KNDI

Jinhua, China, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ GS: KNDI), a global innovator in intelligent equipment and a technology-driven platform company, announced that it expects to implement a 1-for-10 reverse stock split, or consolidation of its ordinary shares, par value of $0.001 per share (the “Ordinary Shares”), effective at the opening of market on Friday, October 16, 2026 (the “Reverse Stock Split”). Trading of the Company's Ordinary Shares will begin on a split-adjusted basis at the market open on that date. Prior to the effectiveness of the Reverse Stock Split, the Company has 103,002,499 Ordinary Shares issued and outstanding, which includes 2,077,134 shares the Company repurchased in the year of 2024. Trading in the Ordinary Shares on a split-adjusted basis will continue on the Nasdaq Global Select Market under the symbol “KNDI.” The new CUSIP number for the Ordinary Shares following the Reverse Stock Split is G5214E111.

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Kandi Technologies Group, Inc. (KNDI) Q2 2026 Earnings Call Prepared Remarks Transcript

Kandi Technologies Group NASDAQ: KNDI reported first-half 2026 revenue growth of 57.4% as higher off-road vehicle sales and contributions from its newly acquired Rawrr electric motorcycle business helped return the company to operating profitability.

Earnings Call Scheduled for 8:00 A.M. U.S. ET on September 28, 2026 JINHUA, China, Sept.

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The Chinese-owned automaker told dealers it is still trying to understand why it is being banned from the U.S. market.

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The average transaction price for EVs was $56,126 in July, according to Kelley Blue Book. That's a 1.6% increase compared to July 2025.