What kind of company is Kndi?

What kind of company is Kndi?

Kandi Technologies Group Inc
Kandi Technologies Group Inc (NASDAQ:KNDI) engages in the development, production, and distribution of the electric vehicle (EV) products. It also offers EV parts and off-road vehicle products. The company was founded on March 31, 2004 and is headquartered in Jinhua, China.

Who owns Kndi?

Top 10 Owners of Kandi Technologies Group Inc

Stockholder Stake Shares owned
Invesco Capital Management LLC 7.53% 5,823,686
D. E. Shaw & Co. LP 1.21% 933,219
SSgA Funds Management, Inc. 1.10% 853,247
Two Sigma Investments LP 0.46% 353,817

Will Kandi stock recover?

Will Kandi Technologies Group stock price grow / rise / go up? Yes. The KNDI stock price can go up from 3.330 USD to 3.609 USD in one year.

What does Kandi Technologies do?

Kandi Technologies Group, Inc. (Kandi) is a China-based company principally engaged in the development, production and distribution of the electric vehicle (EV) products, EV parts and off-road vehicle products.

What is a Kandi car?

However, Kandi is a Chinese manufacturer of EVs that hasn’t focused so much on performance, but instead they have produced an affordable and user-friendly EV. Their EV lineup isn’t huge, yet it will satisfy those that want to dive into the electric car world without breaking the bank.

Is Kandi a buy or sell?

Kandi Technologies Group has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

What does Kandi technology do?

Kandi Technologies Group, Inc. (Kandi) is a China-based company principally engaged in the development, production and distribution of the electric vehicle (EV) products, EV parts and off-road vehicle products. The Company operates its business both in the domestic market and overseas markets.

Does Kandi sell cars in China?

Kandi was founded in 2002 in Jinhua, China, and was taken public via a reverse merger in the U.S. in 2006. The company has sold relatively few cars—99% of its $136 million in revenue in 2019 was from sales of EV components, off-road vehicles, and scooters, according to its Securities and Exchange Commission filings.

Is Kandi a Chinese company?

Kandi Technologies Group, Inc. is a Chinese battery and electric vehicle manufacturer. Kandi is listed on the NASDAQ stock exchange with ticker KNDI.

Is Kandi car good?

Overall, Kyle is impressed with the Kandi K27. It’s easy on the eyes, fun to drive, and roomier than you might think. Surprisingly, it has parking sensors and a backup camera, which are still options on some luxury cars.

How many cars has Kandi sold in China?

The China Association of Automobile Manufacturers (CAAM) reported the sale of 16,376 Kandi EVs in 2015. The government has set expectations high for the growth of the electric car market. The plan is to have five million electric and hybrid vehicles on the roads in China by 2020.

What are Q stocks?

Chapter 11 “Q” Stock A “Q” is added to the end of the corporation’s stock ticker symbol to indicate the company is in bankruptcy proceedings. Current stockholders might either attempt to sell their shares in the secondary markets, or ride the storm out, hoping the company and its related stock regain profitability.

Is Kandi Technologies Group Inc (KNDI) entering into retail financing?

Electric vehicle manufacturer Kandi Technologies Group Inc (NASDAQ: KNDI) has signed an agreement with Synchrony Financial (NYSE: SYF), a consumer financial services company, to provide retail financing options.

What happened to Kandi Technologies Group in March?

What happened Shares of Kandi Technologies Group (NASDAQ: KNDI) dipped 11.7% in March, according to data from S&P Global Market Intelligence. The Chinese electric vehicle (EV) company announced new product lines in the month, but it sold off in conjunction with a broader pullback of valuations for companies in the EV space.

How did $KNDI’s revenue grow in Q2?

KNDI Q2 revenue growth of 54.1%, beating the analyst consensus of $20.80 million. $KNDI Synchrony Financial to provide retail financing on its electric vehicles.

What is the Kandi Technologies Group’s ISS governance score?

Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People’s Republic of China. Kandi Technologies Group, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

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