What are Kandi Technologies Group Inc's Business Segments?
Our products include EV parts, EV products, and off-road vehicles including
ATVs, utility vehicles (“UTVs”), go-karts, and others. According
to our market research on consumer demand trends, we have adjusted our production
line strategically and continued to develop and manufacture new EV products
in an effort to meet market demands and better serve our customers.
Among the total EV parts sales, approximately 83.5% or the majority of the
sales were related to the sales of battery packs. Due to various Chinese auto
industry regulations, we hold the necessary production license to manufacture
battery packs to be exclusively used in the EV products manufactured by the
JV Company under the Kandi brand.
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