Kandi Technologies Group Inc

Kandi Technologies Group, Inc. is a holding company, which engages in the development, production, and distribution of electric vehicle products and parts. It offers off-road vehicles including ATVs, utility vehicles, go-karts, and electric scooters. The company was founded on March 31, 2004 and is headquartered in Jinhua, China.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Kandi Technologies reports revenue growth and strategic market expansions

Kandi Technologies Group Inc's Q2 performance reflects revenue growth driven by EV sales and strategic market initiatives.
With a strong financial position and key partnerships, the company is well-positioned for future expansion and revenue diversification.
Challenges include maintaining profitability, navigating market dynamics, and optimizing operational efficiency amidst rapid growth.

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Kandi Technologies Group, Inc. engages in designing, developing, manufacturing, and commercializing electric vehicle (EV) products and EV parts. It offers off-road vehicles including all-terrain vehicles (ATVs), pure electric utility vehicles (UTVs), go-karts, electric scooters, electric self-balancing scooters and associated parts, and lithium-ion cells. The company was founded by Xiao Ming Hu in 2002 and is headquartered in Jinhua, China.

JINHUA, CHINA, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or “the Company”) (NASDAQ GS: KNDI), today announced that on August 18, 2023, its next generation all-electric crossover models, 1124 and 1124A, have officially entered mass production at the Hainan facility. These two new models, developed over a year and a half at the Hainan base, are set to be launched in the third quarter of this year.

Kandi Technologies' Next-Gen All-Electric Crossover Vehicles Enter Mass Production

Kandi Technologies Group, Inc. (NASDAQ:KNDI ) Q2 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants Kewa Luo - Investor Relations Director Xueqin Dong - Chief Executive Officer Xiaoming Hu - Chairman of the Board Alan Lim - Chief Financial Officer Conference Call Participants Frank Blatterman - Private Investor Joel Kramer - Private Investor Michael Pfeffer - Oppenheimer Arthur Porcari - Corporate Strategies Francis Forte - Private Investor Operator Greetings and welcome to Kandi Technologies Second Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Kandi Technologies Group, Inc. (KNDI) Q2 2023 Earnings Call Transcript

Strategic product transformation has borne fruitful outcomes, leading to a remarkable turnaround to profitability Strategic product transformation has borne fruitful outcomes, leading to a remarkable turnaround to profitability

Kandi Technologies Reports Second Quarter 2023 Financial Results

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Sales of electric vehicles are continuing to grow, but at a slower pace, according to Cox Automotive, which provides marketing and financing services to the auto industry.

EV Mixed Signals: Sales Are Rising, But Inventory Slower To Move

-- SC Autosports to acquire 100% ownership of Northern Group— JINHUA, CHINA, June 26, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or “the Company”) (NASDAQ GS: KNDI), today announced that on June 17, 2023, its wholly owned subsidiary SC Autosports, LLC (“SC Autosports”) entered into an Equity Transfer Agreement (the “Agreement”) to acquire Northern Group, Inc. (“Northern Group” or “NGI”) from its owner Olen Rice.  NGI assists companies in improving their sales, distribution, and promotional strategies.

Kandi Technologies' Subsidiary SC Autosports Expands Distribution with Acquisition of Northern Group

Kandi Technologies Group, Inc. (NASDAQ:KNDI ) Q1 2023 Earnings Conference Call May 10, 2023 8:00 AM ET Company Participants Kewa Luo - Director, IR Xueqin Dong - President and CEO Hu Xiao Ming - Chairman of the Board Jehn Ming Lim - CFO Conference Call Participants Unidentified Analyst - Private Investor Unidentified Analyst - Private Investor Michael Pfeffer - Oppenheimer Walter Hill - Carty & Co. Arthur Porcari - Corporate Strategies Operator Good morning and welcome to Kandi Technologies First Quarter 2023 Financial Results Conference Call. All participants will be in a listen-only mode.

Kandi Technologies Group, Inc. (KNDI) Q1 2023 Earnings Call Transcript

Kandi Technologies (NASDAQ: KNDI ) reported results for the first quarter of 2023. Kandi reported earnings per share of 1 cent.

KNDI Stock Earnings: Kandi Posts EPS of 1 Cent

JINHUA, CHINA, May 10, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the first quarter of 2023.

Kandi Technologies Reports First Quarter 2023 Financial Results

Jinhua, China, May 05, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its first quarter 2023 financial results on Wednesday, May 10, 2023, before the U.S. stock market open.

Kandi Technologies to Report First Quarter 2023 Financial Results and Hold a Conference Call on May 10, 2023

The company expects to sell 20,000 to 25,000 golf carts in the USA during 2023. This is its most profitable segment, with a gross income margin of 22.9% in 2022.

Kandi: Golf Cart Sales Could Put It In The Black For 2023 (Rating Upgrade)

We've laid out the industry's current position, what it's composed of and the headwinds it's facing that could scupper future gains.

