[5] The joint venture focused on research, development, production, marketing, and sales of electric vehicles in mainland China.

[10] The partnership resulted in the development of the EX3 model, with Geely providing design input and Kandi handling manufacturing.

The system operated only with Kandi EV all-electric cars, which are available to customers in automated garages that work similar to vending machines.

Leasing is available from US$130 to US$160 per month, which includes insurance, maintenance, and the electric power through swapping batteries at the program garages.

[2] In July 2024, Kandi announced that it had partnered with Lowe's to manufacture a limited-edition set of 32 golf carts with designs featuring National Football League teams.

In December 2024, Kandi appointed Bin Yu as the CEO of SC Autosports, its wholly-owned U.S. subsidiary, as part of a broader initiative to strengthen its presence in the American market and expand in the all-electric vehicle sector.

The company expanded into electric utility terrain vehicles (UTVs) and mini golf carts, broadening its product line in North America.

[19] In November 2020, Hindenburg Research, a short-selling group, released a report accusing Kandi of faking at least 55% of its sales.

[20] On the 7th of December, Kandi's chairman released a response addressing Hindenburg's short seller report.

Kandi had low EV sales in the first quarter of 2019 due to the delay of government subsidies and restructuring of the JV.

They planned to ramp up production for the remaining portion of 2019 and have a non-binding framework agreement with DIDI to deliver 300,000 EVs over the next five years.

In a significant move to enhance its strategic direction, Kandi Technologies Group, Inc. has appointed Bin Yu as the new Chief Executive Officer of SC Autos ports, its wholly-owned subsidiary in the United States.

This appointment, announced on December 2, 2024, is part of Kandi's broader initiative to strengthen its presence in the U.S. market and drive growth in the all-electric vehicle sector.

[29][30] Being the electric version of the Geely Vision X3,[31] it is approved for China's tax exemption on new energy vehicles.

[40] The Kandi K32 is based on the same vehicle body as the Foday Lion F22 pickup truck and was marketed as an all-electric dual motor 4-wheel drive UTV, which is not legal for use on public roads.

The Kandi K32, introduced in November 2021, is based on the Foday Lion F22 pickup truck and is marketed as an all-electric dual-motor, 4WD UTV.

[45] Kandi secured US$105.8 million (754438745.80 Chinese Yuan) financing through the National Economic and Technological Development Zone of Rugao City in May 2017.