Kandi Technologies Reports Third Quarter 2016 Financial Results
Jinhua, China--(Newsfile Corp. - November 9, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi") today announced its financial results for the third quarter of 2016. Third Quarter Highlights Total revenues decreased 87.4% to $6.4 million for the third quarter of 2016, compared with $50.5 million for the same period of 2015; Electric vehicle ("EV") parts sales decreased 90.4% to $4.7 million for the third quarter of 2016,...
2016-11-09 6:00 AM EST
Kandi Technologies Announces it will Report Third Quarter Financial Results and Hold a Conference Call on November 9, 2016
Jinhua, China--(Newsfile Corp. - October 28, 2016) - Kandi Technologies Group, Inc. (Nasdaq GS: KNDI) (the "Company" or "Kandi") today announced that it will report its financial results for the third quarter of 2016 on Wednesday, November 9, 2016, 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 9, 2016. Mr. Hu Xiaoming, Chief Executive Officer of...
2016-10-28 9:01 AM EDT
Kandi Receives an Initial $4 Million Payment from Shanxi Coal
Jinhua, China--(Newsfile Corp. - October 26, 2016) - 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 Geely Automobile Holdings Ltd.) has received an initial payment of RMB 27,408,000 (or approximately USD $4 million) from Shanxi Coal Asset Management Group ("Shanxi Coal"), as provided for under their previously-announced strategic cooperation...
2016-10-26 8:55 AM EDT
Kandi's JV Company Expands Sale of EVs into Shanxi Market
Jinhua, China--(Newsfile Corp. - October 20, 2016) - 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 Geely Automobile Holdings Ltd.) has signed a strategic cooperation agreement with Shanxi Coal Asset Management Group ("Shanxi Coal") to sell over 50,000 electric vehicles ("EVs") during a five-year cooperation period. The agreement was signed by...
2016-10-20 9:13 AM EDT
Kandi Starts Selling the "Global Hawk" Series EV in Qingdao City in Shandong Province
Jinhua, China--(Newsfile Corp. - September 6, 2016) - Kandi Technologies Group, Inc. (the "Company" or "Kandi") (NASDAQ GS: KNDI) today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company," a 50/50 joint venture between Kandi and Geely Automobile Holdings Ltd.) has signed a purchase and sale agreement with Qingdao TELD New Energy Co. Ltd. ("Qingdao TELD") to sell its "Global Hawk" series all-electric vehicles ("EVs") in Qingdao City, Shandong Province. The JV Company has...
2016-09-06 8:45 AM EDT
The Micro Public Transportation Program Makes the List of "Hangzhou Top 20 Best Brand Experiences" in the "G20 Top20"
Jinhua, China--(Newsfile Corp. - August 31, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that the "Micro Public Transportation Program" or "MPT Program," the program operated by Zhejiang ZuoZhongYou Electric Vehicle Service Co., Ltd, along with other programs and brand experiences such as the "Free West Lake Tour," the "Beijing-Hangzhou Grand Canal," the "Xixi National Wetland Park," the "Right-of-Way in the Crosswalk," and the "Hangzhou...
2016-08-31 8:45 AM EDT
Kandi's JV Company Reveals a First Look at the Global Hawk K21 Pure Electric Passenger Vehicle
Jinhua, China--(Newsfile Corp. - August 22, 2016) - 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 Geely Automobile Holdings Ltd.) has unveiled its new pure electric vehicle ("EV") model named the "Global Hawk K21." This new all-electric sedan is equipped with automatic braking technology, a voice control system, a infotainment system, remote...
2016-08-22 8:55 AM EDT
Kandi Technologies Reports Second Quarter 2016 Financial Results
EPSJinhua, China--(Newsfile Corp. - August 9, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi") today announced its financial results for the second quarter of 2016.Second Quarter HighlightsTotal revenues grew 15.1% to $55.2 millio
2016-08-09 7:00 AM EDT
Kandi Technologies Reports the Receipt of RMB100 Million in Initial Subsidy for R&D Expenditures for the New Model of Electric Vehicle
Jinhua, China--(Newsfile Corp. - August 8, 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 reached an agreement with the Hainan Provincial Government for Kandi Hainan to receive an RMB 300 million (approximately USD 45.1 million) subsidy to support its research and development expenditures on a new model of electric vehicle. The subsidy payment...
2016-08-08 8:30 AM EDT
Kandi Officially Releases the New "Global Hawk K17A" Model in Shanghai
Jinhua, China--(Newsfile Corp. - August 5, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that the pure electric vehicle ("EV") model "Global Hawk K17A," manufactured by Kandi Electric Vehicles Group Co., Ltd. (the "JV Company," a 50/50 joint venture between Kandi and Geely Automobile Holdings Ltd.) has been introduced to the public at the Second Global New Energy Vehicle Expo Conference (Shanghai). The Global Hawk K17A model is now...
