Streetbeat News

KNDI

Kandi Technologies Group, Inc.

https://www.kandivehicle.com

Industry

Auto - Parts

Kandi Technologies Group, Inc. designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts, and off-road vehicles in the People's Republic of China and internationally. It offers off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and EV parts comprising battery packs, body parts, EV controllers, air conditioning units, and other auto parts. The company was formerly known as Kandi Technologies, Corp. and changed its name to Kandi Technologies Group, Inc. in December 2012. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People's Republic of China.

Open

1.30

Mkt cap

120M

Volume

92K

High

1.40

P/E Ratio

-34.25

52-wk high

3.33

Low

1.30

Div yield

N/A

52-wk low

1.25

In Tuesday's pre-market session, several consumer discretionary stocks experienced significant movements. Digital Brands Group saw a remarkable increase of 112.8%, while Qurate Retail faced a substantial decline of 44.1%. Other notable gainers included MEDIROM Healthcare Techs and Dick's Sporting Goods, whereas JD.com and Vision Marine were among the losers.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 12:08 pm

Kandi Technologies has approved new initiatives and a growth plan for 2025-2029 under new management. This strategic move aims to enhance the company's future growth prospects.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 1:03 pm

Kandi Technologies announced that Chairman Xiaoming Hu is stepping down after decades of service. He will remain on the board as a director to support the company's strategic transition aimed at long-term growth and enhancing shareholder value.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 1:01 pm

In Monday's after-market session, several consumer discretionary stocks experienced significant movements. Ambow Education Holding (AMEX:AMBO) led the gainers with a 29.4% increase, while Digital Brands Group (NASDAQ:DBGI) saw the largest decline, falling 25.1%.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 8:31 pm

Kandi Technologies has announced that its products are now available on the Academy Sports + Outdoors online store. This move could potentially increase Kandi's market reach and sales.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:03 pm

Kandi Technologies Group reported Q2 earnings per share (EPS) of $0.02, down from $0.06 year-over-year (YoY). However, sales increased to $39.15 million from $35.95 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:02 am

Kandi Technologies has entered a partnership with Hartford Industrial to enhance electric vehicle production. The agreement leverages advanced capabilities in Asia and aims to expand market reach in the U.S.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:15 pm

Kandi Technologies Group, Inc. (NASDAQ: KNDI) has announced the successful trial production and shipment of its first batch of 10K fully electric UTVs from Taiwan to the U.S. This move aims to enhance product quality and market competitiveness.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:08 pm

Kandi Technologies has launched the Innovator e10K Electric UTV, which features dual AC motors, an 11.52 kWh lithium battery, and a J1772 charging port. The vehicle offers a 40 MPH speed, a 60-mile range, and a 2,500 lbs towing capacity, along with advanced safety and comfort features.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 12:21 pm

Kandi Technologies has launched a new AA battery in the U.S., which offers reliable, long-lasting power with quick charging and wide device compatibility.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 12:10 pm

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