Kandi Technologies Group, Inc.
Business
Kandi Technologies Group, Inc. designs, develops, manufactures and commercializes electric vehicles, electric vehicle parts and pure electric off‑road vehicles. Its main products include EV parts and EV products, off‑road vehicles such as ATVs, UTVs, go‑karts, golf carts, electric scooters and related battery and lithium‑ion cell technologies, as well as battery swap equipment and services. The company operates through multiple operating subsidiaries and business units, including Zhejiang Kandi Technologies and U.S. subsidiaries (SC Autosports/Kandi America) and battery technology affiliates. It sells products in China, the United States and other international markets through direct sales, distributors, retail stores and trading companies.
Summary from filing dated 2025-04-28
Financials
Latest annual snapshot (FY2025, period end 2025-12-31). Full statement history unavailable for this entity.
| Revenue | $87.44M |
| Net income | $-93.88M |
| Total assets | $399.66M |
| Total liabilities | $129.60M |
| Stockholders' equity | $270.06M |
| Operating cash flow | $96.81M |