Kandi Technologies Group (KNDI)
Builds electric-vehicle products, components, and off-road vehicles while expanding battery swapping and robotics.
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Manufactures and sells EV products, components, and off-road vehicles in China and global markets. Its stated platform centers on intelligent vehicles, with battery-swapping equipment and intelligent robotics as growth pillars.
Manufactures and sells EV products, EV parts, and off-road vehicles through China-based operations and global sales channels. The K23 is jointly made with Hunan Hengrun Automobile under its manufacturing license and sold directly in China. SC Autosports, doing business as Kandi America, supports U.S. sales. Substantially all operations sit in PRC subsidiaries, with a U.S. distribution presence that supports international sales.
The stated platform centers on all-domain intelligent vehicles, alongside battery-swapping equipment and intelligent robotics. Sales are concentrated among major customers, and the K23 depends on a third-party manufacturing license.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Dec 31, 2025Cash & short-term investments $118.4M · Total debt $47.2M · Total assets $399.7M · Shareholders' equity $270.1M
- Revenue
- $25.6M
- Operating income
- −$27.6M
- Net income
- −$47.8M
No dividends on record.
| Institutions | 0.08% | 66.2K shares | |
|---|---|---|---|
| 1 holder · as of Jun 30, 2025 | |||
| Other | 99.92% | 83.53M shares | |
| remainder | |||
83.59M company shares as of Aug 22, 2026 · institutions as of Jun 30, 2025 · holders as of their latest filing
The share count is from the company's Mar 2024 annual report; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Quinn Opportunity Partners LLCInstitution | 0.08% | 66,200 | as of Jun 30, 2025 |
Xiaoming Hu1Insiderdirector, 10 percent owner | 1.92% | 1.61M | filed Jul 13, 2023 |
Xiaoying Zhu2Insiderofficer: Interim Chief Financial Office | 0.78% | 653,992 | filed Sep 6, 2019 |
Henry Yu3Insiderdirector | 0.14% | 115,500 | filed Dec 2, 2021 |
Jerry Lewin4Insiderdirector | 0.11% | 90,000 | filed Nov 30, 2020 |
- Last filed Jul 13, 2023; leaving the company requires no filing. Not in the bar.
- Last filed Sep 6, 2019; leaving the company requires no filing. Not in the bar.
- Last filed Dec 2, 2021; leaving the company requires no filing. Not in the bar.
- Last filed Nov 30, 2020; leaving the company requires no filing. Not in the bar.
Insider tradesForm 4
Nothing filed in the last 12 months.
