Kandi Technologies Registers 18% Revenue Growth In FY21
Kandi Technologies Group Inc (NASDAQ:KNDI) reported fiscal FY21 sales growth of 18.9% year-on-year, to $91.5 million, versus $76.9 million in 2020. EV parts sales fell 37.7% Y/Y to $25.3 million, Off-road vehicles sales declined 1.7% to $29.3 million, while Electric Scooters, Electric Self-Balancing Scooters, and associated parts sales surged five-fold to $30 million.…
Benzinga ·
Benzinga
