Kandi's JV Company Achieved 3,213 EV Units Sales in August
Jinhua, China--(Newsfile Corp. - September 5, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company") sold 3,213 units of electric vehicle ("EV") products in August.Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi, commented, "Our business was heavily impacted last year due to the confusion surrounding the reusable battery exchange model. We have been working diligently...
2017-09-05 8:35 AM EDT
Li Guoliang, Deputy Governor of Hainan Province, Tours Kandi's Hainan Facility
Jinhua, China--(Newsfile Corp. - September 1, 2017) - Kandi Technologies Group, Inc. (the "Company" or "Kandi") (NASDAQ GS: KNDI), today announced that Mr. Li Guoliang, Deputy Governor of Hainan Province, along with other political leaders from the Provincial Department of Commerce, the Provincial Tourism Commission, the Provincial Culture Department, Haikou City and the Haikou High-Tech Zone, toured the Kandi Electric Vehicles (Hainan) Co., Ltd. production facility (the "Hainan Facility") on...
2017-09-01 8:30 AM EDT
The Party Secretary of Jiangsu Province Mr. Li Qiang Visited Rugao City
Jinhua, China--(Newsfile Corp. - August 21, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that the Party Secretary of Jiangsu Province Mr. Li Qiang, along with Director of Jiangsu Provincial Development and Reform Commission, Mr. Zhu Xiaoming, the Party Secretary of Nantong City Mr. Lu Zhipeng, as well as other local political leaders visited Rugao City and learned about the progress of renewable energy vehicle development.To view an...
2017-08-21 9:42 AM EDT
Kandi Technologies Reports Second Quarter 2017 Financial Results
Jinhua, China--(Newsfile Corp. - August 9, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company,” “we” or “Kandi”), today announced its financial results for the second quarter of 2017. Second Quarter Highlights Total revenues were $27.3 million for the second quarter of 2017, a decrease of 50.5% from total revenues of $55.2 million for the same period in 2016. Electric Vehicle (“EV”) parts sales decreased by 51.3%, to $26.2...
2017-08-09 7:10 AM EDT
Kandi Technologies Announces it Will Report Second Quarter 2017 Financial Results and Hold a Conference Call on August 9, 2017
Jinhua, China--(Newsfile Corp. - August 4, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that it will report its second quarter 2017 financial results on Wednesday, August 9, 2017, 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, 2017. Mr. Hu Xiaoming, Chief Executive Officer of the Company, and...
2017-08-04 8:00 AM EDT
Launch of Kandi Global Hawk K17AS Marks Start of Pure Electric Car-Share Era in China
Jinhua, China--(Newsfile Corp. - August 3, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Zhejiang Geely Holding Group) is unveiling its new model "Global Hawk K17AS" at the Global New Energy Vehicle Expo Conference - Future Auto Show (the "GNEV EXPO"), currently being held at the Shanghai New International Expo Centre from August 3,...
2017-08-03 8:00 AM EDT
Three of Kandi JV's EV Models Eligible for 110% of Central Government Subsidy
Jinhua, China--(Newsfile Corp. - July 14, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that the Geely Global Hawk electric vehicle ("EV") model SMA7001BEV25 (the Kandi Model K17A), developed by Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Zhejiang Geely Holding Group), has been included as a new recommended model vehicle in the Ministry of Industry and Information Technology of the...
2017-07-14 8:30 AM EDT
Kandi Technologies Reports First Quarter 2017 Financial Results
Jinhua, China--(Newsfile Corp. - May 10, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), today announced its financial results for the first quarter of 2017.First Quarter Highlights Total revenues were $4.3 million for the first quarter of 2017, a decrease of 91.6% from total revenues of $50.7 million for the same period in 2016. Electric Vehicle ("EV") parts sales decreased by 94.2% to $2.7 million for the first quarter...
2017-05-10 7:35 AM EDT
Kandi Technologies Announces It Will Report First Quarter 2017 Financial Results and Hold a Conference Call on May 10, 2017
Jinhua, China--(Newsfile Corp. - May 5, 2017) - Kandi Technologies Group, Inc. (Nasdaq GS: KNDI) (the "Company" or "Kandi") today announced that it will report its first quarter 2017 on Wednesday, May 10, 2017, 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, 2017. Mr. Hu Xiaoming, Chief Executive Officer of the Company, and Mr. Mei Bing, Chief...
2017-05-05 8:30 AM EDT
Kandi Technologies Announces Initial Launch of RMB 730 Million Supply Chain Finance Program
Jinhua, China--(Newsfile Corp. - May 2, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Zhejiang Geely Holding Group) has for the first time obtained a RMB 730 million (approximately US$105.8 million) supply chain finance (SCF) program, to be used as capital support for the JV Company, from the National Economic and Technological...
