Kandi to Discuss U.S. Strategy in Water Tower Research “Fireside Chat”
September 24 2020 - 2:57PM
Water Tower Research (“WTR”) announced today that its veteran
ClimateTech & Sustainable Investing analyst Shawn Severson will
feature Kandi America as part of its ongoing “Fireside Chat”
research series. The Fireside Chat series enables investors
to dive deeper on specific subjects impacting companies.. The
Fireside Chat series, as well as other WTR research and events, are
open to the public; registration information is below.
On September 29 at 12:00 pm EDT, Severson will interview Kandi
America CEO Johnny Tai about its strategy to enter the U.S.
market. Kandi America is a wholly-owned subsidiary of Kandi
Technologies (NASDAQ GS: KNDI), one of the leaders in electric
vehicles in China. Entitled A Conversation with Chinese EV
Leader Kandi on Their Entry into the US Market, Tai will elaborate
on Kandi’s newly introduced EVs, and how it intends to build its
marketing and distribution network in the U.S. In August,
Kandi hosted a virtual launch event that kicked off its U.S. market
initiative with the theme of “Auto EVolution for All”.
Interested investors should register at:
https://globalmeet.webcasts.com/viewer/event.jsp?ei=1375492&tp_key=2aafae1d4a.
About Water Tower Research
The mission of Water Tower Research is to bridge the information
gap between companies and investors, while reaching a much broader
and diverse group of investors in comparison to the traditional and
challenged equity research model. WTR provides “Research for
the Other 99%®” on a platform powered by Wall Street veterans who
are knowledgeable and experienced. WTR analysts help
investors to understand key strategies, industries, technologies,
and drivers impacting companies under coverage, as well as their
peers. Water Tower Research uses a broad portfolio of tools
to communicate with investors, including a traditional research
platform, as well as innovative and proactive products and digital
strategies, thus providing valuable and consistent information
flow.
About Kandi Technologies Group, Inc.
Kandi Technologies Group, Inc. (KNDI), headquartered in Jinhua
Economic Development Zone, Zhejiang Province, is engaged in the
research, development, manufacturing, and sales of various
vehicular products. Kandi conducts its primary business operations
through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co.,
Ltd. ("Kandi Vehicles") and its subsidiaries including Zhejiang
Kandi Smart Battery Swap Technology Co., Ltd, SC Autosports, LLC
(d/b/a Kandi America), the wholly-owned subsidiary of Kandi in the
United States and Fengsheng Automobile Technology Group Co., Ltd
(formerly known as Kandi Electric Vehicles Group Co., Ltd., the
“Affiliate Company”). Kandi Vehicles has established itself as one
of China's leading manufacturers of pure electric vehicle parts and
off-road vehicles.
In 2013, Kandi Vehicles and Geely Group, China's leading
automaker, jointly invested in the establishment of the Affiliate
Company in order to develop, manufacture and sell pure electric
vehicle ("EV") products. Geely Group (including its affiliate) and
Kandi Vehicles currently holds 78% and 22% of the equity interests
in the Affiliate Company, respectively. The Affiliate Company has
established itself as one of the driving forces in the development
and the manufacturing of pure EV products in China.
More information about KNDI is available on the Company's
corporate website at http://www.kandivehicle.com. The Company
routinely posts important information on its website.Contacts:
Safe Harbor Statement
This press release contains certain statements
that may include "forward-looking statements." All statements other
than statements of historical fact included herein are
"forward-looking statements." These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions, involving known and
unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including the risk factors discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on the SEC's website (http://www.sec.gov).
All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their
entirety by these risk factors. Other than as required under the
securities laws, the Company does not assume a duty to update these
forward-looking statements.
Follow us on Twitter: @ Kandi_Group
Water Tower Research+1 (312)
283-7534info@watertowerresearch.com
Kandi Technologies Group, Inc.Ms. Kewa Luo +1 (212) 551-3610
IR@kandigroup.com
The Blueshirt Group
Mr. Gary Dvorchak, CFA+1 (323) 240-5796
gary@blueshirtgroup.com
Ms. Susie Wang susie@blueshirtgroup.com
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