Kandi surges on document purportedly certifying vehicles in California

Kandi Technologies (KNDI +9.5%) shares spike on a document that purportedly shows the Chinese EV-maker has received certification from the California EPA for its vehicles. A caveat: the document appears to have been signed in Oct.

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Comments (6)
  • pat45
    , contributor
    Comments (470) | Send Message
    Thought they sold ev unit to joint venture
    8 Jan 2014, 02:37 PM Reply Like
  • Mark T. Phillips
    , contributor
    Comments (582) | Send Message
    This is for ATVs and off-road vehicles (such as Go-Karts). Good news but probably of less significance than most investors think.


    Kandi sold ~$13.4 million in ATVs and Go-Karts in Q3 2013.
    8 Jan 2014, 02:56 PM Reply Like
  • PlanetThoughts
    , contributor
    Comments (55) | Send Message
    I believe the joint venture shares in the EV rental program (only), and they fully own the cars for leasing and sale operations.
    8 Jan 2014, 02:55 PM Reply Like
  • RockyMtnHiiigh
    , contributor
    Comments (201) | Send Message
    Settle down everyone....... Kandi has been selling Go-Karts and ATV in the US for about ten years now. If you look at the document from California - it very clearly states that this is approval for Kandi to sell an Off-Highway Recreational vehicle, the Vehicle Category says that this is an (ATVA) - All Terrain Vehicle. I don't think Kandi will be selling EV's in the states for a couple of years anyway.
    8 Jan 2014, 02:56 PM Reply Like
  • Miro Kefurt
    , contributor
    Comments (885) | Send Message
    150 cc engine no less, completely insignificant event.
    8 Jan 2014, 04:00 PM Reply Like
  • stocazzo
    , contributor
    Comment (1) | Send Message
    what the fututre of the comany
    8 Jan 2014, 08:04 PM Reply Like
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