Kandi Technologies

In February 2013, Kandi Technologies and Shanghai Maple, a subsidiary of {{Proper name|Geely}}, announced the formation of a joint venture, Zhejiang Kandi Electric Vehicles Investment Co. Ltd., with equal ownership and an initial registered capital of 1 billion yuan (US$160 million).{{cite news|url=http://www.chinapost.com.tw/business/global-markets/2013/02/06/369773/Geely-subsidiary.htm|title=Geely subsidiary signs joint EV venture deal|access-date=17 February 2013|publisher=The China Post|date=6 February 2013|archive-date=25 December 2013|archive-url=https://web.archive.org/web/20131225065929/http://www.chinapost.com.tw/business/global-markets/2013/02/06/369773/Geely-subsidiary.htm|url-status=live}} It focused on research, development, production, marketing, and sales of electric vehicles in mainland China. The agreement was officially signed on March 22, 2013.{{cite news|url=https://www.reuters.com/finance/stocks/KNDI.O/key-developments/article/2720181|title=Kandi Technologies Corp's Zhejiang Kandi Vehicles Co Ltd Enters Into Joint Venture Agreement With Geely Automobile Holdings Ltd's Guorun Automobile Co Ltd|access-date=1 April 2013|publisher=Reuters|date=25 March 2013|archive-date=25 March 2013|archive-url=https://web.archive.org/web/20130325215111/http://www.reuters.com/finance/stocks/KNDI.O/key-developments/article/2720181|url-status=live}}

Chairman of {{Proper name|Geely}}Auto, Li Shufu served as the joint venture's first Chairman, while Hu Xiaoming, Chairman and CEO of Kandi, was appointed General Manager.{{cite news|url=http://en.kandivehicle.com/NewsDetail.aspx?newsid=95|archive-url=https://archive.today/20131224120944/http://en.kandivehicle.com/NewsDetail.aspx?newsid=95|url-status=dead|archive-date=December 24, 2013|title=Kandi Technologies Reports the Kandi Brand JL7001BEV Four-Passenger Pure Electric Sedan Vehicle to be Delivered for Public EV Sharing System in Hangzhou|publisher=Kandi Technologies Group}}

In 2016, Geely Auto sold its stake in the joint venture to Geely Holding Group, which Li Shufu controls.{{Cite web|url=http://www.aimpact.com/article/eng/Geely-Auto-00175-sells-JVs-to-Geely-Holding-0376244850|title=Geely Auto (00175) sells JVs to Geely Holding|date=July 26, 2016|website=AIMPACT 鋒投|access-date=March 25, 2019|archive-date=March 25, 2019|archive-url=https://web.archive.org/web/20190325013255/http://www.aimpact.com/article/eng/Geely-Auto-00175-sells-JVs-to-Geely-Holding-0376244850|url-status=live}}{{Cite web|url=http://www.youngchinabiz.com/en/new-energy-geely-dumps-evs-byd-wins-back-shenzhen/|title=New Energy: Geely Dumps EVs, BYD Wins Back Shenzhen|date=July 28, 2016|website=Business China: news for investors in China|access-date=March 25, 2019|archive-date=March 25, 2019|archive-url=https://web.archive.org/web/20190325013252/http://www.youngchinabiz.com/en/new-energy-geely-dumps-evs-byd-wins-back-shenzhen/|url-status=live}}

Kandi has also partnered with Geely to sell electric vehicles under the Gleagle brand.{{cite news|url=http://www.gleagleev.com/index.php/introduce#k1|title=Kandi teams up with Geely Group for the Global Eagle Brand|date=2018-03-30|access-date=2018-03-30|archive-date=2018-04-03|archive-url=https://web.archive.org/web/20180403234730/http://www.gleagleev.com/index.php/introduce#k1|url-status=live}} The partnership resulted in the development of the EX3 model, with Geely providing design input and Kandi handling manufacturing.{{Cite web|date=February 25, 2025|access-date=April 1, 2025|title=Kandi Technologies Group |url=https://businessabc.net/wiki/kandi-technologies-group |work=Business ABC}}

In July 2012, Kandi Technologies signed a cooperation agreement with the city of Hangzhou to supply 20,000 electric vehicles for the city's pilot electric vehicle leasing program.{{cite news|url=https://www.forbes.com/sites/tomkonrad/2012/07/11/kandi-technologies-bags-largest-single-electric-vehicle-order-ever/|title=Kandi Technologies Bags Largest Single Electric Vehicle Order Ever|access-date=30 March 2013|work=Forbes|date=11 July 2012|archive-date=17 January 2013|archive-url=https://web.archive.org/web/20130117085126/http://www.forbes.com/sites/tomkonrad/2012/07/11/kandi-technologies-bags-largest-single-electric-vehicle-order-ever/|url-status=live}}

