Kandi Technologies Group, Inc.

Kandi Technologies Group, Inc. is a global innovator in intelligent equipment and a technology-driven platform company, headquartered in Jinhua, Zhejiang, China. The company's core business revolves around leveraging technological innovation, a global supply chain, and advanced manufacturing to transform industries and expand real-world applications. Guided by a "one core, two growth engines" strategic framework, Kandi anchors its business in all-domain intelligent vehicles, with battery swapping equipment and intelligent robotics as two strategic growth pillars. Its mission is to bring joy to daily life, fostering shared success and sustainable, long-term growth through open collaboration and mutually beneficial partnerships.

Kandi's key products and services include the design, development, manufacturing, and commercialization of electric vehicle (EV) products and parts, as well as a diverse range of electric off-road vehicles such as ATVs, UTVs, go-karts, golf carts, electric scooters, and electric self-balancing scooters. The company also specializes in lithium-ion cells, battery packs, and smart battery swap systems. Kandi maintains a strong presence in markets across China, the United States, Africa, Southeast Asia, Latin America, and the Middle East, with its U.S. subsidiary, SC Autosports, LLC (doing business as Kandi America), headquartered in Dallas, Texas.

Recent notable developments include the appointment of Feng Chen as CEO and Dr. Xueqin Dong as Chairman in October 2024, with founder Xiaoming Hu transitioning to a Director role. In May 2025, Kandi commenced U.S. production of electric golf carts at its Garland, Texas facility, marking a significant step in its "Made in North America" initiative. The company unveiled a brand upgrade in March 2026, highlighting its focus on intelligent transformation and a diversified growth strategy, which includes a joint venture (KH Robotics) with HawkRobo Systems LLC to commercialize autonomous quadruped security robots in North America. Kandi was invited as a core equipment partner to CATL's 2026 Battery Swap Supplier Conference in May 2026, and by June 2026, the company announced accelerated global expansion, with its products reaching 35 countries and regions. However, in May 2026, Kandi also received a Nasdaq notification regarding a minimum bid price compliance deficiency.