Kandi Technologies Group, Inc. Stock Price, News & Analysis

Kandi Technologies (NASDAQ: KNDI) has released its unaudited financial results for H1 2025, showing mixed performance. Total net revenues decreased 39.3% to $36.3 million from $59.8 million in H1 2024, primarily due to lower sales in off-road vehicles and EV products. However, gross margin significantly improved to 45.2% from 31.7% year-over-year.

The company reported net income of $1.7 million ($0.02 per share), down from $2.4 million ($0.03 per share) in H1 2024. Notable developments include strategic cooperation with Deep Robotics for intelligent robots and the company's subsidiary securing its first heavy-truck battery swap station equipment order. Kandi maintains a strong financial position with $256.7 million in cash and equivalents, up from $126.3 million at the end of 2024.

Kandi Technologies (NASDAQ: KNDI) has achieved a significant milestone as its subsidiary, China Battery Exchange, secured its first major order from CATL for heavy-truck battery swap station equipment. The company will provide core station structures, robotic arm systems, and precision temperature-controlled battery compartments for heavy-duty truck applications.

This strategic partnership integrates Kandi into CATL's global supplier ecosystem, supporting CATL's ambitious "Ten Thousand Station Plan" which targets 500 battery swapping stations in 2025 and aims to exceed 10,000 stations nationwide in the long term. The collaboration validates Kandi's technological leadership in intelligent, standardized battery swap solutions within the growing new energy infrastructure sector.

Kandi Technologies (NASDAQ: KNDI), a leading manufacturer of electric personal transportation and utility vehicles, has scheduled its first half 2025 financial results announcement for Tuesday, August 19, 2025, before U.S. markets open.

The company will host an earnings conference call at 8:00 AM ET (8:00 PM Beijing Time) on the same day. Investors can access the call through toll-free (+1-877-407-3982) or international (+1-201-493-6780) dial-in numbers, or via webcast on the company's investor relations website.

Kandi Technologies (NASDAQ: KNDI) announced that its subsidiary China Battery Exchange has signed a Framework Procurement Contract with CATL (300750.SZ), becoming an official equipment supplier for CATL's battery swap ecosystem. The agreement positions China Battery Exchange to provide standardized battery swapping station equipment and comprehensive support solutions for CATL's "Ten Thousand Station Plan".

The partnership includes supplying main station structures, robotic arm systems, and temperature control modules. The first order focuses on heavy-truck battery swap stations, with initial delivery expected within three months. CATL aims to deploy 500 stations this year and over 10,000 stations across mainland China long-term. Kandi's system offers one-click swapping, 90-second battery replacement, automated billing, and real-time monitoring capabilities.

Kandi Technologies (NASDAQ: KNDI) showcased its AI and robotics innovations at the 2025 World Artificial Intelligence Conference (WAIC) in Shanghai. The company highlighted its strategic partnership with Deep Robotics, featuring a live demonstration of quadruped robots performing security and inspection tasks.

The collaboration focuses on developing quadruped security inspection robots and smart sports tech for the North American market, integrating Kandi's proprietary cloud-edge-device intelligent architecture. Additionally, Kandi is exploring a joint research initiative with Zhejiang University to advance AI algorithms, environmental sensing, and motion control technologies.

Kandi Technologies (NASDAQ: KNDI) has announced a strategic partnership with DEEP Robotics to develop smart golf equipment and security inspection quadruped robots for the North American market. The collaboration combines Kandi's manufacturing expertise and distribution network with DEEP Robotics' AI and robotics technology. The partnership will focus on two main areas: developing golf caddy robots by customizing Kandi's golf cart platforms with DEEP Robotics' autonomous functionalities, and creating security inspection quadruped robots for 24/7 autonomous monitoring. The global quadruped robot market is expected to grow from $2.61 billion in 2025 to $11.96 billion by 2034, with North America holding 40% market share. Kandi will leverage its facilities in China, Taiwan, and Texas, along with its subsidiary SC Autosports, for localized production and distribution.

Kandi Technologies Group (NASDAQ: KNDI) has achieved a significant milestone with the commencement of operations at its new 74,758-square-foot manufacturing facility in Garland, Texas. The company has successfully produced its first U.S.-assembled electric golf cart, marking the beginning of local production. The facility, situated on a 4.56-acre site in the Dallas metropolitan area, is equipped to manufacture Kandi's complete lineup of electric off-road vehicles, including UTVs and recreational models. This strategic move positions Kandi among select manufacturers with localized electric off-road vehicle production in North America. The initiative aims to enhance operational efficiency, reduce delivery times, and improve customer service. Additionally, Kandi has partnered with CBAK Energy Technology to develop two lithium battery production facilities in the U.S., further strengthening its domestic manufacturing presence.

Kandi Technologies (NASDAQ: KNDI) reported its full year 2024 financial results, with total revenue increasing 3.2% year-over-year to $127.6 million. The company's core electric off-road vehicle segment grew 8.9% to $116.6 million, representing over 91% of total revenue.

Key financial metrics include: gross profit of $39.3 million with margin declining to 30.8% from 33.5%; operating loss of $68.8 million; and net loss of $51.0 million. The company maintained strong liquidity with $126.3 million in cash and equivalents.

Notable developments include:

• China revenue growth of 80% year-over-year
• Share repurchase of 1,892,568 shares at average $2.05 per share
• Strategic alliance with CBAK Energy for U.S. battery production
• 17.1% increase in R&D spending for next-gen products
• Taiwan manufacturing upgrades to enhance supply chain flexibility

Kandi Technologies Group (NASDAQ: KNDI) has announced it will release its fiscal year 2024 financial results on Monday, April 28, 2025. The company will host a conference call and live webcast to discuss the results at 8:00 A.M. Eastern Time (8:00 A.M. Beijing Time) on the same day.

The event will include management's prepared remarks followed by a Q&A session. Investors can access the call through toll-free (+1-877-407-3982) or international (+1-201-493-6780) dial-in numbers. A live webcast will be available through the company's investor relations website, with an archive accessible after the call.