New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
September 19, 2013
10:57 EDTKNDIKandi jumps after detailing China's electric vehicle subsidies
Chinese electric vehicle maker Kandi Technologies (KNDI) is rallying after the company announced that the Chinese government had instituted new subsidies for electric vehicles. WHAT'S NEW: Under the plan, the Chinese government will provide about $9,800 in subsidies towards the purchase of all-electric passenger vehicles and about $81,700 in subsidies towards the purchase of electric buses, Kandi stated. The subsidy payments will be distributed to the manufacturers on a quarterly basis in advance and the subsidies will then be paid by the manufacturers directly to the consumers, Kandi added. "The pure electric vehicle is still the main focus in the policy, which will be very beneficial to a variety of Kandi's pure (electric vehicle) projects," said Kandi CEO Xiaoming Hu. TODAY'S PRICE ACTION: In mid-morning trading, KAndi jumped 90c, or 16.5%, to $6.40.
News For KNDI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 11, 2014
07:32 EDTKNDIKandi Technologies volatility low into corporate analyst meeting
Kandy Technologies overall option implied volatility of 69 compares to its 26-week average of 73 according to Track Data, suggesting decreasing price movement into a corporate analyst meeting.
November 10, 2014
16:44 EDTKNDIOn The Fly: Closing Wrap
Subscribe for More Information
09:43 EDTKNDIKandi Technologies reports Q3 EPS 12c vs. (87c) last year
Reports Q3 revenue $44.21M vs. $17.15M last year. The company said, "The Car-Share Program has been highly recognized and well received by the customers, we believe our EV business model will be expanded to more EV pilot cities in China. We are also thrilled with our recent partnership with Ant Financial Services Group to launch Alipay, including Alipay Wallet services and technology platform, to Kandi's EV end users. We hope to raise the market awareness of the Kandi brand through the 300 million registered Alipay users."

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use