Kandi Technologies Group (KNDI) EV Unit Expects to Exceed Q2 Sales Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
Kandi Technologies Expects to Exceed Q2 EV sales Forecast
July 14, 2016 8:32 AM EDTJINHUA, China, July 14, 2016 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (NASDAQ: KNDI), today announced that Kandi Electric Vehicles Group Co., Ltd. (the "JV Company", a 50/50 joint venture between Kandi and Geely Automobile Holdings Ltd.) achieved strong sales results in pure electric vehicles (EVs) in the second quarter ended June 30, 2016 and expects to exceed its previously announced sales forecast of 5,500 to 6,000 EV products by approximately 10%.
Mr. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi, commented, Since the publish of the approved Directory of new energy vehicles from State... More
