Seeking Alpha

Kandi +10.9%; 4,114 EVs sold in Q2

  • Kandi's (NASDAQ:KNDI) 50/50 JV with a Geely subsidiary sold 4,114 Kandi-branded EVs in Q2, a 238% increase from Q1. (PR)
  • The company declares it has "achieved success" for its EV-sharing and group-leasing programs, and suggests the government's decision to waive a 10% sales tax on EVs from Sep. 2014 through the end of 2017 is boosting demand.
  • Full Q1 results arrive on Aug. 14.
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Comments (7)
  • margville
    , contributor
    Comments (31) | Send Message
     
    Oh Baby...Rock On, 'cause I'm Long!!
    14 Jul 2014, 01:41 PM Reply Like
  • stockbuyer2014
    , contributor
    Comments (134) | Send Message
     
    Kandi is very undervalued, sales will continue on higher http://bit.ly/1kW6zf3
    14 Jul 2014, 01:51 PM Reply Like
  • Atharion
    , contributor
    Comments (12) | Send Message
     
    More to come as quarterly earnings are announced in August. Long and strong KNDI.
    14 Jul 2014, 02:25 PM Reply Like
  • tgar13
    , contributor
    Comments (193) | Send Message
     
    Agreed the Government has shone
    With their repeated improvements in subsidies
    And policies to enhance EV adoption that
    They are putting most of their eggs in this basket
    In regards to fighting "Airpocalypse"
    14 Jul 2014, 02:26 PM Reply Like
  • stockbuyer2014
    , contributor
    Comments (134) | Send Message
     
    More from Kandi yet to come people
    17 Jul 2014, 09:22 AM Reply Like
  • JosephCortes
    , contributor
    Comments (834) | Send Message
     
    I dare say that KNDI should soon be between $175.00 and $220.00
    maybe in just a few more of years. Patience will pay.
    My advice.... buy more while still at these low undervalue prices.
    21 Jul 2014, 09:08 PM Reply Like
  • Atharion
    , contributor
    Comments (12) | Send Message
     
    I sure hope you are right.
    12 Feb, 02:03 PM Reply Like
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