UNCOVERED: Kandi technologies group inc org - The Untold Story

The electric vehicle (EV) industry is well-positioned to register solid growth over the long run because countries are increasingly focusing on sustainable transportation to reduce carbon emissions. China is the largest producer of EVs and has the largest EV market globally. Therefore, many Chinese EV companies should grow handsomely with…

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.…