easy access for customers across the country. Additionally, Kandi offers a compact and portable Lithium Battery Charger, designed for versatile charging options with a modern USB-C port. This charger can fully recharge AA and AAA lithium batteries in just 2.5hours, featuring intelligent LED indicators for real-time status and built-in safety features for reliable operation. Anuncio • Jun 06
Kandi Technologies Group, Inc. Debuts Enhanced 10K High-Clearance Electric UTV Kandi Technologies Group, Inc. announced the launch of its newly developed 10K high-clearance, fully electric UTV, a sophisticated upgrade designed to elevate the off-road experience. This innovative model builds upon the chassis of the acclaimed 10K model, integrating an extended swing arm and a widened wheelbase for unmatched stability in a variety of settings. The vehicle features extended airbag shock absorbers, which significantly raise the ground clearance and greatly enhance its traversability, whether navigating potholed roads or traversing wet, muddy landscapes. Anuncio • May 15
Kandi Technologies Group, Inc. to Report Q1, 2024 Results on May 16, 2024 Kandi Technologies Group, Inc. announced that they will report Q1, 2024 results on May 16, 2024 Anuncio • Apr 18
Kandi Technologies Group Files Form 15 Kandi Technologies Group, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.001 per share. Anuncio • Mar 12
Kandi Technologies Group, Inc. to Report Fiscal Year 2023 Results on Mar 14, 2024 Kandi Technologies Group, Inc. announced that they will report fiscal year 2023 results on Mar 14, 2024 Anuncio • Nov 29
Kandi Technologies Group, Inc. (NasdaqGS:KNDI) announces an Equity Buyback for $30 million worth of its shares. Kandi Technologies Group, Inc. (NasdaqGS:KNDI) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its common shares. The repurchase program is expected to be completed by the end of 2024. Anuncio • Nov 18
Kandi Technologies Group, Inc., Annual General Meeting, Dec 27, 2023 Kandi Technologies Group, Inc., Annual General Meeting, Dec 27, 2023, at 06:00 US Eastern Standard Time. Location: Building 1, Floor 4, Zhijiangyin, Yunhe Road, Xihu District, Hangzhou City, Zhejiang Province, China, 310024 Hangzhou Zhejiang Province China Agenda: To consider and approve the Company’s reincorporation from the State of Delaware to the country of the British Virgin Islands; to consider and elect seven directors, each to serve until the 2023 Annual Meeting of Shareholders; to consider and ratify the appointment of ARK Pro CPA & Co. (“ARK”) as the Company’s independent auditor for the fiscal year ended December 31, 2023; and to transact such other business matters. Anuncio • Nov 17
Kandi Technologies Group, Inc.'S First 500 Fully Electric Mini Golf Carts to Launch in Us Market Kandi Technologies Group, Inc. announced that its first batch of 500 all-electric mini golf carts has arrived in the United States and will be gradually released in the market starting this month. Designed by American professionals, the carts were meticulously developed and manufactured by Kandi. Among other features, these models boast electric telescopic functionality, enhancing convenience for travel and portability. These golf carts are not only compact, versatile, and practical but also showcase a distinctive exterior design, all offered at a reasonable price. Kandi is confident that the electric mini golf carts will be favored by consumers and become another popular product of the Company. Anuncio • Nov 03
Kandi Technologies Group, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Kandi Technologies Group, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023 Anuncio • Aug 09
Kandi Technologies Reports Impairment Charges for Second Quarter Ended June 30, 2023 Kandi Technologies reported impairment charges for second quarter ended June 30, 2023. for the period the company reported Impairment of goodwill was $507,603 and Impairment of long-lived assets was $962,737. Anuncio • Aug 04
Kandi Technologies Group, Inc. to Report Q2, 2023 Results on Aug 08, 2023 Kandi Technologies Group, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 08, 2023 Anuncio • May 06
Kandi Technologies Group, Inc. to Report Q1, 2023 Results on May 10, 2023 Kandi Technologies Group, Inc. announced that they will report Q1, 2023 results Pre-Market on May 10, 2023 Anuncio • Jan 12
Kandi Technologies Group, Inc. Announces CEO Transition Kandi Technologies Group, Inc. 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. Dr. Dong was elected as a director of Kandi in December 2021. Previously, he was General Manager of Jiangsu Xingchi Electric Power Technology Co. Ltd. in charge of overall operation and management of the development, production, and sales of electric off-road vehicles. Dr. Dong owns more than twenty patents and has published over ten papers on automobile and electric vehicle engineering technology in China and international academic journals-- with three indexed by the prestigious Engineering Index ("EI"). He has participated in four scientific research projects at the national and municipal level. Dr. Dong earned his Doctor of Engineering degree in Vehicle Engineering from Shanghai Tongji University, Master of Engineering degree in material processing from Nanchang University, and a Bachelor of Engineering degree in mechatronics from Nanchang University in China. Anuncio • Nov 29
