Kandi Technologies Group (NASDAQ:KNDI) is a China-based manufacturer focused on the design, development and production of electric vehicles (EVs), batteries and charging infrastructure. The company offers a range of small, neighborhood electric vehicles (NEVs) under its own brand and supplies key components—including battery packs and electric drive systems—to automotive partners. In addition to vehicle manufacturing, Kandi is engaged in the development and operation of charging stations and battery-swap facilities intended to support EV adoption in urban environments.
Founded in 2002 and headquartered in Jinhua, Zhejiang Province, Kandi began its operations producing all-terrain vehicles (ATVs) and recreational off-road products. Over time, it shifted toward clean-energy transportation solutions. A notable milestone came in 2014, when Kandi launched a pilot electric car-sharing program in partnership with the city of Hangzhou, leveraging its compact NEVs and dedicated charging infrastructure to promote short-distance urban mobility. The success of that initiative underscored Kandi’s capabilities in vehicle design, battery management and networked charging services.
Today, Kandi’s product lineup includes multi-purpose NEVs designed for both private ownership and shared-mobility fleets. The company’s battery technology division develops lithium-ion modules and battery-swap stations, and it has collaborated with municipal authorities and ride-sharing platforms to deploy these solutions across multiple Chinese cities. Kandi’s engineering teams also provide contract manufacturing and technical support for third-party automotive clients seeking to electrify small-format vehicles.
While Kandi’s core markets remain in mainland China, the company has explored export opportunities and joint ventures to expand its global footprint. Under the leadership of Chairman and Chief Executive Officer Hu Xiaoming, Kandi continues to invest in research and development aimed at improving battery efficiency, reducing production costs and enhancing the convenience of its EV charging and swapping networks.
