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Jinhua, China, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) responded today to a report issued by Hindenburg Research with respect to Kandi and its operations. Hindenburg Research, as it discl...
Shares of several up-and-coming Chinese electric-vehicle makers were trading lower on Monday, after a prominent short-seller accused another Chinese electric-vehicle company, Kandi Technologies (NASDAQ: KNDI) , of recording revenue it hadn't earned. Here's where things stood for...
Gainers: China Automotive Systems (CAAS) +77%.Sundial Growers (SNDL) +63%.Veritone (VERI) +47%.AquaBounty Technologies (AQB) +42%.Marathon Patent Group (MARA) +34%.FSD Pharma (HUGE) +33%.Apollo Endosurgery (APEN) +28%.India Globalization Capital (IGC) +25%.Codiak BioSciences (CDAK) +24%.Riot ...
Shares of Kandi Technologies (NASDAQ: KNDI) plunged 25% this morning after a short-seller report was released. As of 11:50 a.m. EST, shares remain down 20% from Friday's closing price. Shares of several companies in the electric-vehicle (EV) sector were down at the start of toda...
Gainers: China Automotive Systems (CAAS) +65%. AquaBounty Technologies (AQB) +41%. QuantumScape (QS) +17%. GTT Communications (GTT) +15%. Hall of Fame Resort & Entertainment (HOFV) +11%.Losers: Francesca's Holdings (FRAN) -25%. Nikola (NKLA) -24%. Kandi Technologies Group (KNDI)...
A prominent short-selling firm has alleged that Chinese electric-vehicle maker Kandi Technologies (NASDAQ: KNDI) falsified revenue by recording transfers to affiliated companies as sales. Hindenburg Research, the short-seller whose allegations against electric-truck start-up...
Hindenburg Research is out with a negative report on Kandi Technologies ([[KNDI]] -18.4%) and what it claims is a brazen scheme by the company to falsify revenue using fake sales to undisclosed affiliates."Our investigation included extensive on-the-ground inspection at Kandi’s factori...
Loup Ventures estimates that electric vehicle deliveries in China will grow to 3.5M in 2023, 5.1M in 2025 and 13.3M in 2035 if Beijing stays supportive. Loup's breakdown: "As the biggest EV growth market over the next decade, China represents the single largest opportunity for EV makers....
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It's a lazy Friday on the stock markets, as traders sluggishly recover from their tryptophan-induced stupor to place a few last orders before the post-holiday weekend. Even rapidly rising renewable energy stocks are finding it harder to maintain much momentum. Shares of Plug Power (NA...
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Kandi Technologies Group Inc. Company Name:
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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...
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...