Kandi Technologies Reports Third Quarter 2019 Financial Results
Jinhua, China--(Newsfile Corp. - November 12, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), today announced its financial results for the third quarter of 2019.Third Quarter Financial HighlightsTotal revenues were $31.7 million for the third quarter of 2019, a decrease of 16.6% from total revenues of $38.0 mil
2019-11-12 7:00 AM EST
Kandi Announces Successful Inspection of First Automatic Intelligent Battery Exchange System
Jinhua, China--(Newsfile Corp. - November 11, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), announced today that its first automatic intelligent battery exchange system passed the inspection on November 10, 2019. The development was spearheaded by the Company's wholly-owned subsidiary, Jinhua An Kao Power Technology Co., Ltd ("Jinhua An Kao"). Kandi Automatic Intellig
2019-11-11 9:00 AM EST
Kandi Technologies Announces It Will Report Third Quarter 2019 Financial Results and Hold a Conference Call on November 12, 2019
Jinhua, China--(Newsfile Corp. - November 5, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that it will report its third quarter 2019 financial results on Tuesday, November 12, 2019(1), before stock markets open in the U.S. 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 November 12, 2019. Mr. Hu Xiaoming, Chief Executive Officer of the...
2019-11-05 8:35 AM EST
Kandi Technologies Announces Two New Pure Electric Community Vehicles to be Launched in the American Market
Jinhua, China--(Newsfile Corp. - November 4, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), announced today that the Company has newly developed two new mini pure electric vehicle ("EV") models. The first model is a four-wheeled mini pure EV. The second model is a three-wheeled mini pure EV. These vehicles are intended for use in residential settings to meet U.S. mark
2019-11-04 8:30 AM EST
Kandi Announces Pure EV Model K23 to Ship to the American Market
Jinhua, China--(Newsfile Corp. - October 28, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), announced today that Kandi brand electric vehicle ("EV") model K23, manufactured by the Company's wholly-owned subsidiary Kandi Electric Vehicles (Hainan) Co., Ltd. ("Kandi Hainan"), has been completed the necessary changes to adhere and adapt to the U.S. vehicle regulations an
2019-10-28 8:30 AM EDT
Kandi Vehicles Announces Delivery of Electric Scooters and Electric Self-Balancing Scooters
Jinhua, China--(Newsfile Corp. - October 14, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), announced today that according to the executed Purchase Framework Agreement dated September 22, 2019 between its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") and DGL Group Inc. (USA) ("DGL Group"), Kandi Vehicles started delivering t
2019-10-14 8:30 AM EDT
Kandi Technologies Announces Change of Independent Accounting Firm to Marcum Bernstein & Pinchuk LLP
Jinhua, China--(Newsfile Corp. - October 11, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi") , announced today that in order to have an audit firm more accessible to PCAOB inspections, the Company has appointed Marcum Bernstein & Pinchuk LLP ("MBP") as the Company's new independent registered public accounting firm effective October 7, 2019. The appointment of MBP was approved by the Company's audit committee.Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi commented:...
2019-10-11 8:45 AM EDT
Kandi Hainan Manufactured Pure EV Model K23 to be Launched in the American Market
Jinhua, China--(Newsfile Corp. - October 2, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), announced today that Kandi brand electric vehicle ("EV") model K23, manufactured by the Company's wholly-owned subsidiary Kandi Electric Vehicles (Hainan) Co., Ltd.* ("Kandi Hainan"), received eligibility for up to $7,500.00 in tax credits under the New Qualified Plug-in Electri
2019-10-02 8:30 AM EDT
Kandi Technologies Announces the Completion of the Equity Transfer of the JV Company
Jinhua, China--(Newsfile Corp. - September 30, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company,” “we” or “Kandi”), announced today that to accelerate the growth of Kandi Electric Vehicles Group Co., Ltd (the “JV Company”), Kandi’s wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles")
2019-09-30 8:30 AM EDT
Kandi Vehicles Signs Purchase Framework Agreement with DGL Group for 300,000 Electric Scooters and 500,000 Electric Self-Balancing Scooters
Jinhua, China--(Newsfile Corp. - September 23, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI)
2019-09-23 8:30 AM EDT
Kandi Technologies Reports Second Quarter 2019 Financial Results
- Q2 total revenues increased 47.6% YoY to $24.1 million -- Q2 sales of off-road vehicles increased 506.9% YoY to $5.2 million -- Q2 gross margin increased to 17.4% compared to 12.6% -Jinhua, China--(Newsfile Corp. - August 9, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or...
