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

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

In Monday's pre-market session, 12 consumer discretionary stocks showed significant movement. Lucid Group, Target Hospitality, Kandi Technologies, Jiuzi Holdings, SunCar Tech Group, and Solo Brands were among the gainers, with Lucid Group leading with an 18.1% increase. Conversely, Nova Lifestyle, JOANN, Color Star Tech, Chijet Motor Co, TCTM Kids IT Education, and Lixiang Education Holding were the losers, with Nova Lifestyle experiencing an 11.2% decline.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 1:06 pm

In Thursday's after-market session, several consumer discretionary stocks showed significant movement. Mondee Holdings, Despegar.com, and Brilliant Earth Group were among the top gainers, with their stocks rising due to Q4 earnings releases. Conversely, Xcel Brands, The One Group Hospitality, and Kandi Technologies Group were among the notable losers, with declines also influenced by their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 9:33 pm

Kandi Technologies Group (KNDI) reported a Q4 EPS of $(0.06), improving from $(0.14) YoY. However, sales decreased to $28.36M from $38.41M YoY, marking a 26.16% decline.

Portfolio Pulse from Happy Mohamed

March 14, 2024 | 8:24 pm

Numerous companies are scheduled to report their earnings on March 14, 2024, covering a wide range of industries from technology to healthcare. The reports include a mix of expected quarterly earnings and losses, with key figures such as revenue and per-share earnings highlighted for each company.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 9:52 am

In Friday's pre-market session, there were notable movements in the consumer discretionary sector. Golden Sun Health (GSUN) led the gainers with a 34.0% increase, while Children's Place (PLCE) experienced the largest drop among the losers, falling 48.9%. Expedia Group (EXPE) also saw a significant decline of 15.36% following its Q4 earnings report.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 1:06 pm

In Friday's after-market session, several consumer discretionary stocks experienced movement. Kandi Technologies (KNDI), Visionary Education Tech (GV), Purple Innovation (PRPL), ContextLogic (WISH), Connexa Sports Techs (CNXA), and Golden Heaven Group Hldgs (GDHG) saw gains, while Flexsteel Industries (FLXS), Nova Lifestyle (NVFY), Barnes & Noble Education (BNED), Bowlero (BOWL), Jeffs Brands (JFBR), and SRIVARU Holding (SVMH) experienced losses.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 9:31 pm

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