|Bid||4.6800 x 2200|
|Ask||4.9300 x 1800|
|Day's Range||4.7000 - 5.0500|
|52 Week Range||3.5400 - 9.2300|
|Beta (3Y Monthly)||2.03|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 14, 2019 - Mar 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.59|
With the help of huge subsidies and favorable policies, the Chinese government seems to be determined to keep the electric vehicle revolution in the country alive.
Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that Kandi Electric Vehicles Group Co., Ltd. (the “JV Company”), a joint venture between Kandi and Geely Group, Ltd. has received a national subsidy payment of RMB 876 million (approximately USD 127.7 million) from the Chinese government for sales of new energy vehicles (“EV”), consisting of RMB 742.8 million (approximately USD 108.3 million) for pure EV sales during 2015 and 2016, and RMB 133.4 million (approximately USD 19.4 million) for partial EV sales in 2017. Kandi Technologies Group, Inc. (KNDI), headquartered in Jinhua Economic Development Zone, Zhejiang Province, is engaged in the research, development, manufacturing, and sales of various vehicular products.
President and CEO of Kandi Technologies Group Inc (NASDAQ:KNDI) Xiaoming Hu bought 122,032 shares of KNDI on 05/15/2019 at an average price of $4.75 a share.
Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that its Board of Director has approved the Company to implement a stock repurchase program to purchase up to $20 million of the Company’s common stock between a certain price range. Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi commented, “Given the fact that Kandi’s current stock price is extremely undervalued, the Company has made a decision to buy back up to $20 million worth of Kandi shares to return value to our shareholders. Kandi may repurchase shares of its common stock from time to time on the open market or in privately negotiated transactions pursuant to Rule 10b-5, Rule 10b5-1, Rule 10b-18 and other applicable legal requirements of the SEC.
Why China’s Kandi Technologies Crashed TodayKandi TechnologiesOn Friday, Chinese electric car parts maker Kandi Technologies (KNDI) stock crashed by nearly 10% after it announced its first-quarter results. In the quarter ended March 2019, the
The Jinhua, China-based company said it had a loss of 9 cents per share. The electric and all-terrain vehicle maker posted revenue of $18.1 million in the period. Kandi Tech shares have risen 40% since ...
Kandi Technologies Reports First Quarter 2019 Financial Results - Q1 revenue increased 116.8% YoY to $18.1 million- Q1 off-road vehicles sales increased 169.8% YoY to $5.3.
Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it signed a Strategic Cooperative Agreement (the “Agreement”) with Northpoint Commercial Finance LLC (“Northpoint”) on May 8th 2019, a leader in commercial finance, supplying flexible inventory financing for clients in a variety of industries. Kandi is planning on bringing several models of pure electric vehicles (“EVs”) from China to the North American market. Kandi EVs’ cutting-edge technology, trendy designs, affordable price points, and tax-advantaged benefits for USA consumers pursuant to IRS Section 30D create an exciting sales opportunity for Kandi’s new dealership network.
Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") today announced that it will report its first quarter 2019 financial results on Friday, May 10, 2019, before stock markets open in the U.S. 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 May 10, 2019. The live audio webcast of the call can also be accessed by visiting Kandi's Investor Relations page on the Company's website at http://www.kandivehicle.com.
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So shareholder...
Kandi Technologies Enters Strategic Partnership with Didi Chuxing, Worlds largest Ride Hailing Program with 31 million drivers and 550 million annual users, to initially place up to 300000 EVs with Didi Drivers in China.
JINHUA, CHINA, April 11, 2019 -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that Didi Chuxing Technology Co., (“Didi.
Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that its pure electric vehicle (“EV”) SMA7001BEV77 (“Model K23”) has been included in the Ministry of Industry and Information Technology’s (the “MIIT”) Directory of New Products (the “318th Directory”) and Recommended Models for Energy Saving and New Energy Vehicle Demonstration and Promotion (“2019’s 3rd Annual Directory of New Energy Vehicles”) in the People’s Republic of China. The new model meets the new energy vehicle promotion subsidy program and product technical requirements in the “Notice on Further Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles” issued by the Four Ministries on March 26, 2019.
China's move to scale back electric-vehicle subsidies was expected, but Kandi's drop was worse than anticipated.
Nio stock may be most vulnerable to subsidy cuts, one analyst warned. Kandi stock also plunged on news that China plans to halve subsidies.
Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that Kandi’s wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") signed an Equity Transfer Agreement (the “Transfer Agreement”) on March 21, 2019 with Geely Technologies Group Co., Ltd. (“Geely”) to transfer certain equity interests in the Kandi Electric Vehicles Group Co., Ltd ( the “JV Company”) to Geely. Given Geely’s competitive strength and recognition in the global automotive industry, this deal could help significantly accelerate the growth of the JV Company. The JV Company agrees to convert a loan of RMB 314 million (approximately USD 46.7 million*) from Geely Group last year to equity in order to increase its cash flow.
JINHUA, China, March 15, 2019 -- Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced its financial results for the full year ended.
In 2007 Xiaoming Hu was appointed CEO of Kandi Technologies Group, Inc. (NASDAQ:KNDI). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies ofRead More...
Abstract: Last September, I published an article welcoming NIO as the second US listed Pure EV Company. As an Eleven year close follower of China-based, Nasdaq listed Kandi Technologies (KNDI), China’s documented EV First Mover , I looked forward to ...
Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI) through its 100% owned subsidiary SC Autosports, LLC announced today that Kandi Pure EV Models EX3 and K22 reached another significant milestone in the American market. After both models received approval of eligibility in October 2018 for up to a $7,500.00 New Qualified Plug-in Electric Drive Motor Vehicle Credit (the “Credit”) from the Internal Revenue Service (“IRS”) for U.S. customers who purchased models EX3 and K22 in 2019, new U.S. buyers who purchase models EX3 and K22 in 2020 also qualify for the Credit according to Internal Revenue Code Section 30D. Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi commented: “We are very pleased that Kandi EV Models K22 and EX3 are qualifying for this U.S. federal tax credit again in 2020.