Articles from Kandi Technologies Group, Inc.

JINHUA, CHINA, May 01, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leader in all-electric personal transportation and utility vehicles, today announced that its manufacturing facility in Garland, Texas has officially commenced operations. The first electric golf cart assembled in the U.S. has come off the production line, representing a major milestone in Kandi’s “Made in North America” initiative and a key advancement in the Company’s U.S. expansion strategy.

Jinhua, China, April 22, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its FY 2024 financial results on Monday, April 28, 2025. 

- Partnership establishes two production facilities in the U.S. in phases to serve growing off-road vehicle demand and align with clean energy incentives under the U.S. IRA

JINHUA, CHINA, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leader in all-electric personal transportation and utility vehicles, today announced that its Hainan facility has been certified as a National Green Factory by China’s Ministry of Industry and Information Technology for 2024. This prestigious recognition comes with a government award of RMB 2 million (approximately US$ 0.27 million), highlighting Kandi’s significant contributions to sustainable manufacturing and progress toward carbon neutrality.

JINHUA, CHINA, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading producer of all-electric personal transportation and utility vehicles, today announced that, following a thorough review and decision by its management team, Mr. Bin Yu has been appointed Chief Executive Officer (CEO) of SC Autosports (d/b/a Kandi America), the Company’s U.S. subsidiary. This move is part of Kandi’s strategic efforts to advance high-quality development initiatives.

Jinhua, China, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its third quarter 2024 financial results on Monday, November 18, 2024. 

Jinhua, China, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ: KNDI) (“Kandi” or the “Company”), a leader in all-electric personal transportation and utility vehicles, today announced that on October 6, 2024, its Board of Directors approved several significant corporate decisions. During this meeting, the Board accepted the resignation of Mr. Xiaoming Hu as Chairman of the Board and appointed Dr. Xueqin Dong as his successor. Additionally, Dr. Dong stepped down as CEO, and Mr. Feng Chen has been appointed as the new CEO.

JINHUA, CHINA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading producer of all-electric personal transportation and utility vehicles, today announced key changes to its Board of Directors and executive leadership, effective October 6, 2024, marking a strategic transition that underscores the Company’s commitment to long-term growth, operational resilience, and sustainable value for shareholders.

JINHUA, CHINA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading producer of all-electric personal transportation and utility vehicles, today introduced the official availability of its products on Academy Sports + Outdoors’ online store. This partnership provides a broader audience access to Kandi’s lineup of innovative vehicles, offering enhanced accessibility and convenience for outdoor enthusiasts across the country. Academy Sports + Outdoors is one of the largest and most popular sporting goods retailers in the U.S., known for its wide range of products that cater to active lifestyles.

Jinhua, China, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its second quarter 2024 financial results on Friday, August 16, 2024.

JINHUA, CHINA, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leader in all-electric personal transportation and utility vehicles, today announced that it has entered into a formal Partnership Agreement (the "Agreement") with Hartford Industrial Co., Ltd. ("Hartford Industrial"), a prominent company specializing in the development and manufacturing of recreational vehicles. The Agreement, signed on August 6, 2024, aims to leverage advanced industrial capabilities and a robust supply network in Asia, and access to a broad consumer market in the U.S. Through this partnership, Kandi and Hartford Industrial will combine their resources, complement each other's strengths, promote technological exchange, and further enhance product quality to improve competitiveness.

JINHUA, CHINA, July 22, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leader in all-electric personal transportation and utility vehicles, today announced that the first batch of its 10K fully electric UTVs, manufactured by its Taiwanese partner Hartford Industrial Co., Ltd. (“Hartford Industrial”), has successfully completed trial production. These vehicles are now packed and ready for delivery to the United States. This marks a significant milestone as Kandi extends its manufacturing operations to Taiwan, aiming to enhance product quality and increase market competitiveness.

JINHUA, CHINA, July 08, 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 a strategic cooperation framework agreement (“Agreement”) among Kandi, SC Autosports (“Kandi America”), the wholly-owned subsidiary of Kandi in the United States, and Hartford Industrial Co., Ltd. (“Hartford Industrial”), a respected Taiwanese company specializing in the research, development, and manufacturing of recreational motorcycles. The collaboration aims to leverage the strengths of all the parties to enhance product quality and increase market competitiveness.

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.