In 2013, Kandi announced Kandi EV Car Share, a carsharing program in the city of Hangzhou.{{Cite magazine|last=Lavrinc|first=Damon|date=January 24, 2014|access-date=April 1, 2025|title=This Massive Vending Machine Serves Up Cars |url=https://www.wired.com/2014/01/electric-car-vending-machine/ |magazine=Wired}} The system operated only with Kandi EV all-electric cars, which are available to customers via an automated parking system dubbed a "car vending machine". Leases include insurance, maintenance, and electric power through swapping batteries at the program garages. Kandi planned to make 100,000 cars available to Hangzhou residents over two years.{{cite news |author=Mark Rogowsky |date=2013-12-28 |title=Kandi Crush: An Electric-Car Vending Machine From China Could Upend The Auto Industry |url=https://www.forbes.com/sites/markrogowsky/2013/12/28/kandi-crush-an-electric-car-vending-machine-from-china-could-upend-the-auto-industry/ |url-status=live |archive-url=https://web.archive.org/web/20140808052639/http://www.forbes.com/sites/markrogowsky/2013/12/28/kandi-crush-an-electric-car-vending-machine-from-china-could-upend-the-auto-industry/ |archive-date=2014-08-08 |access-date=2014-08-02 |work=Forbes}}

The Kandi public EV Car Share concept is based on Hangzhou's bike share, the largest in the world and the first of its kind in China according to Guinness World Records.{{Cite web |date=September 1, 2016 |title=The Largest bicycle share program (number of bicycles) |url=https://www.guinnessworldrecords.com/world-records/115049-largest-bicycle-share-program-number-of-bicycles |access-date=2025-04-07 |website=Guinnes World Records}} The bike-share has since spread from Hangzhou to 19 Chinese cities including Shanghai and Beijing. According to Forbes, as of July 11, 2012, Kandi had delivered more than 40,000 electric vehicles through its car-sharing program, which was described as the largest of its kind globally at the time.{{Cite web |last=Konrad |first=Tom |title=Kandi Technologies Bags Largest Single Electric Vehicle Order Ever |url=https://www.forbes.com/sites/tomkonrad/2012/07/11/kandi-technologies-bags-largest-single-electric-vehicle-order-ever/ |access-date=2025-01-16 |website=Forbes |language=en}}

Kandi initially planned to develop a network of up to 750 garages in collaboration with Geely Auto through a 50-50 joint venture. The program was intended to expand to cities such as Shanghai, Shandong, and Hainan. However, only a few garages were completed, and the project reportedly shifted toward horizontal street parking kiosks due to urban development challenges.

In 2019, Kandi signed a non-binding agreement to act as the electric vehicle supplier for ride-sharing platform Cao Cao Zhuan Che.{{Cite web |title=Kandi JV Company Signs a Cooperation Agreement with Youxing Technology to Provide 20,000 Electric Vehicles Within 3 Years for "Cao Cao Zhuan Che" Ride-sharing Platform |url=https://finance.yahoo.com/news/kandi-jv-company-signs-cooperation-133200262.html |url-status=live |archive-url=https://web.archive.org/web/20190130053207/https://finance.yahoo.com/news/kandi-jv-company-signs-cooperation-133200262.html |archive-date=2019-01-30 |access-date=2019-01-29 |website=finance.yahoo.com}} In 2020, Kandi, together with Zhejiang Ruibo New Energy Vehicle Service Company Ltd. and Jiangsu Jinpeng Group Ltd., founded the ridesharing company Zhejiang Ruiheng Technology Company (aka "Ruiheng").{{Cite web |date=2020-10-26 |title=Kandi Announces Establishment of Rideshare Company |url=https://apnews.com/article/business-technology-products-and-services-government-regulations-automobile-parts-manufacturing-45a4ff084030c66ce22c298087685fa7 |access-date=2024-11-13 |website=AP News |language=en-US}}

