About Kandi Technologies

Founded on March 31, 2004, Kandi Technologies Group Inc. is a publicly traded company listed on the NASDAQ Global Market and registered in the British Virgin Islands. Its operations are managed through its wholly owned subsidiary, Zhejiang Kandi Vehicle Co., Ltd., located in the picturesque Huhaitang area of Jinhua City, Zhejiang Province, China. As a nationally recognized high-tech enterprise and one of the top 500 companies in China’s machinery industry, Kandi is also a member of the Sino-American Clean Vehicle Alliance. The company represents a modern enterprise that integrates research and development, manufacturing, and sales of various vehicles. Initially, Kandi specialized in designing, developing, manufacturing, and commercializing electric vehicles (EVs) and EV components. In recent years, several Chinese EV companies have aggressively pursued market share at the cost of substantial losses, revealing that China’s electric vehicle market has yet to mature into a healthy and orderly environment. In response, Kandi began realigning its corporate strategy post-2020. With the global trend clearly moving from fuel-powered to electric off-road vehicles, Kandi has concentrated its efforts on producing pure electric off-road vehicles, aiming to establish itself as a leader in this segment within three years. For more information, visit the company website at http://en.kandivehicle.com. The company’s address is New Energy Vehicle Town, Industrial Park, Jinhua City, Zhejiang Province, China.