Kandi Receives Final Payment From Fengsheng Sale
Kandi Technologies Group, Inc. (the "Company," "we" or "Kandi") (NASDAQ GS: KNDI), today announced that it received the final payment from the sale of its 22% equity in Fengsheng
EV Week In Review: Tesla’s China Woes, Giga Berlin to Soon Come Online, Earnings Fail to Lift Nio, Lordstown On Track, Fisker’s Debt Financing and More
The EV space was brimming with activity in the week ended Aug. 13, with fund raising and earnings dominating the headlines.
‘Electric vehicle sales surge in China as Tesla demand tumbles’ -Recent FT Article
https://www.ft.com/content/a778224b-83d4-4679-8ebf-5bdb80e577a3
Kandi Technologies Stock Jumps On Solid Q2 Aided By Strength In EV Scooters
Kandi Technologies Group Inc (NASDAQ:KNDI) reported second-quarter FY21 revenue growth of 54.1% year-on-year, to $29.88 million, beating the analyst consensus of…
Recap: Kandi Technologies Q2 Earnings
Shares of Kandi Technologies Gr (NASDAQ:KNDI) moved higher by 1.2% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were down 33.33% year over year to ($0.08), which beat the estimate of ($0.18).
Kandi Technologies Group Q2 EPS $0.54 Beats $(0.18) Estimate, Sales $29.90M Beat $20.80M Estimate
Kandi Technologies Group (NASDAQ:KNDI) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $(0.18) by 400 percent. This is a 1000 percent increase over losses of $(0.06) per share
Earnings Scheduled For August 9, 2021
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $1.57 per share on revenue of $215.17 million.
Kandi Technologies Shares Spike to Session High As Traders Circulate Xinhua Article Highlighting Recent Communist Party Of China Meeting Where Support For Accelerated Development Of New Energy Vehicles Was Mentioned
https://baijiahao.baidu.com/s?id=1706697925802405588&
UPDATE: Kandi Technologies Also Is a Maker Of E-Bicycles
https://electrek.co/2021/07/26/new-30-tax-credit-for-electric-bicycles-makes-progress-in-us-senate/