In 2019, the company announced plans to expand its business to the United States,{{cite news |title=Chinese Electric Car Manufacturer Set to Crack US Market |url=https://www.ttnews.com/articles/chinese-electric-car-manufacturer-set-crack-us-market |access-date=20 November 2024 |publisher=Transport Topics |date=17 January 2019}} as the U.S. National Highway Traffic Safety Administration approved its Model EX3 and Model K22 cars to be exported into the United States.{{Cite web|last=Zart|first=Nicolas|date=February 22, 2019|access-date=April 1, 2025|title=US Approves Chinese Electric Cars Imported From Kandi — Price For One Supposed To Be Below $20,000 |url=https://cleantechnica.com/2019/02/22/us-approves-chinese-electric-cars-imported-from-kandi/ |work=CleanTechnica}}

The company shipped 50–100 EVs to the United States in late May and early June 2019.

In July 2020, Kandi announced that it would be starting sales in Summer 2020 in Dallas-Fort Worth, Texas. Additionally, it released details on the first two cars to hit the market: the Kandi K27 and K23 models.

In July 2024, Kandi America announced that it had partnered with Lowe's to sell a limited-edition set of 32 golf carts with designs featuring NFL teams, to be sold exclusively at Lowe's stores in the U.S.{{Cite web |title=Kandi America Launches Official NFL Team Golf Carts |url=https://www.kandiamerica.com/nfl-team-golf-carts-launch/ |access-date=February 11, 2025 |website=Kandi America|date=26 July 2024 }}

On December 2, 2024, Kandi appointed Bin Yu as the new Chief Executive Officer of SC Autosports, its wholly-owned subsidiary in the United States.{{Cite web |date=2024-12-02 |title=Kandi Technologies Appoints New CEO for SC Autosports |url=https://www.manilatimes.net/2024/12/02/tmt-newswire/globenewswire/kandi-technologies-appoints-new-ceo-for-sc-autosports/2014331 |access-date=2024-12-12 |website=The Manila Times |language=en}}

In 2023, Kandi reported a net revenue of $123.6 million, marking its highest revenue in three years, with a net profit of $1.7 million, following a net loss of $12.9 million in 2022, despite a 28.8% increase and $117.8 million in revenue.{{Cite web |title=Investor Relations-Kandi Technologies Reports 2022 Financial Results |url=http://ir.kandigroup.com/newsinfo?id=3069 |access-date=2025-03-13 |website=ir.kandigroup.com}}

The company expanded its product line in North America to include electric utility terrain vehicles (UTVs) and mini golf carts.{{Cite web |last=StockTitan |date=2020-09-30 |title=KNDI - Kandi Technologies Group, Inc. Ordinary Shares Latest Stock News & Market Updates |url=https://www.stocktitan.net/news/KNDI/page-10.html |access-date=2025-02-03 |website=www.stocktitan.net |language=en}}

In November 2020, Hindenburg Research, a short-selling investment firm, released a report accusing Kandi of faking at least 55% of its sales.{{cite web | url = https://hindenburgresearch.com/kandi/ | title = Kandi: How This China-Based NASDAQ-Listed Company Used Fake Sales, EV Hype to Nab $160 Million From U.S. Investors | publisher = Hindenburg Research | date = 2020-11-30 | archive-url = https://web.archive.org/web/20201231073233/https://hindenburgresearch.com/kandi/ | archive-date = 2020-12-31 }}

On the 7th of December, Kandi's chairman released a response addressing Hindenburg's short seller report.https://www.globenewswire.com/news-release/2020/12/07/2140665/0/en/Kandi-Technologies-Issues-Chairman-s-Letter-to-Shareholders.html {{Webarchive|url=https://web.archive.org/web/20201210203701/https://www.globenewswire.com/news-release/2020/12/07/2140665/0/en/Kandi-Technologies-Issues-Chairman-s-Letter-to-Shareholders.html |date=2020-12-10 }} Kandi Technologies Issues Chairman’s Letter to Shareholders Kandi responded to the report with a statement claiming that, "Kandi believes that the report contains numerous errors, misstatements of historical facts, inaccurate conclusions, and superfluous opinions."https://www.globenewswire.com/news-release/2020/12/01/2137311/0/en/Kandi-Responds-to-Inaccurate-Short-Report.html {{Webarchive|url=https://web.archive.org/web/20201201125828/https://www.globenewswire.com/news-release/2020/12/01/2137311/0/en/Kandi-Responds-to-Inaccurate-Short-Report.html |date=2020-12-01 }} Kandi Responds to Inaccurate Short Report

