Kandi Technologies Group, Inc.: Kandi Technologies Actively Explores Possibility of Establishing Electric Vehicle Manufacturing Facility in North America: Firmen im Artikel.
In 2016, Geely Auto sold its half of the JV to Geely Holding Group, controlled by Li Shufu.Kandi has partnered up with Geely to sell EVs under the Gleagle brand.In July 2012 Kandi Technologies signed a strategic cooperation agreement with the city of The Kandi public EV CarShare concept is based on Hangzhou's Kandi's original plan was to build with both Government and “outside” support, 750 of these garages through a 50-50 joint venture with Geely Automotive, China's largest passenger automaker, which would require some 100,000 Kandi electric vehicles to stock them. Kandi Technologies Group, Inc. (NASDAQ:KNDI) has a beta value of 2.63 and has seen 2,097,307 shares traded in the last trading session. The information agency "Marketing Sentinel" was established at the end of 2004. The expected earnings per share for the stock is $0.Despite being -1.62% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Aug 26 when the KNDI stock price touched $7.46-1 or saw a rise of 10.72%. The firm’s total holdings are worth over $742.93 Thousand and represent 0.32% of shares outstanding.Also the top two Mutual Funds that are holding company’s shares are SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF and Invesco ETF Tr-Invesco Golden Dragon China ETF. Earnings growth for 2020 is a modest -23.5%.Insiders own 28.59% of the company shares, while shares held by institutions stand at 4.42% with a share float percentage of 6.2%. It is also planning to expand into 2–3 other Chinese cities during 2014.In 2019, Kandi Technologies signed a non-binding framework with a ride-sharing alliance to provide 300,000 EVs within 5 years.Executing its commitment to ride-sharing, Kandi JV signs a non-binding agreement with Cao Cao Zhuan Che as the supplier for 20,000 electric vehicles. Kandi Technologies Group Aktie im Überblick: Realtimekurs, Chart, Fundamentaldaten, sowie aktuelle Nachrichten und Meinungen.
Six garages were completed, but due to escalating real estate prices, vertical garages have halted in favor of horizontal street parking type kiosks. The data shows that short shares as of August 13, 2020, stood at 6.17 Million at a short ratio of 0.46. Its founder and leader is Lewis Roberts. The company, currently valued at $363.64 Million, closed the last trade at $6.66 per share which meant it lost -$0.11 on the day or -1.62% during that session. Its 41.4 kWh battery give it a top range of 302 km (188 miles). Kandi Technologies Group Inc. Kandi Technologies Group, Inc. engages in the development, manufacture, and trade of vehicles. Marketing Sentinel is a free online newspaper packed with exclusive content, news, articles and much more! Its 17.69 kWh Lithium battery gives it a top range is 161 km (100 miles). Kandi Technologies Group Inc (KNDI) stock is down 10.45% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.22% and -0.78%, respectively, in early deals.Coming back to Kandi Technologies Group, Inc. (NASDAQ:KNDI), we note that the average 3-month trading volume was 6.33 Million, while that of the preceding 10-day period stands at 3.21 Million. As of June 29, 2020, Invesco Ltd. held 1.11% of shares outstanding.The other major institutional holder is State Street Corporation, with the holding of over 176.89 Thousand shares as of June 29, 2020. Wednesday, September 2, 2020
They planned to ramp up production for the remaining portion of 2019 and have a non-binding framework agreement with The EX3 debuted on November 1, 2017 as Kandi's first SUV.