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KN
Kandi Technologies Group, Inc. Ordinary Shares
KNDI
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$37.8M
Volume
83.33K
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KN
KNDI
KN
Kandi Technologies Group, Inc. Ordinary Shares
KNDI
News
·
Kandi Technologies Subsidiary Secures Order to Equip 18 CATL Heavy-Truck Battery Swap Stations
Mkt Cap
$37.9M
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83.33K
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Kandi Technologies Subsidiary Secures Order to Equip 18 CATL Heavy-Truck Battery Swap Stations
Kandi Technologies' subsidiary China Battery Exchange secured an 18-station equipment procurement order from QIJI Energy (CATL's heavy-truck battery swap brand), marking the first batch commercial deployment under their January 2026 strategic cooperation agreement. This order represents a transition from pilot phase to active commercial operations and is part of CATL's broader 'Ten Thousand Station Plan' targeting approximately 900 stations by end of 2026.
GlobeNewswire Inc. · Jul 20, 2026
Kandi Technologies’ Subsidiary Xinchu New Energy Named Authorized Distributor of Schneider Electric
Kandi Technologies announced that Hangzhou Xinchu New Energy Technology Co., Ltd., in which Kandi is acquiring a 51% stake, has been designated as an authorized distributor for Schneider Electric's UPS systems, cooling infrastructure, and data center solutions for 2026. This partnership enables Xinchu to combine Schneider Electric's backup power products with its proprietary energy storage and battery management technologies to offer integrated solutions for AI data centers and telecommunications infrastructure.
GlobeNewswire Inc. · Jul 1, 2026
Kandi Technologies Accelerates Global Expansion
Kandi Technologies has expanded its off-road vehicle business to 35 countries and regions, with strong momentum in North America and rapid growth across Africa, Southeast Asia, Latin America, and the Middle East. The company is shifting from a volume-driven to a dual-track strategy focusing on order expansion and brand localization, establishing anchor markets in South Africa and pursuing distribution partnerships in emerging markets.
GlobeNewswire Inc. · Jun 22, 2026
Kandi Technologies Releases CEO Letter to Shareholders
Kandi Technologies announced its 2026-2030 strategic development framework, transitioning from a single-product manufacturer to a technology-driven platform company. The company reported improved financial metrics for 2025 with gross margin expanding to 42.6% and $211.9M in cash. The dual-engine growth strategy focuses on off-road electric vehicles in North America and emerging businesses in battery swapping equipment and intelligent robotics, supported by a resilient global supply chain.
GlobeNewswire Inc. · Apr 29, 2026
Kandi Technologies Gross Margin Soars
Kandi Technologies reported a 39.3% revenue decline in H1 2025, but improved gross margin to 45.2% through strategic channel realignment and cost controls. The company is expanding into intelligent equipment and battery swapping technologies, securing partnerships with Deep Robotics and CATL.
The Motley Fool · Aug 19, 2025
Kandi Secures First CATL Order for Heavy-truck Battery Swap Station Equipment, Advancing ‘Ten Thousand Station Plan’
Kandi Technologies' subsidiary China Battery Exchange secured its first major order from CATL for heavy-truck battery swap station equipment, supporting CATL's 'Ten Thousand Station Plan' with a target of 500 stations in 2025 and over 10,000 stations long-term.
GlobeNewswire Inc. · Aug 18, 2025
CBAK Energy to Participate in Shenzhen International Battery Technology Conference & Expo on Tuesday, May 15, 2025
CBAK Energy, a leading lithium-ion battery manufacturer in China, announced its participation in the upcoming Shenzhen International Battery Technology Conference & Expo from May 15-17, 2025. The company's sales team and R&D department will be attending the event.
GlobeNewswire Inc. · May 6, 2025
Kandi Technologies Reports Third Quarter 2024 Financial Results
Kandi Technologies Group, Inc. reported a decline in Q3 2024 revenues, primarily due to changes in the sales model for its off-road vehicles. However, the company has a strong financial position with $260 million in liquidity and is implementing a comprehensive growth plan for 2025-2029 to drive innovation and expand its market presence.
GlobeNewswire Inc. · Nov 18, 2024
Kandi Technologies Group Expands UTV Portfolio with Innovator e10K
JINHUA, CHINA, June 27, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leader in all-electric personal transportation and utility vehicles, announced the expansion of its UTV portfolio with the launch of the Innovator e10K. This new electric UTV combines strong performance with an eco-friendly design, ideal for eco-conscious adventurers seeking a powerful and precise off-road experience.
GlobeNewswire Inc. · Jun 27, 2024
Kandi Launches Ultra-High Capacity AA Battery in the U.S.
Revolutionizing Power Solutions with Exceptional Longevity, Efficiency, and Compatibility
GlobeNewswire Inc. · Jun 20, 2024
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