EV Stocks: The Lowdown On The Market And How To Navigate It As An Investor

Kandi Technologies Group, Inc. (NASDAQ:KNDI ) Q4 2022 Results Conference Call March 15, 2023 8:00 AM ET Company Participants Kewa Luo - Manager-Investor Relations Xueqin Dong - CEO Hu Xiao Ming - Chairman of the Board Conference Call Participants Mike Pfeffer - Oppenheimer Arthur Porcari - Corporate Strategies Operator Hello and welcome to Kandi Technologies Full Year 2022 Financial Results Conference Call and Webcast. [Operator instructions] As a reminder this conference is being recorded.

Kandi Technologies Group, Inc. (KNDI) Q4 2022 Earnings Call Transcript

JINHUA, China, March 15, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2022.

Kandi Technologies Reports 2022 Financial Results

Jinhua, China, March 10, 2023 (GLOBE NEWSWIRE) -- Jinhua, China--(March 10, 2023) - Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its FY 2022 financial results on Wednesday, March 15, 2023, before the U.S. stock market open.

Kandi Technologies to Report FY 2022 Financial Results and Hold a Conference Call on March 15, 2023

Batteries are the single most expensive element of an EV. As they get cheaper, going electric no longer has to be a costly proposition.

Electric Vehicles Are Shattering the Barrier to Adoption that Could Matter Most

The company continues to show revenue growth in key markets. Increasing share of the Off-road vehicles segment and rising economies of scale continue to support business margins.

Kandi Technologies: On The Way To Margin Recovery

Could China-based electric vehicle (EV) manufacturer Kandi Technologies (NASDAQ: KNDI ) be a hidden gem in your portfolio for the next three years? It's worth considering, as KNDI stock is low now and has been much higher.

My Kandi (KNDI) Stock Price Prediction for 2025

--Mr. Xiaoming Hu Hands CEO Role to Dr. Xueqin Dong-- --Mr. Hu Remains Board Chair and Large Shareholder-- JINHUA, CHINA, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced the appointment of Dr. Xueqin Dong as Chief Executive Officer, effective January 10, 2023. Dr. Dong succeeds Mr. Xiaoming Hu, who resigned for the purpose of Company's long-term growth training of young management. Mr. Hu will continue to serve as Chairman of the Board of Directors.

Kandi Technologies Announces CEO Transition

JINHUA, CHINA, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that its wholly owned subsidiary SC Autosports has received a letter of intent from Coleman Powersports to purchase 4,800 crossover golf carts in the first quarter of 2023, with a total value of approximately $27.6 million.

Kandi Technologies Receives Letter of Intent from Coleman Powersports to Purchase 4,800 Crossover Golf Carts in the First Quarter 2023

JINHUA, CHINA, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that it has produced and shipped its 10,000th “crossover” electric golf cart at its production facility in Hainan, China.

Kandi Technologies Produces 10,000th Crossover Electric Golf Cart

Kandi Technologies Group, Inc. (NASDAQ:KNDI ) Q3 2022 Earnings Conference Call November 8, 2022 8:00 AM ET Company Participants Kewa Luo – Manager-Investor Relations Hu Xiao Ming – President and Chief Executive Officer Conference Call Participants Harold Gaboury – Private Investor Frank Blatterman – Private Investor Mike Pfeffer – Oppenheimer Arthur Porcari – Corporate Strategies Mark Miller – Private Investor Operator Good day and welcome to Kandi Technologies Third Quarter 2022 Financial Results Call. [Operator instructions] Please note this event is being recorded.

Kandi Technologies Group, Inc. (KNDI) Q3 2022 Earnings Call Transcript

Kandi Technologies Reports Third Quarter 2022 Financial Results

Kandi Technologies Group develops, manufactures, and commercializes electric vehicles, power electric motors, and lithium batteries among other items for the auto industry. It is worth considering that there is already a direct distributor of Kandi Technologies Group products in the United States.

Kandi Technologies: Internationalization Would Justify Higher Valuation

Kandi Tech (KNDI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

After Plunging 15.8% in 4 Weeks, Here's Why the Trend Might Reverse for Kandi Tech (KNDI)

Kandi Technologies Group, Inc. (NASDAQ:KNDI ) Q2 2022 Earnings Conference Call August 8, 2022 8:00 AM ET Company Participants Kewa Luo - Director, Investor Relations Hu Xiaoming - Chief Executive Officer Alan Lim - Chief Financial Officer Conference Call Participants Michael Pfeffer - Oppenheimer Arthur Porcari - Corporate Strategies Operator Greetings and welcome to Kandi Technologies Second Quarter 2022 Financial Results Call. At this time, all participants are in a listen-only mode.

News for Kandi Technologies Group Inc Stock (KNDI)