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Kandi Technologies Group Inc (KNDI.OQ)

KNDI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Kandi Technologies Q2 GAAP loss per share $0.24
Wednesday, 9 Aug 2017 07:24am EDT 

Aug 9 (Reuters) - Kandi Technologies Group Inc :Kandi Technologies reports second quarter 2017 financial results.Q2 adjusted non-GAAP loss per share $0.20.Q2 GAAP loss per share $0.24.Q2 revenue fell 50.5 percent to $27.3 million.Kandi Technologies - ‍"2017 has been a challenging year for Kandi"​.Kandi Technologies - ‍electric vehicle parts sales decreased by 51.3%, to $26.2 million for Q2 of 2017​.Kandi Technologies - Kandi recorded 50 percent of Kandi Electric Vehicles Group Co Ltd's losses of $7.3 million for this quarter​.  Full Article

Kandi Technologies Q1 adjusted non-gaap loss per share $0.45
Wednesday, 10 May 2017 07:39am EDT 

May 10 (Reuters) - Kandi Technologies Group Inc :Kandi technologies reports first quarter 2017 financial results.Q1 adjusted non-gaap loss per share $0.45.Q1 revenue fell 91.6 percent to $4.3 million.Q1 gaap loss per share $0.51.Kandi technologies group inc - electric vehicle parts sales decreased by 94.2% to $2.7 million for q1 of 2017.Kandi technologies group inc - "believe that we will regain our sales momentum in second half of this year".  Full Article

Kandi Technologies receives third 2015 government subsidy payment for EV sales
Monday, 24 Apr 2017 09:20am EDT 

April 24 (Reuters) - Kandi Technologies Group Inc ::Kandi Technologies - electric vehicles made by Kandi Electric Vehicles Group got total subsidy payments of RMB 603.5 million from Chinese government for 2015.Kandi Technologies Group Inc - payment of RMB 239 million of total subsidy payments was received on April 21, 2017.  Full Article

Kandi Technologies FY adjusted non-gaap EPS $0.10
Thursday, 16 Mar 2017 07:02am EDT 

Kandi Technologies Group Inc : Kandi Technologies reports full year 2016 financial results . Kandi Technologies Group Inc - total revenues were $129.5 million in 2016, a decrease of 35.6% from total revenues of $201.1 million in 2015. . FY GAAP loss per share $0.14 . FY adjusted non-gaap earnings per share $0.10 . Kandi Technologies Group Inc - EV parts sales decreased by 38.8% to $120.1 million in 2016, compared with EV parts sales of $196.1 million in 2015. .Kandi Technologies Group Inc - in Q4 2016, JV company sold 2,764 EV products..  Full Article

Kandi Technologies says will report its full year 2016 on March 16
Wednesday, 15 Mar 2017 08:32am EDT 

Kandi Technologies Group Inc :Kandi technologies group inc says will report its full year 2016 on thursday, march 16, 2017.  Full Article

Kandi Tech says company's previously issued financial statements should no longer be relied upon
Monday, 13 Mar 2017 06:00pm EDT 

Kandi Technologies Group Inc : Kandi technologies-identified areas in financials for years ended dec 31, 2015,2014, first 3 qtrs for fy ended dec 31, 2016 that require adjustment . Kandi technologies group inc says concluded that company's previously issued financial statements should no longer be relied upon- sec filing . Kandi technologies group inc- reassessing its internal controls over its financial reporting and compliance programs - sec filing . Kandi technologies group inc - restatements will have no effect on net income of company as reported in previously issued financial statements .Kandi technologies group inc - company dismissed awc and engaged bdo china shu lun pan certified public accountants llp.  Full Article

Kandi Technologies says govt will re-calculate subsidy payments for EVS that were manufactured during 2013-2014 period
Tuesday, 20 Dec 2016 08:47am EST 

Kandi Technologies Group Inc : Re-Calculation is result of certain complications in jv company's advanced reusable battery exchange model . Kandi technologies group - according to final results, government will re-calculate subsidy payments for evs that were manufactured during 2013-2014 period . Kandi technologies - jv company has made modifications to its battery exchange model and has obtained government approval in february of 2016 . Kandi technologies group - applying 2016 guidelines for evs from 2013 to 2014, jv co estimates need to write off about $6.6 million of recorded account receivables . Evs that were manufactured in 2015 and 2016 remain eligible for same amount of government subsidies . Kandi technologies group - jv co incurred roughly $6.6 million in lost subsidies which converts into $3.3 million losses to kandi on equity method of accounting basis .The final results of government subsidy review related to kandi’s jv company released.  Full Article

Kandi technologies reports Q3 GAAP loss per share $0.01
Wednesday, 9 Nov 2016 06:02am EST 

Kandi Technologies Group Inc : Says total revenues decreased 87.4 pct to $6.4 million for Q3 of 2016 . Expects JV Company to deliver 2,000 to 2,200 EV products in Q4 . Kandi Technologies Group will introduce two new EV models in 2017 . China's government "preceded review on subsidies paid to ev manufacturers" that caused 2015 subsidy payments remain unpaid industry-wide . Kandi Technologies reports third quarter 2016 financial results . Q3 GAAP loss per share $0.01 . Sees Q4 2016 revenue $28 million to $30 million .Q3 adjusted non-gaap loss per share $0.04.  Full Article

Kandi Technologies Qtrly EPS $0.06
Tuesday, 9 Aug 2016 07:00am EDT 

: Kandi technologies reports second quarter 2016 financial results . Kandi technologies group inc says q2 2016 revenue increased 15.1% yoy to $55.2 million .Kandi Technologies Group Inc qtrly earnings per share $0.06.  Full Article

Kandi Technologies gets RMB100 mln in subsidy for expenditure for new model of electric vehicle
Monday, 8 Aug 2016 08:32am EDT 

Kandi Technologies Group Inc :Kandi Technologies reports the receipt of RMB100 million in initial subsidy for research and development expenditures for the new model of electric vehicle.  Full Article

BRIEF-Kandi Technologies files for mixed shelf offering of up to $300 mln

* Kandi Technologies Group Inc files for mixed shelf offering of up to $300 million - SEC filing‍​ Source text for Eikon: (http://bit.ly/2g3qKhx) Further company coverage:

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