KNDI News and Press, Kandi Technologies Group Inc. From 11/13/20

Urovant Sciences (UROV +93% as Sumitovant Biopharma to acquire balance shares for $16.25/share.CBAK Energy Technology (CBAT) +55%.Hall of Fame Resort & Entertainment (HOFV +37% after providing update on the Inaugural NFL Alumni Academy.Li Auto (LI +29% o...

Li Auto (LI) +19.7% premarket on reporting Q3 deliveries growth of 31.1% Q/Q to 8,660 units.Vehicle sales up 28.4% Q/Q to $363M and vehicle margin was 19.8% vs. 13.7% in Q2.Gross margin rate improved 650 bps Q/Q to 19.8%.Operating cash flow +105.8% to $929.8M and Free cash...

JINHUA, China, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that it closed a registered direct offering of 9,404,392 units (the “Units”) of its securities at a purchas...

The Chinese EV sector is having another strong day after XPeng ([[XPEV]] +36.1%) impressed with its Q3 earnings report and expressed confidence on demand in Asia and Europe during the post-earnings conference call. Of note, Xpeng reported a positive gross margin in Q3. "The margin improvement...

China is geared to retain its position as the world’s largest EV manufacturer, with increased production and exports. As the global economy recovers from the pandemic and the trade relationship between the two largest countries in the world is expected to be restored, NIO (NIO) and Kan...

Vehicle sales in China including trucks and buses rose 12.5% Y/Y in October as the industry recovered from the coronavirus. However, the sales were down from September’s 17.4%. Sales in the biggest global auto market surged to 2.6M. Passenger vehicle sales rose 9%, with some autom...

Kandi Technologies (NASDAQ: KNDI) got Kandi-crushed in Tuesday trading, closing the day down 22.7%. The Chinese electric car-maker has a market capitalization of just $328 million, and just announced plans to sell $60 million worth of stock and warrants (to buy stock) in a priva...

Gainers: Greenland Technologies (GTEC) +170%.Revlon (REV) +86%.Summit Wireless Technologies (WISA) +50%.Trxade Group (MEDS) +29%.Inovio Pharmaceuticals (INO) +23%.Xperi Holding (XPER) +21%.Pulse Biosciences (PLSE) +21%.Aptevo Therapeutics (APVO) +21%.Boqii Holding (BQ) +20%.StarTek (SRT)...

Gainers: Boqii Holding (BQ) +28%. Revlon (REV) +18%. Gogo (GOGO) +13%. Escalade (ESCA) +12%. National CineMedia (NCMI) +12%.Losers: Kandi Technologies Group (KNDI) -23%. Beyond Meat (BYND) -20%. MediaAlpha (MAX) -20%. Applied UV (AUVI) -16%. Tuniu (TOUR) -15%. For further details ...

Kandi Technologies Group ([[KNDI]] -18.1%) inked a securities purchase agreement with certain institutional investors for a registered direct placement of $60M of common stock at a price of $6.38/share.The company will issue warrant for the purchase of up to 3.76M shares at an exercise price ...