Kandi Technologies and HawkRobo to Launch Joint Venture to Commercialize Autonomous Security Robots in North America
Rhea-AI Summary
Kandi Technologies (NASDAQ: KNDI) and HawkRobo announced a joint venture, KH Robotics, to commercialize autonomous quadruped security robots in North America.
Kandi will hold 70% equity via a China subsidiary; Oliver Zhang, former Hikvision North America executive, is appointed CEO. Commercial readiness and initial deliveries are anticipated within 2026, with logistics parks as the first deployment focus.
Positive
- 70% controlling stake held by Kandi enables consolidated JV oversight
- Commercial readiness and initial deliveries in 2026 provide a clear near‑term timeline
- Kandi manufacturing and supply chain to support scalable production
- HawkRobo AI supplies advanced algorithms and robotics hardware for product performance
Negative
- No financial terms or valuation for the joint venture were disclosed
- Initial deployments target logistics parks, limiting immediate market breadth
News Market Reaction – KNDI
On the day this news was published, KNDI gained 11.70%, reflecting a significant positive market reaction. Argus tracked a peak move of +21.8% during that session. Argus tracked a trough of -19.1% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $9M to the company's valuation, bringing the market cap to $90M at that time. Trading volume was exceptionally heavy at 42.6x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers show mixed moves: some gains (e.g., MAMO +4.67%, MPX +0.42%, MCFT +0.25%) and some declines (MBUU -1.07%, WGO -0.67%), suggesting stock-specific drivers for KNDI.
Previous Partnership Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 12 | Robotics partnership | Positive | +4.5% | Strategic alliance with DEEP Robotics for golf and security quadruped robots. |
| Apr 14 | Battery JV deal | Positive | +3.3% | Strategic partnership with CBAK to build U.S. lithium battery facilities. |
| Aug 12 | Manufacturing partnership | Positive | +2.3% | Formal partnership with Hartford Industrial to manufacture off-road vehicles for U.S. |
Past partnership announcements for KNDI have been followed by modestly positive price reactions.
Over recent periods, Kandi has repeatedly used partnerships to expand technology and North American exposure. In June 2025, it partnered with DEEP Robotics on smart golf and security quadruped robots, lifting shares modestly. Earlier in April 2025, a lithium battery partnership with CBAK targeted the U.S. off-road market. A August 2024 manufacturing partnership with Hartford Industrial also saw a positive move. Today’s joint venture on autonomous security robots continues this partnership-driven robotics and North America strategy.
Historical Comparison
In the past year, KNDI announced 3 partnership deals, averaging a 3.37% 24h move. Today’s North America-focused robotics JV fits this pattern of mildly positive reactions.
Partnerships show a progression from manufacturing and batteries toward AI-enabled quadruped robotics and North American market expansion.
Market Pulse Summary
The stock surged +11.7% in the session following this news. A strong positive reaction aligns with Kandi’s history of partnership-driven expansions, where prior deals averaged about a 3.37% 24-hour move. The market could view majority ownership of KH Robotics and focus on autonomous quadruped security robots as a continuation of its robotics strategy. However, prior revenue declines and ongoing operating losses from recent filings highlight execution and commercialization risks if enthusiasm over future growth fades.
Key Terms
joint venture financial
quadruped robots technical
multimodal environmental perception technical
anomaly detection technical
AI-generated analysis. Not financial advice.
- Combines Kandi’s manufacturing scale, HawkRobo’s advanced AI robotics, and established distribution channels to capitalize on the rapidly growing North American autonomous security market
- Appoints former Hikvision North America executive Oliver Zhang as CEO to drive commercialization and market penetration
Jinhua, China, March 17, 2026 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company” or “Kandi Technologies”) (NASDAQ GS: KNDI), a global innovator in intelligent equipment and a technology-driven platform company, today announced that it has entered into a strategic partnership agreement with HawkRobo Systems LLC, a pioneering leader in intelligent robotics, to jointly establish KH Robotics, a joint venture aimed at accelerating the commercialization and deployment of autonomous quadruped security robots in the North American market.
