Kandi Technologies Group Inc

NASDAQ: KNDI
$2.69
+$0.08 (+3.1%)
Closing price April 25, 2024
Kandi Technologies Group Inc, based in Jinhua, China, is a pioneer in the electric vehicle (EV) industry. Founded in 2002, the company specializes in designing, developing, manufacturing, and marketing a wide range of EV products and parts. Their diverse product lineup includes not only electric cars but also off-road vehicles like all-terrain vehicles, utility vehicles, go-karts, and electric scooters. Additionally, Kandi provides essential EV parts such as battery packs, body parts, and air conditioning units, catering to both domestic and international markets.
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Everyone knows about Tesla's soaring stock price during 2020. The company has continued its run through the first few trading days of 2021 as have the stocks of a number of other EV makers.
Kandi Technologies shares have been making moves over the past month, and now seems like as good a time as any for the EV maker to capitalize on the gains.
Chinese carmaker Kandi has dropped about 30% of its value in the last day and a half. A private placement of $60 million in common stock gets most of the blame.
Kandi Tech shares jumped on Wednesday on news that the company received an update from the EPA.
Chinese automaker Kandi announced a low-priced electric vehicle in the United States on Wednesday. The car will be available at dealers later this year following its August launch.
Kandi Technologies is officially throwing its hat in the electric vehicle ring after it received approval from the U.S. National Highway Traffic Safety Administration for two models.
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Kandi Technologies Group is not the best known company to U.S. investors, but those who do know it were smiling on Monday on news that it sold 4,114 Kandi brand electric vehicles during second...
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About all that Kandi Technologies has in common with that other electric car maker -- Tesla Motors -- is that both companies use lithium ion batteries and both have seen their stock prices soar in...
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