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

1.40

Mkt cap

125M

Volume

218K

High

1.49

P/E Ratio

-17.87

52-wk high

2.98

Low

1.35

Div yield

N/A

52-wk low

0.89

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

Kandi Technologies Group, Inc. (NASDAQ: KNDI) has launched three new electric go-karts in the US: the Kandi Cyber 1000, Cyber 3000, and Dart 3000. These models cater to off-road enthusiasts with features like powerful electric motors and enhanced suspension systems. The new go-karts aim to provide a cleaner and more enjoyable off-road experience by eliminating the drawbacks of combustion engines.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:03 pm

Kandi Technologies (NASDAQ: KNDI) reported Q1 earnings per share of $0.01, unchanged from last year, with sales of $20.70 million, a 9.46% decrease from $22.86 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:02 am

In Monday's after-market session, several consumer discretionary stocks showed notable movements. Barnes & Noble Education, Kandi Technologies Group, Jeffs Brands, Zapp Electric Vehicles, Kirkland's, and Dogness (Intl) saw gains, while Lucid Group, ThredUp, Connexa Sports Techs, SRM Entertainment, Purple Innovation, and Golden Heaven Group Holdings experienced declines. Notably, Lucid Group and ThredUp's movements were associated with their Q1 earnings releases.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 8:31 pm

Ohio Senator Sherrod Brown has called on President Biden to implement a permanent ban on electric vehicles (EVs) produced by Chinese companies, according to a letter cited by Reuters. This move could significantly impact the competitive landscape for EVs in the U.S., potentially affecting companies involved in the EV sector, including those with ties to China as well as U.S.-based EV manufacturers.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:23 pm

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