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MPA is an overlooked value and growth play, with a bargain upfront price today. The pandemic has allowed for stronger pricing trends, and a huge jump in operating profitability. Steady aftermarket business is combining with new parts sales to EV OEMs to increase margins/returns, p...
China's retail sales of passenger cars rose 25.7% Y/Y to 2.16M vehicles, the strongest growth since September 2016 - China Passenger Car Association.Sales of electric cars expanded 281.4% Y/Y to 158K in January but dropped 23.9% M/M.Retail sales declined 20% in January 2020 and 7% in December...
Global electric car sales records for Dec. 2020 up 105% YoY reaching 6.9% share. Europe sales up 264% YoY reaching 23% share, China sales rose 12% YoY reaching 9.4% share. EV market news - "The electric car future is finally taking off." BNEF -EV sales to surge 60% in 2021. Biden vows...
Shares of Kandi Technologies (NASDAQ: KNDI) rose 29% in January according to data from S&P Global Market Intelligence . The battery and electric vehicle (EV) company's stock climbed thanks to continued momentum for the broader EV space and signs that the business may deliver...
BOSTON, MA / ACCESSWIRE / February 2, 2021 / On November 30, 2020, analyst Hindenburg Research published a report concerning Kandi Technologies Group, Inc. (NASDAQ:KNDI), calling Kandi "a brazen scheme" that "falsif[ied] revenue using fake sales to undisclosed affiliates." Hindenburg said th...
According to Edmunds, EV sales were 1.9% of total retail sales in the U.S. in 2020 and expect this number to grow to 2.5% in 2021."After years of speculation and empty promises, 2021 is actually shaping up to be a pivotal year for growth in the EV sector," said Jessica Caldwell, Edmunds'...
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha, Apple Po...
Shares of Chinese electric-car maker Kandi Technologies (NASDAQ: KNDI) jumped nearly 18% in early trading on NASDAQ Thursday before retracing to something more like a 4% gain as of 10:30 a.m. EST. Investors reacted positively to the company's announcement that "one of it...
Jinhua, China, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that one of its subsidiaries, Kandi Electric Vehicles (Hainan) Co., Ltd. (Kandi Hainan) signed a contract to sell 3,000 mo...
The incoming Biden administration is planning to pump $2 trillion into renewable energy infrastructure and EVs play a big role in a greener future. Shares of largest EVs are still going up even after epic gains in 2020. Nio’s (NYSE:NIO) stock rose about 6 percent on Friday and it is ...
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Kandi Technologies Group Inc. Company Name:
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Kandi Technologies Group Inc (NASDAQ: KNDI) reported a Q3 FY23 sales increase of 8.2% Y/Y to $36.4 million. Gross margin expanded sharply...
Shares of Kandi Technologies (NASDAQ: KNDI) rose 29% in January according to data from S&P Global Market Intelligence . The battery and electric vehicle (EV) company's stock climbed thanks to continued momentum for the broader EV space and signs that the business may deliver...
Shares of Chinese electric-car maker Kandi Technologies (NASDAQ: KNDI) jumped nearly 18% in early trading on NASDAQ Thursday before retracing to something more like a 4% gain as of 10:30 a.m. EST. Investors reacted positively to the company's announcement that "one of it...