Revolutionizing Power Solutions with Exceptional Longevity, Efficiency, and Compatibility

JINHUA, CHINA, June 12, 2024 (GLOBE NEWSWIRE) --  Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading producer of all-electric personal transportation and utility vehicles, today announced the launch of three new electric go-karts through its wholly-owned subsidiary, Kandi America. These models — the Kandi Cyber 1000, Cyber 3000, and Dart 3000 — offer a range of features tailored for off-road enthusiasts, including powerful electric motors, enhanced suspension systems, and robust chassis designs. The Cyber 1000 provides an affordable and compact option for entry-level users, while the Cyber 3000 and Dart 3000 deliver increased power and performance with a 3,000W motor and advanced handling capabilities. Priced competitively, these eco-friendly go-karts eliminate the drawbacks of combustion engines, such as noise, fumes, and maintenance, ensuring a cleaner and more enjoyable off-road experience.

JINHUA, CHINA, June 04, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading distributor of all-electric personal transportation and utility vehicles, today announced the launch of its newly developed 10K high-clearance, fully electric UTV, a sophisticated upgrade designed to elevate the off-road experience. This innovative model builds upon the chassis of the acclaimed 10K model, integrating an extended swing arm and a widened wheelbase for unmatched stability in a variety of settings. The vehicle features extended airbag shock absorbers, which significantly raise the ground clearance and greatly enhance its traversability, whether navigating potholed roads or traversing wet, muddy landscapes.

JINHUA, CHINA, May 28, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading distributor of all-electric personal transportation and utility vehicles, today announced that from May 16 - 19, its latest models of golf carts, medical service vehicles, and specialized utility vehicles made a splendid debut at the Thailand Golf & Dive Expo plus Outdoor Fest 2024. The first batch of Kandi golf carts has begun large-scale distribution in the Thai market.

JINHUA, CHINA, May 21, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading distributor of all-electric personal transportation and utility vehicles, today announced the certification of its 10K all-electric UTV model by the European Economic Community (EEC). This achievement confirms that the product meets the European Union's high standards for safety, quality, and performance, preparing it for its market debut within the EU.

Solid Start to the Year with Net Income of $0.8 million, up 27.6% YoY

Jinhua, China, May 13, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its first quarter 2024 financial results on Thursday, May 16, 2024.

Jinhua, China, April 16, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading distributor of all-electric personal transportation and utility vehicles, today announced that the reincorporation merger to redomicile the Company as a British Virgin Islands company (the “Merger”) has been completed on April 16, 2024.

Jinhua, China, March 11, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its FY 2023 financial results on Thursday, March 14, 2024.

JINHUA, CHINA, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or “the Company”) (NASDAQ GS: KNDI), today announced that its Board of Director has authorized a stock repurchase program (the “repurchase program”) to purchase up to $30 million of the Company’s common stock. The repurchase program is expected to be completed by the end of 2024, with progress updates disclosed in its quarterly reports on Form 10-Q and its annual reports on Form 10-K covering the periods during which such repurchases take place.

JINHUA, CHINA, Nov. 15, 2023 (GLOBE NEWSWIRE) -- JINHUA, CHINA-- (November 15, 2023) - Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that its first batch of 500 all-electric mini golf carts has arrived in the United States and will be gradually released in the market starting this month. Designed by American professionals, the carts were meticulously developed and manufactured by Kandi. Among other features, these models boast electric telescopic functionality, enhancing convenience for travel and portability. These golf carts are not only compact, versatile, and practical but also showcase a distinctive exterior design, all offered at a reasonable price. Kandi is confident that the electric mini golf carts will be favored by consumers and become another popular product of the Company.

JINHUA, CHINA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that its wholly owned subsidiary SC Autosports, LLC (“SC Autosports” or “Kandi America”) has strategically partnered with Peavey Mart, a leading farm and ranch retailer with over 270 locations across Canada. Peavey Mart goes to market under both the ACE Hardware Canada and Tractor Supply brands.

Jinhua, China, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its third quarter 2023 financial results on Wednesday, November 8, 2023, before the U.S. stock market open.

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.

Jinhua, China, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its second quarter 2023 financial results on Tuesday, August 8, 2023, before the U.S. stock market open. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on Tuesday, August 8, 2023. Management will deliver prepared remarks to be followed by a question and answer session. The dial-in details for the conference call are as follows:

-- SC Autosports to acquire 100% ownership of Northern Group—

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.

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.

--Mr. Xiaoming Hu Hands CEO Role to Dr. Xueqin Dong----Mr. Hu Remains Board Chair and Large Shareholder--

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.

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.

Jinhua, China, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its third quarter 2022 financial results on Tuesday, November 8, 2022, before the U.S. stock market open.