Welcome to our dedicated page for Kandi Technologies Group news (Ticker: KNDI), a resource for investors and traders seeking the latest updates and insights on Kandi Technologies Group stock.
Kandi Technologies Group, Inc. reports developments as a Nasdaq-listed intelligent equipment and technology-driven platform company with operations tied to all-domain intelligent vehicles, off-road vehicles and associated parts, battery-swapping equipment, and intelligent robotics.
Company news commonly covers annual and interim results, Form 20-F reporting, product and brand strategy, strategic cooperation in heavy-truck battery-swap infrastructure, autonomous security robotics initiatives, and Nasdaq listing-compliance notices for its ordinary shares.
Kandi Technologies (NASDAQ: KNDI) announced that wholly owned subsidiary China Battery Exchange secured an equipment procurement order from QIJI Energy, CATL’s heavy-truck battery swap brand, to equip 18 heavy‑truck battery swap stations. The order covers end-to-end services including equipment manufacturing, delivery, site deployment, and after‑sales maintenance.
This is the first batch order under the three-year strategic cooperation agreement signed in January 2026 with QIJI Energy, which established China Battery Exchange as a designated equipment supplier for CATL’s heavy-truck battery swap station program. The batch is part of CATL’s “Ten Thousand Station Plan,” under which QIJI Energy is targeting about 900 stations by year-end 2026. According to Kandi, the move marks a transition from pilot phase to active commercial operations and reinforces China Battery Exchange’s role in CATL’s supplier ecosystem.
Kandi Technologies (NASDAQ: KNDI) announced that its wholly owned subsidiary, China Battery Exchange (Zhejiang), has commenced production at its new battery swap equipment manufacturing base in Lin’an, China. The facility is focused on standardized, scalable production of intelligent battery swap stations for heavy-duty trucks and supports China’s expanding battery swap infrastructure.
According to Kandi Technologies, its proprietary equipment can complete a full battery swap in as little as 90 seconds and is protected by multiple core patents. At full capacity, the Lin’an base is expected to produce up to 200 battery swap stations per year, supporting deliveries to CATL’s QIJI Energy under a three-year strategic cooperation agreement signed in January 2026 and to other strategic partners. The launch aligns with Chinese government policies promoting new energy heavy-duty trucks and the build-out of high-power charging and battery swap networks.
Kandi Technologies (NASDAQ: KNDI) announced that subsidiary Kandi Hainan entered an exclusive five-year strategic cooperation with Greentown Community Business Group.
The partners will deploy low-speed electric sightseeing vehicles in residential communities across China, aiming to build a scalable community new energy mobility ecosystem and support recurring, cash-flow-generating operations.
Kandi Technologies (NASDAQ: KNDI) announced that subsidiary Hangzhou Xinchu New Energy, which Kandi has contracted to acquire 51% of, has been named an authorized distributor of Schneider Electric IT (China) for fiscal 2026.
The deal allows Xinchu to distribute Schneider’s APC, MGE and Schneider-branded UPS and data center infrastructure, enhancing Kandi’s AI data center backup power and energy storage capabilities.
Kandi Technologies (NASDAQ:KNDI) agreed to acquire a 51% controlling stake in Hangzhou Xinchu New Energy for RMB20 million (about US$2.9 million) in cash, with closing expected in July 2026.
The deal establishes Kandi’s entry into AI data center backup power and energy storage, leveraging Xinchu’s lithium battery and BMS solutions for data centers and telecom base stations.
Kandi Technologies (NASDAQ: KNDI) reported rapid global expansion of its off-road vehicle business. Its product lineup now reaches customers in 35 countries and regions, with a dual-track strategy focused on order growth and brand localization.
Key regions include North America, South Africa and Nigeria in Africa, Laos in Southeast Asia, and Panama and Argentina in Latin America, supported by new dealer orders, localized marketing, and preliminary distribution arrangements.
Kandi Technologies (NASDAQ:KNDI) was invited as a core equipment supplier to CATL’s 2026 Battery Charging and Swapping Supplier Conference in Xiamen. Senior leaders discussed technology advancement, large-scale delivery, and supply chain optimization supporting their long-term collaboration.
CATL plans 30,000 passenger and 10,000 heavy-truck battery swap stations, plus 100,000 ultra-fast charging and swapping facilities across China.
Kandi Technologies Group (NASDAQ: KNDI) received a Nasdaq notification on May 5, 2026 that its closing bid price fell below the $1.00 minimum from March 23, 2026 through May 4, 2026, creating a compliance deficiency. The notice does not affect listing immediately. The company has a 180-calendar-day Initial Compliance Period until November 2, 2026 to regain compliance, during which shares will continue trading on the Nasdaq Global Select Market. If the stock trades at $1.00 or higher for ten consecutive business days, Nasdaq will notify the company of regained compliance. If not cured, Kandi may apply to transfer to the Nasdaq Capital Market, seek additional time, or face delisting procedures.
Kandi Technologies (NASDAQ:KNDI) released a CEO letter outlining a 2026–2030 Strategic Development Framework and a focused dual-engine growth strategy across off-road electric vehicles and battery swapping equipment & intelligent robotics. Key 2025 results: gross margin rose to 42.6%, net cash from operations was $96.8M, and year-end cash totaled $211.9M. Material corporate moves include the acquisition of U.S. off-road brand Rawrr, a CATL equipment designation and first heavy-truck battery-swap order, and a joint venture for quadruped robots targeting U.S. commercial delivery by end-2026.
Kandi Technologies Group (NASDAQ: KNDI) filed its Annual Report on Form 20-F with the U.S. SEC on April 28, 2026 for the fiscal year ended December 31, 2025.
The filing is available on the company’s investor relations website and on the SEC website; the company will provide free hard copies to shareholders upon written request to Investor Relations.