Kandi Technologies Produces 10,000th Crossover Electric Golf Cart Kandi Technologies Group, Inc. announced that it has produced and shipped its 10,000th “crossover” electric golf cart at its production facility in Hainan, China. Kandi’s electric “crossover” golf carts feature a new aesthetic styling and optimized control systems based on an automotive-grade chassis. Demand has been strong since the U.S. launch this April. In particular, the M1204 series is a best seller in the United States, ranking at the top of this category in market share. Anuncio • Nov 15
Kandi Technologies Group, Inc., Annual General Meeting, Dec 30, 2022 Kandi Technologies Group, Inc., Annual General Meeting, Dec 30, 2022, at 06:00 Eastern Standard Time. Location: Building 1, Floor 4, Zhijiangyin Yunhe Road, Xihu District, Hangzhou City Zhejiang China Agenda: To consider and vote to reincorporate the Company in the British Virgin Islands; to elect the nominees named herein as directors to serve until the 2022 Annual Meeting of Shareholders; to ratify the appointment of Paris, Kreit & Chiu CPA LLP as the Company's independent auditor for the fiscal year ending December31, 2022; to approve an amendment to our Certificate of Incorporation, as amended, to increase the number of authorized shares of common stock; to conduct an advisory vote on the compensation of named executive officers as disclosed; and to transact such other business as properly may come before the annual meeting or any adjournments thereof. Anuncio • Nov 04
Kandi Technologies Group, Inc. to Report Q3, 2022 Results on Nov 08, 2022 Kandi Technologies Group, Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 08, 2022 Reported Earnings • Aug 09
Second quarter 2022 earnings released: US$0.026 loss per share (vs US$0.54 profit in 2Q 2021) Second quarter 2022 results: US$0.026 loss per share (down from US$0.54 profit in 2Q 2021). Revenue: US$20.8m (down 30% from 2Q 2021). Net loss: US$1.94m (down 105% from profit in 2Q 2021). Anuncio • Aug 04
Kandi Technologies Group, Inc. to Report Q2, 2022 Results on Aug 08, 2022 Kandi Technologies Group, Inc. announced that they will report Q2, 2022 results Pre-Market on Aug 08, 2022 Reported Earnings • May 10
First quarter 2022 earnings released: US$0.021 loss per share (vs US$0.085 loss in 1Q 2021) First quarter 2022 results: US$0.021 loss per share (up from US$0.085 loss in 1Q 2021). Revenue: US$24.9m (up 56% from 1Q 2021). Net loss: US$1.62m (loss narrowed 75% from 1Q 2021). Anuncio • May 05
Kandi Technologies Group, Inc. to Report Q1, 2022 Results on May 09, 2022 Kandi Technologies Group, Inc. announced that they will report Q1, 2022 results Pre-Market on May 09, 2022 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improved over the past week After last week's 23% share price gain to €3.35, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 10x in the Auto Components industry in Germany. Total loss to shareholders of 43% over the past year. Reported Earnings • Mar 16
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.30 (up from US$0.19 loss in FY 2020). Revenue: US$91.5m (up 19% from FY 2020). Net income: US$22.9m (up US$33.3m from FY 2020). Profit margin: 25% (up from net loss in FY 2020). Revenue missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 49%, compared to a 8.1% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €2.44, the stock trades at a trailing P/E ratio of 15.2x. Average forward P/E is 11x in the Auto Components industry in Germany. Total loss to shareholders of 64% over the past year. Anuncio • Dec 07
Kandi Technologies Group, Inc. (NasdaqGS:KNDI) announces an Equity Buyback for $20 million worth of its shares. Kandi Technologies Group, Inc. (NasdaqGS:KNDI) announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of common stock. The plan is valid by the end of 2022. Reported Earnings • Nov 10
Third quarter 2021 earnings released: US$0.10 loss per share (vs US$0.027 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$16.8m (down 10% from 3Q 2020). Net loss: US$7.87m (loss widened 440% from 3Q 2020). Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improved over the past week After last week's 21% share price gain to €4.62, the stock trades at a trailing P/E ratio of 18.5x. Average forward P/E is 12x in the Auto Components industry in Germany. Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS US$0.54 (vs US$0.076 in 2Q 2020) Second quarter 2021 results: Revenue: US$29.9m (up 54% from 2Q 2020). Net income: US$40.9m (up US$36.9m from 2Q 2020). Anuncio • May 25