2017-05-02 9:00 AM EDT
Kandi Technologies Announces the Receipt of Third 2015 Government Subsidy Payment for EV Sales
Jinhua, China--(Newsfile Corp. - April 24, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that the electric vehicles ("EVs") manufactured by Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Zhejiang Geely Holding Group) in 2015 have received total subsidy payments of RMB 603.5 million (approximately US$87.6 million) from the Chinese government for 2015, of which a prepayment of RMB 364.5...
2017-04-24 9:15 AM EDT
Four Additional Kandi JV EV Models Receive MIIT Recommendations
Jinhua, China--(Newsfile Corp. - April 4, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that the Geely Global Hawk electric vehicle ("EV") model SMA7000BEV05 (the Kandi Model K12), SMA7000BEV06（the Kandi Model K10D), and SMA7000BEV07（the Kandi Model K12A) developed by Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Zhejiang Geely Holding Group) have been included in the Ministry of...
2017-04-04 8:50 AM EDT
Kandi Technologies Reports Full Year 2016 Financial Results
Jinhua, China--(Newsfile Corp. - March 16, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company,” “we” or “Kandi”), today announced its financial results for the full year ended December 31, 2016. Full Year 2016 Highlights • Total revenues were $129.5 million in 2016, a decrease of 35.6% from total...
2017-03-16 7:00 AM EDT
Kandi Technologies Announces it will Report Full Year 2016 Financial Results and Hold a Conference Call on March 16, 2017
Jinhua, China--(Newsfile Corp. - March 15, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that it will report its full year 2016 on Thursday, March 16, 2017, 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 March 16, 2017. Mr. Hu Xiaoming, Chief Executive Officer of the Company, and Mr. Mei Being, Chief...
2017-03-15 8:30 AM EDT
Kandi Announces the Successful Launch of its Next Generation Advanced Drive Motor
Jinhua, China--(Newsfile Corp. - March 6, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that its wholly-owned subsidiary Yongkang Scrou Electric Co, Ltd. ("Yongkang Scrou") successfully launched its next generation advanced drive motor, the result of nearly two years of research and development work by Yongkang Scrou's technical engineering team. Yongkang Scrou's next generation drive motor achieves higher output efficiencies through...
2017-03-06 8:45 AM EST
An Additional Kandi JV EV Model Receives MIIT Recommendation
Jinhua, China--(Newsfile Corp. - March 2, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that the Geely Global Hawk electric vehicle ("EV") model SMA7001BEV25 (the Kandi Model K17) developed by Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Zhejiang Geely Holding Group) has been included in the Ministry of Industry and Information Technology of the People's Republic of China's (the "MIIT")...
2017-03-02 8:30 AM EST
Kandi JV's EV Model K11 Receives MIIT Recommendation
Jinhua, China--(Newsfile Corp. - January 26, 2017) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that the Geely Global Hawk electric vehicle ("EV") model JL7001BEV18 (the Kandi Model K11) developed by Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Zhejiang Geely Holding Group) has been included in the Ministry of Industry and Information Technology of the People's Republic of China's (the...
2017-01-26 8:30 AM EST
The Final Results of Government Subsidy Review Related to Kandi's JV Company Released
Jinhua, China--(Newsfile Corp. - December 20, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that the final results of the review of subsidy payments for electric vehicles ("EV"s) manufactured by Kandi Electric Vehicles Group Co., Ltd. (the "JV Company," a 50/50 joint venture between Kandi and Zhejiang Geely Holding Group) from 2013 to 2014 were released. The results came from the Ministry of Finance of China, the National Development and...
2016-12-20 8:45 AM EST
Kandi Technologies Reports the Receipt of RMB100 Million in Second Subsidy for R&D Expenditures for a New Model of Electric Vehicle
Jinhua, China--(Newsfile Corp. - November 29, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that its wholly-owned subsidiary Kandi Electric Vehicles (Hainan) Co. Ltd ("Kandi Hainan") has received a second subsidy payment of RMB 100 million (approximately USD 14.5 million*) from the Hainan Provincial Government. Pursuant to an agreement with the Hainan Provincial Government, Kandi Hainan will receive a total of RMB 300 million...
2016-11-29 8:30 AM EST
Kandi Announces Appointments of New Chief Strategy Officer and Chief Financial Officer
Jinhua, China--(Newsfile Corp. - November 14, 2016) - Kandi Technologies Group, Inc. (the "Company" or "Kandi") (NASDAQ GS: KNDI) today announced two new executive appointments to help support its continuing rapid growth. Kandi's board of directors has appointed Mr. Wang Cheng (Henry) as the Company's new Chief Strategy Officer and Mr. Mei Bing as the Company's Chief Financial Officer, with both appointments effective immediately. Mr. Wang, who is resigning as our Chief Financial Officer in...
2016-11-14 8:30 AM EST