2016-08-05 8:30 AM EDT
Kandi Technologies to Announce Second Quarter 2016 Results and Hold Conference Call on August 9
Jinhua, China--(Newsfile Corp. - July 29, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that it will report second quarter 2016 financial results on Tuesday, August 9, 2016, before the open of trading in the U.S.The Company has scheduled a conference call and live webcast to discuss the financial results at 8:00 AM (U.S. Eastern time) on August 9, 2016 (8:00 PM Beijing time on August 9, 2016). Mr. Hu Xiaoming, Chief Executive Officer and...
2016-07-29 1:00 PM EDT
Kandi's JV Company Signs Framework Sales Agreement with Pang Da for 60,000 Electric Vehicles
Jinhua, China--(Newsfile Corp. - July 25, 2016) - 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 Geely Automobile Holdings Ltd.) has signed a Framework Sales Agreement with Pang Da Automobile Trade Co., Ltd. ("Pang Da") to sell electric vehicles ("EVs") tailored for college campuses. Pang Da anticipates purchasing not less than 60,000 EVs from...
2016-07-25 9:01 AM EDT
Kandi Technologies Announces the JV Companys Plan to Sell 1,500 Electric Vehicles for Launching Micro Public Transportation Program in the Cities of Tianjin and Jiangyin
Jinhua, China--(Newsfile Corp. - July 21, 2016) - 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 Geely Automobile Holdings Ltd.) plans to sell 1,000 and 500 electric vehicles ("EVs") to the two cities in China, namely, Tianjin and Jiangyin, respectively, ZuoZhongYou (Tianjin) Electric Vehicle Service Co., Ltd. ("ZZY-Tianjin") and ZuoZhongYou...
2016-07-21 8:00 AM EDT
Kandi Technologies Expects to Exceed Q2 EV Sales Forecast
Jinhua, China--(Newsfile Corp. - July 14, 2016) - 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 Geely Automobile Holdings Ltd.) achieved strong sales results in pure electric vehicles ("EVs") in the second quarter ended June 30, 2016 and expects to exceed its previously announced sales forecast of 5,500 to 6,000 EV products by approximately...
2016-07-14 8:30 AM EDT
Kandi Technologies to Participate in Deutsche Bank's 7th Annual dbAccess Asia Conference 2016
Jinhua, China--(Newsfile Corp. - May 18, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced its participation in Deutsche Bank's 7th Annual dbAccess Asia Conference 2016 at Marina Bay Sands Resort & Casino in Singapore from Monday, May 23 to Wednesday, May 25. Mr. Hu Xiaoming, Chairman and Chief Executive Officer and Mr. Wang Cheng, Chief Financial Officer of Kandi will be available for one-on-one meetings with institutional investors...
2016-05-18 9:00 AM EDT
CORRECTION FROM SOURCE: Kandi Technologies Reports First Quarter 2016 Financial Results
Jinhua, China--(Newsfile Corp. - May 10, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), announced a correction to its press release issued on Tuesday, May 10, 2016 entitled, "Kandi Technologies Reports First Quarter 2016 Financial Results."In the press release issued at 7:00 am ET, "Amount due from JV Company, net", "Land use rights, net", "Construction in progress" were missing from Balance Sheets and "Due from related party" was missing from...
2016-05-10 2:25 PM EDT
Kandi Technologies Reports First Quarter 2016 Financial Results
Jinhua, China--(Newsfile Corp. - May 10, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company," "we" or "Kandi"), today announced its financial results for the first quarter of 2016. First Quarter Highlights Total revenues grew 15.7% to $50.7 million for the first quarter of 2016, from $43.8 million for the same period of 2015.Electric Vehicle ("EV") parts sales increased 7.5% to $46.2 million for the first quarter of 2016, compared with $43.0 million in the same period of...
2016-05-10 7:00 AM EDT
Kandi Technologies to Announce First Quarter 2016 Results and Hold Conference Call on May 10
Jinhua, China--(Newsfile Corp. - April 27, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), today announced that it will report first quarter 2016 financial results on Tuesday, May 10, 2016, before the open of trading in the U.S. The Company has scheduled a conference call and live webcast to discuss the financial results at 8:00 AM (U.S. Eastern time) on May 10, 2016 (8:00 PM Beijing time on May 10, 2016). Mr. Hu Xiaoming,...
2016-04-27 9:10 AM EDT
Kandi Technologies Reports the JV Company's EV Models Receive Tax Exemption Approval
Jinhua, China--(Newsfile Corp. - April 18, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), is pleased to announce two Geely Global Hawk brand electric vehicles ("EV") models SMA7001BEV25 and SMA7000BEV05, manufactured by Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Geely Automobile), are listed on the 7th approved Directory of New Energy Vehicles, known as Public Notice No. 54 published by China's...
2016-04-18 9:00 AM EDT
Kandi Technologies Announces Change of Independent Accounting Firm to BDO China
Jinhua, China--(Newsfile Corp. - April 13, 2016) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi"), is pleased to announce the appointment of BDO China Shu Lun Pan Certified Public Accountants LLP ("BDO China") as the Company's new independent registered public accounting firm effective April 12, 2016. The appointment of BDO China was approved by the Company's audit committee. "We would like to thank AWC (CPA) Limited for their diligent contribution as our auditor...
2016-04-13 8:30 AM EDT