Kandi Technologies Group, Inc. Unveils K32 Premium Fully Enclosed Electric 4WD Utility Terrain Vehicles in Hainan Factory Kandi Technologies Group, Inc. unveiled five prototypes of its new K32 Utility Terrain Vehicle (“UTV”), producedat its factory in Hainan, China. The K32 is a premium UTV, featuring pure electric four-wheel-drive propulsion and a fully enclosed cockpitwith air conditioning. Kandi intends to begin sales of the K32 in the U.S. in 2021. The Kandi K32 UTV offers a premium experience in UTVs. Excellent off-road performance is delivered by its dual-motor four-wheel drive design. The fully enclosed cockpit creates delightful comfort not typical for a UTV, including a built-in intelligent interactive system, integrated infotainment, and refreshingly strong air conditioning. Rider comfort is ensured with ample size: the K32 length is 18 feet, with 6 feet width and 7 feet height. With a gross vehicle weight ofover 5000 lbs, the powerful battery system can support a driving range of over60 miles, based on the NEDC working conditions method. Anuncio • Mar 18
Kandi Technologies Group Inc.'s Subsidiary Kandi America Expands Product Categories, Launches NEV Models Kandi America, the U.S. subsidiary of Kandi Technologies Group Inc. announced the strategic expansion of its automotive business to fulfill the largely untapped Neighborhood Electric Vehicle (NEV) market. Now available for order and delivery through select dealerships, the Kandi NEV K23 and NEV K27 models have been certified to meet Federal Motor Vehicle Safety Standards (FMVSS) 500 requirements. Increasing demand in recent years has resulted in steady growth of the NEV market, especially as it pertains to local transportation within cities and communities. However, there is a clear gap in the market when it comes to meeting the needs of the modern-day driver, especially the technology and safety features they have come to expect. Commonly referred to as “daily drivers” for passenger treks, NEVs are most often designed to supplement traditional vehicles rather than serve as replacements. They are convenient to maneuver and park due to their small size and eliminate the cost for gas while keeping miles off existing cars. Priced at $22,499 and $15,499 respectively, the Kandi NEV K23 and NEV K27 models are eligible for tax incentives that vary by state. Unique to the NEV market, Kandi’s NEV K23 and NEV K27 models contain safety features such as seatbelts and airbags, much-desired HVAC, and can comfortably fit up to four passengers. The back seats fold down completely to provide ample cargo space, making it perfect for active lifestyles and running errands around town. Both models come standard with a backup camera, Bluetooth capability and a high-tech touchscreen – everything the modern driver needs. Last week, Kandi America announced the first step of its expansion plans – a substantial investment made to relocate its corporate headquarters from Garland to a premier location near the intersection of U.S. Highway 75 and Forest Lane that will feature a dedicated area for test drives. The purchase closed on March 4 with an anticipated move date in April. Located at 8050 Forest Lane, the 54,372-square-foot building sits on a 5-acre lot and will house Kandi America’s corporate offices, as well as a show room and distribution center. The company’s long-term strategic plans include continued investment in the development and rollout of electric vehicles and powersports, including the highly anticipated passenger cars which remain in development per the decision in late 2020 to make several interior and exterior enhancements. Anuncio • Mar 17
Kandi Technologies Group, Inc. announced delayed annual 10-K filing On 03/16/2021, Kandi Technologies Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Anuncio • Jan 28
Hagens Berman Reminds Kandi Technologies Group Investors of Application Deadline in Securities Fraud Lawsuit Hagens Berman urges Kandi Technologies Group, Inc. investors to submit their losses now. A securities fraud class action has been filed and certain investors may have valuable claims. The complaint centers on whether Kandi manipulated its financial statements, including overstating revenues. More specifically, according to the complaint Kandi artificially inflated reported revenues through undisclosed related party transactions, and most of Kandi’s sales during the past year were to undisclosed related parties, indicating the lack of arms-length transactions. According to Hindenburg, Kandi engaged in a “brazen scheme” to “falsify revenue using fake sales to undisclosed affiliates. Hindenburg reported it unmasked Kandi’s top customers and found that almost 64% of Kandi’s last twelve months sales have been to undisclosed related parties, and the company’s largest customer, representing about 55% of Kandi’s last twelve months sales, shares a phone number with a Kandi subsidiary and a Kandi executive. Hindenburg further concludes Kandi’s financials corroborate its concerns, noting that the company has consistently booked revenue it cannot collect, a classic hallmark of fake revenue.