About Kandi Technologies
Kandi Technologies is a company based in Jinhua (China) founded in 2005.. The company has 840 employees as of December 31, 2023. Kandi Technologies has completed 1 acquisition, including Sportsman Country. Kandi Technologies operates in a competitive market with competitors including NIO, Tesla, Beijing Che Lixing Information Technology, Fisker and Segway-Ninebot, among others.
- Headquarter Jinhua, China
- Employees 840 as on 31 Dec, 2023
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$123.6 M5as on Dec 31, 2023
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Net Profit
$1.67 M113as on Dec 31, 2023
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EBITDA
$3.47 M126as on Dec 31, 2023
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Latest Funding Round
$60 M (USD), Post-IPO
Nov 10, 2020
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Investors
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Employee Count
840
as on Dec 31, 2023
- Investments & Acquisitions
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IPO & Listings of Kandi Technologies
Kandi Technologies is a publicly listed company on the NASDAQ with ticker symbol KNDI in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Kandi Technologies
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $60.0M
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First Round
First Round
(04 Feb 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Post-IPO - Kandi Technologies | Valuation |
investors |
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| Jan, 2019 | Amount | Post-IPO - Kandi Technologies | Valuation |
investors |
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| Feb, 2010 | Amount | Post-IPO - Kandi Technologies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Kandi Technologies
Kandi Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sportsman Country. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Automotive parts, accessories, and other products are wholesaled.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kandi Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kandi Technologies Comparisons
Competitors of Kandi Technologies
Kandi Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NIO, Tesla, Beijing Che Lixing Information Technology, Fisker and Segway-Ninebot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
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| domain | founded_year | HQ Location |
Electric vehicles and solar energy products are manufactured.
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| domain | founded_year | HQ Location |
Electric SUVs are manufactured in Beijing, China.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and leased by Fisker Inc.
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| domain | founded_year | HQ Location |
Multi-category electric vehicles and robots are manufactured by Segway-Ninebot.
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| domain | founded_year | HQ Location |
Multi-category commercial electric vehicles, including buses and vans, are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kandi Technologies
Frequently Asked Questions about Kandi Technologies
When was Kandi Technologies founded?
Kandi Technologies was founded in 2005 and raised its 1st funding round 5 years after it was founded.
Where is Kandi Technologies located?
Kandi Technologies is headquartered in Jinhua, China. It is registered at Jinhua, Zhejiang, China.
Who is the current CEO of Kandi Technologies?
Hu Xiaoming is the current CEO of Kandi Technologies.
How many employees does Kandi Technologies have?
As of Dec 31, 2023, the latest employee count at Kandi Technologies is 840.
What is the annual revenue of Kandi Technologies?
Annual revenue of Kandi Technologies is $123.6M as on Dec 31, 2023.
What does Kandi Technologies do?
Kandi Technologies was founded in 2005 and is headquartered in Jinhua, China. Electric vehicles across multiple categories are developed by the company, with a focus on smart electric cars, all-terrain vehicles, and go-karts. Operations center on vehicle design and production within the automotive sector, serving domestic and international markets through its domain, kandivehicle.com. Leadership is provided by CEO Hu Xiaoming.
Who are the top competitors of Kandi Technologies?
Kandi Technologies's top competitors include Beijing Che Lixing Information Technology, Fisker and Tesla.
Is Kandi Technologies publicly traded?
Yes, Kandi Technologies is publicly traded on NASDAQ under the ticker symbol KNDI.
How many acquisitions has Kandi Technologies made?
Kandi Technologies has made 1 acquisition, including Sportsman Country.
What is Kandi Technologies's ticker symbol?
The ticker symbol of Kandi Technologies is KNDI on NASDAQ.
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