In December 2017, Kandi acquired the battery technology company Jinhua An Kao.{{Cite press release |title=Kandi Vehicles to Acquire Jinhua An Kao Power Technology Co., Ltd. |date=December 18, 2017 |publisher=Kandi Technologies Group, Inc. |url=http://www.globenewswire.com/news-release/2017/12/18/1263448/0/en/Kandi-Vehicles-to-Acquire-Jinhua-An-Kao-Power-Technology-Co-Ltd.html |via=GlobeNewswire News Room |archive-url=https://web.archive.org/web/20211113132126/https://www.globenewswire.com/news-release/2017/12/18/1263448/0/en/Kandi-Vehicles-to-Acquire-Jinhua-An-Kao-Power-Technology-Co-Ltd.html |archive-date=2021-11-13}}

In 2018, Kandi transitioned into longer-range electric vehicles with the K23 and EX3 models,{{cite news|url=http://www.gleagleev.com/index.php/news/show/3/87|title=GL Eagle EX3 Product Launch|publisher=Kandi Technologies Group and Geely Auto|access-date=2018-05-11|archive-date=2018-05-11|archive-url=https://web.archive.org/web/20180511215725/http://www.gleagleev.com/index.php/news/show/3/87|url-status=live}} claiming that its SUV crossover hybrids have more storage capacity than its other offerings.{{Citation needed|date=March 2025}}

Kandi acquired Sportsman Country LLC for $10 million in June 2018,{{cite news|url=https://finance.yahoo.com/news/kandi-technologies-acquires-sportsman-country-123300974.html|title=Kandi Technologies Acquires Sportsman Country, LLC|publisher=Yahoo|access-date=2018-06-05|archive-date=2018-06-12|archive-url=https://web.archive.org/web/20180612142037/https://finance.yahoo.com/news/kandi-technologies-acquires-sportsman-country-123300974.html|url-status=live}} which will facilitate the dealer relationships for Kandi's EX3 electric vehicles.

Jiangsu’s Development and Reform Commission approved Kandi with one of three EV manufacturing licenses.{{Cite web|url=https://finance.yahoo.com/news/kandi-pure-electric-vehicle-project-133700081.html|title=Kandi Pure Electric Vehicle Project Received Approval|website=finance.yahoo.com|access-date=2019-01-09|archive-date=2019-01-10|archive-url=https://web.archive.org/web/20190110014313/https://finance.yahoo.com/news/kandi-pure-electric-vehicle-project-133700081.html|url-status=live}} EVs qualify for subsidies offered by China's central and local governments, on an average of $10,000 per vehicle.{{Cite journal |last1=Wang |first1=Yunshi |last2=Sperling |first2=Daniel |last3=Tal |first3=Gil |last4=Fang |first4=Haifeng |date=2017-03-01 |title=China's electric car surge |url=https://www.sciencedirect.com/science/article/abs/pii/S030142151630698X |journal=Energy Policy |volume=102 |pages=486–490 |doi=10.1016/j.enpol.2016.12.034 |bibcode=2017EnPol.102..486W |issn=0301-4215}} EVs are waived from Chinese megacities' license plate fees that apply to vehicles with internal combustion engines, on an average of $14,000 per license plate.

Kandi faced low EV sales in the first quarter of 2019 due to the delay of government subsidies and restructuring of the JV. They planned to increase production for the remaining portion of 2019, and to have a non-binding framework agreement with DiDi to deliver 300,000 EVs over the next five years.

Kandi Technologies has developed a range of compact electric vehicles (EVs), utility terrain vehicles (UTVs), and golf carts primarily for the urban and short-distance mobility market. Below is a summary of its key models:

• Introduced in 2009 in the United States.{{Cite web |last=Patrascu |first=Daniel |date=2009-12-23 |title=Kandi Coco, the Cheapest Car in the World: $865 |url=https://www.autoevolution.com/news/kandi-coco-the-cheapest-car-in-the-world-865-14825.html |access-date=2023-11-02 |website=autoevolution |language=en}}
• Offered in both electric (KD08E) and gasoline (KD08A) variants.
• Designed for low-speed, neighborhood use.