Under the agreement, Kandi, through one of its subsidiaries in China, Zhejiang Kandi Technologies Group, Co. Ltd., is to hold a controlling
KH Robotics is to be led by the newly appointed Chief Executive Officer, Oliver Zhang, a former senior executive at Hikvision North America. With extensive experience in the North American security market and deep industry relationships, Mr. Zhang is well-positioned to drive KH Robotics’ market expansion and accelerate the commercialization of its solutions.
Following its establishment, KH Robotics plans to focus on logistics parks as its first major deployment scenario, developing tailored quadruped robotic security solutions to address the growing demand for autonomous, intelligent surveillance in complex industrial settings. KH Robotics’ solutions are expected to integrate advanced capabilities, including autonomous patrol, multimodal environmental perception, anomaly detection, audio-visual warning systems, and seamless collaboration with existing security infrastructure. KH Robotics will manage full-stack development, localized testing, and commercialization, with commercial readiness and initial customer deliveries anticipated within 2026.
Feng Chen, the Chief Executive Officer of Kandi Technologies, commented, “This strategic partnership represents a key milestone in Kandi’s global expansion and our ongoing evolution into a technology-driven enterprise. Since 2025, we have been evolving from a traditional manufacturer into a technology-driven platform focused on intelligent equipment, powered by dual growth engines and underpinned by our well-established global supply chain capabilities. By integrating HawkRobo’s cutting-edge AI with Oliver Zhang’s proven industry leadership, KH Robotics is optimally positioned to penetrate the high-value North American markets, driving sustainable, long-term value for our shareholders.”
Safe Harbor Statement
This press release contains certain statements that may include “forward-looking statements.” All statements other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the risk factors discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on the SEC’s website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements.
About Kandi Technologies Group, Inc.
Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) is a global innovator in intelligent equipment and a technology-driven platform company. Headquartered in Jinhua, China, the Company’s primary focus is on intelligent mobility solutions, with a strategic emphasis on the North American market, while actively pursuing opportunities in battery swap equipment, intelligent robotics and other emerging high-tech areas. Through its subsidiaries, Kandi Technologies leverages its robust manufacturing capabilities and technological expertise to deliver innovative products for a wide range of commercial and consumer applications.
For more information, please visit ir.kandigroup.com.
About HawkRobo
HawkRobo is a pioneering leader in intelligent robotics, dedicated to solving complex challenges and delivering transformative value across industries. Specializing in the development of advanced robotic systems powered by cutting-edge AI, machine learning, and neural networks, the Company focuses on creating the “brain” of robots to enable smarter, more efficient, and adaptable solutions. From manufacturing and healthcare to logistics, security, and beyond, our innovative technologies empower businesses to optimize operations, enhance safety, and drive innovation. With a global presence, a commitment to customization, and a passion for pushing the boundaries of what robots can achieve, HawkRobo is shaping the future of intelligent automation, one intelligent robot at a time. For more information about HawkRobo, please visit www.hawkrobo.com.
For investor and media inquiries, please contact:
Kandi Technologies Group, Inc.
Kewa Luo
Tel: +1 (212) 551-3610
Email: IR@kandigroup.com
Piacente Financial Communications
Brandi Piacente
Tel: +86-10-6508-0677
Email: Kandi@thepiacentegroup.com
FAQ
What stake will Kandi hold in KH Robotics (KNDI) and who will control the venture?
When does KH Robotics expect commercial readiness and initial deliveries for KNDI's joint venture?
Who is appointed CEO of KH Robotics and what relevant experience does he bring to KNDI investors?
What technologies will KH Robotics combine to build autonomous security robots under KNDI?
Which markets will KH Robotics target first and how will that affect KNDI's deployment strategy?