2019-08-09 7:30 AM EDT
Kandi JV Company Received Approval to be Pure Electric Vehicle Production Manufacturer by MIIT
Jinhua, China--(Newsfile Corp. - August 7, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that Kandi Electric Vehicles Jiangsu Co., Ltd. ("Kandi Jiangsu"), the wholly-owned subsidiary of Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a joint venture owned by Geely Group (including its affiliate) and Zhejiang Kandi Vehicles Co., Ltd., with each owning 56.53% and 43.47% stakes, respectively) received an approval from the Ministry of Industry and Information Technology ("MIIT")...
2019-08-07 8:00 AM EDT
Kandi Technologies Announces It Will Report Second Quarter 2019 Financial Results and Hold a Conference Call on August 9, 2019
Jinhua, China--(Newsfile Corp. - August 6, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that it will report its second quarter 2019 financial results on Friday, August 9, 2019, before stock markets open in the U.S.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 August 9, 2019. Mr. Hu Xiaoming, Chief Executive Officer of the Company, and...
2019-08-06 8:00 AM EDT
Kandi Technologies Reports JV's Receipt of RMB 876 Million (USD 127.7 Million) New Energy Vehicle Subsidy from Chinese National Government
Jinhua, China--(Newsfile Corp. - June 25, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company"), a joint venture between Kandi and Geely Group, Ltd. has received a national subsidy payment of RMB 876 million (approximately USD 127.7 million) from the Chinese government for sales of new energy vehicles ("EV"), consisting of RMB 742.8 million (approximately USD 108.3 million) for pure EV sales during 2015...
2019-06-25 8:15 AM EDT
Kandi Technologies Announces Share Buyback of up to $20 Million
Jinhua, China--(Newsfile Corp. - May 14, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that its Board of Director has approved the Company to implement a stock repurchase program to purchase up to $20 million of the Company's common stock between a certain price range. The program is to be completed by the end of the 2019 calendar year.Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi commented, "Given the fact that...
2019-05-14 8:30 AM EDT
Kandi Technologies Reports First Quarter 2019 Financial Results
-Q1 revenue increased 116.8% YoY to $18.1 million- Q1 off-road vehicles sales increased 169.8% YoY to $5.3 million-Q1 gross margin increased to 17.4% compared to 16.1% Jinhua, China--(Newsfile Corp. - May 10, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), today announced its financial results for the
2019-05-10 7:00 AM EDT
Kandi Technologies Signs Strategic Cooperative Agreement with Northpoint Commercial Finance LLC
Jinhua, China--(Newsfile Corp. - May 9, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it signed a Strategic Cooperative Agreement (the "Agreement") with Northpoint Commercial Finance LLC ("Northpoint") on May 8th 2019, a leader in commercial finance, supplying flexible inventory financing for clients in a variety of industries. Kandi is planning on bringing several models of pure electric vehicles ("EVs") from China to the North American market. Kandi EVs' cutting-edge technology, trendy...
2019-05-09 8:30 AM EDT
Kandi Technologies Announces It Will Report First Quarter 2019 Financial Results and Hold a Conference Call on May 10, 2019
Jinhua, China--(Newsfile Corp. - May 6, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that it will report its first quarter 2019 financial results on Friday, May 10, 2019, before stock markets open in the U.S.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 May 10, 2019. Mr. Hu Xiaoming, Chief Executive Officer of the Company,...
2019-05-06 8:30 AM EDT
Kandi's JV Company Signs Major Customer Cooperative Framework Contract with Didi Chuxing
Jinhua, China--(Newsfile Corp. - April 11, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI)
2019-04-11 8:30 AM EDT
Kandi Pure EV Model K23 Receives MIIT Approvals
Jinhua, China--(Newsfile Corp. - April 9, 2019) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), announced today that its pure electric vehicle ("EV") SMA7001BEV77 ("Model K23") has been included in the Ministry of Industry and Information Technology's (the "MIIT") Directory of New Products (the "318th Dire
2019-04-09 8:35 AM EDT