• Launched in 2017 as Kandi's first electric SUV.
• Offers a range of approximately 380 km (240 miles) and a top speed of 110 km/h (68 mph).
• Electrified version of the Geely Vision X3 platform.{{cite news |date=2018-03-29 |title=Geely Vision X3 |url=http://carsalesbase.com/china-car-sales-data/geely/geely-vision-x3/ |url-status=live |archive-url=https://web.archive.org/web/20180330012806/http://carsalesbase.com/china-car-sales-data/geely/geely-vision-x3/ |archive-date=2018-03-30 |access-date=2018-03-29}}
• Eligible for tax exemptions under China’s NEV (New Energy Vehicle) policy and U.S. federal EV tax credits.{{Cite web |title=Kandi Pure EV Model EX3, K23 Included In China's Approved Directory Of Purchase Tax Exemption For New Energy Vehicles |url=https://finance.yahoo.com/news/kandi-pure-ev-model-ex3-130500986.html |url-status=live |archive-url=https://web.archive.org/web/20180920200000/https://finance.yahoo.com/news/kandi-pure-ev-model-ex3-130500986.html |archive-date=2018-09-20 |access-date=2018-09-20}}{{Cite web |title=Kandi Pure EV Models EX3 and K22 Qualify for Full $7,500 U.S. Federal Tax Credit |url=https://finance.yahoo.com/news/kandi-pure-ev-models-ex3-123300222.html |url-status=live |archive-url=https://web.archive.org/web/20181003220834/https://finance.yahoo.com/news/kandi-pure-ev-models-ex3-123300222.html |archive-date=2018-10-03 |access-date=2018-10-03 |website=finance.yahoo.com}}{{Cite web |title=Kandi EX3 |url=http://www.kandiev.com/product/index.php?id=23 |url-status=live |archive-url=https://web.archive.org/web/20181020011824/http://www.kandiev.com/product/index.php?id=23 |archive-date=2018-10-20 |access-date=2018-10-19}}

• Debuted on August 5, 2016, as Kandi’s first electric vehicle.File:Rear view of Kandi K17A EV (Based on the Englin SC5-RV) police cruiser.jpg
• Based on the Geely Englon SC5-RV platform.
• Used in public service fleets, such as police patrol vehicles in Hangzhou.

• A compact electric multi-purpose vehicle (MPV).
• Equipped with a 41.4-kWh battery offering a range of up to 302 km (188 miles).
• Production began in 2018 at Kandi’s Hainan facility.
• In the U.S., speed is electronically limited to 25–35 mph (40–56 km/h) depending on state regulations.{{cite news |date=2018-03-30 |title=Kandi Model K23 Production Launched by Kandi Electric Vehicles (Hainan) Co., Ltd. |url=http://globenewswire.com/news-release/2018/03/30/1455965/0/en/Kandi-Model-K23-Production-Launched-by-Kandi-Electric-Vehicles-Hainan-Co-Ltd.html |url-status=live |archive-url=https://web.archive.org/web/20180331035855/http://globenewswire.com/news-release/2018/03/30/1455965/0/en/Kandi-Model-K23-Production-Launched-by-Kandi-Electric-Vehicles-Hainan-Co-Ltd.html |archive-date=2018-03-31 |access-date=2018-03-30}}{{Cite web |title=Kandi Electric Vehicle - NEV K23 |url=https://www.kandiamerica.com/NEV-K23/ |url-status=live |archive-url=https://web.archive.org/web/20211114012739/https://www.kandiamerica.com/NEV-K23/ |archive-date=2021-11-14 |access-date=2021-11-14 |website=www.kandiamerica.com}}

• The K27 A compact four-door battery electric vehicle (BEV).
• Features a 17.69-kWh lithium battery with a maximum range of 161 km (100 miles).
• Designed for city use with an electronically restricted top speed.{{Cite web |title=Kandi Electric Vehicle - NEV K27 |url=https://www.kandiamerica.com/NEV-K27/ |url-status=live |archive-url=https://web.archive.org/web/20211114012741/https://www.kandiamerica.com/NEV-K27/ |archive-date=2021-11-14 |access-date=2021-11-14 |website=www.kandiamerica.com}}
• Marketed as one of the most affordable EVs in the U.S., with prices potentially under $10,000{{Cite web |last=Lambert |first=Fred |date=2020-07-30 |title=Kandi launches cheapest EVs in US, $13,000+ after incentives |url=https://electrek.co/2020/07/30/kandi-cheapest-electric-cars-us/ |url-status=live |archive-url=https://web.archive.org/web/20200816231350/https://electrek.co/2020/07/30/kandi-cheapest-electric-cars-us/ |archive-date=2020-08-16 |access-date=2020-08-23 |website=Electrek |language=en-US}} after federal and state incentives.

• The Kandi K32 An all-electric UTV introduced in 2021.
• Built on the Foday Lion F22 pickup platform.
• Features a dual-motor all-wheel-drive system producing 21 kW (28 hp).
• Standard model: 20.7-kWh battery with a 97 km (60 miles) range.
• Long-range variant: 50-kWh battery with a 240 km (150 miles) range.{{cite news |last=Mihalascu |first=Dan |date=29 Feb 2016 |title=Kandi K32 AWD Electric UTV Offers 60-Mile Range For $27,699 |url=https://insideevs.com/news/546992/kandi-launches-k32-electric-utv/ |url-status=live |archive-url=https://web.archive.org/web/20211111105743/https://insideevs.com/news/546992/kandi-launches-k32-electric-utv/ |archive-date=11 November 2021 |access-date=11 November 2021 |work= |publisher=paultan.org}}
• Not approved for public road use; designed for recreational and industrial environments.

File:Kandi K17A 001.jpg|Kandi K17A

File:KandiCocoElectricVehicle.jpeg|Kandi Coco

File:Kandi Panda EV rear.jpg|Kandi Panda EV

A total of 1,215 Kandi EVs were sold in China during the first quarter of 2014, and an additional 4,114 during the second quarter, representing a growth of 238%, and total sales of 5,329 units during the first half of 2014.{{cite news|url=http://247wallst.com/autos/2014/07/14/the-electric-vehicle-maker-in-china-that-grew-over-200-sequentially/|title=The Electric Vehicle Maker in China That Grew Over 200% Sequentially|author=Jon C. Ogg|work=24/7 Wall Street|date=2014-07-14|access-date=2014-08-02|archive-date=2014-07-21|archive-url=https://web.archive.org/web/20140721185800/http://247wallst.com/autos/2014/07/14/the-electric-vehicle-maker-in-china-that-grew-over-200-sequentially/|url-status=live}}

Kandi EV city car had a price tag of 41,517 yuan ($6,317) in 2015. The China Association of Automobile Manufacturers (CAAM) reported the sale of 16,376 Kandi EVs in 2015.

2015 sales revenue relied heavily on government subsidies. The Chinese government chose to not issue subsidies to Kandi in 2015, and its third 2015 subsidy payment completed on April 21, 2017.{{cite news|url=https://www.streetinsider.com/Corporate+News/Kandi+%28KNDI%29+Receives+Third+2015+Government+Subsidy+Payment+for+EV+Sales/12804861.html|title=Kandi (KNDI) Receives Third 2015 Government Subsidy Payment for EV Sales|work=Street Insider|date=2017-04-24|access-date=2017-04-24|archive-date=2018-01-27|archive-url=https://web.archive.org/web/20180127004559/https://www.streetinsider.com/Corporate+News/Kandi+%28KNDI%29+Receives+Third+2015+Government+Subsidy+Payment+for+EV+Sales/12804861.html|url-status=live}}

Kandi secured US$105.8 million (754438745.80 Chinese Yuan) financing through the National Economic and Technological Development Zone of Rugao City in May 2017.{{cite news|url=https://globenewswire.com/news-release/2017/05/02/975568/0/en/Kandi-Technologies-Announces-Initial-Launch-of-RMB-730-Million-Supply-Chain-Finance-Program.html|title=Kandi Technologies Announces Initial Launch of RMB 730 Million Supply Chain Finance Program|work=Nasdaq Globe Newswire|date=2017-05-02|access-date=2017-05-02|archive-date=2017-05-23|archive-url=https://web.archive.org/web/20170523232249/https://globenewswire.com/news-release/2017/05/02/975568/0/en/Kandi-Technologies-Announces-Initial-Launch-of-RMB-730-Million-Supply-Chain-Finance-Program.html|url-status=live}}

2018 sales were projected to focus exclusively on the EX3 SUV with a range of {{cvt|380|km}}.{{Cite web|url=https://finance.yahoo.com/news/first-batch-kandi-ex3-model-124700766.html|title=First Batch of Kandi's EX3 Model Pure EV Launch on Market|access-date=2018-09-27|archive-date=2018-09-27|archive-url=https://web.archive.org/web/20180927165111/https://finance.yahoo.com/news/first-batch-kandi-ex3-model-124700766.html|url-status=live}}

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Category:Car manufacturers of China

Category:Electric vehicle manufacturers of China

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Kandi EV CarShare

Category:Companies listed on the Nasdaq

Category:Production electric cars