KandiTechnologies
Kandi Technologies Embraces Offroad EV MarketShares of Kandi Technologies (NASDAQ:KNDI) have been moving steadily lower the past few months and look like they will continue to head lower at least in the near term. The company has been working hard on a transformation that is paying off but is still in its earliest phases and general market conditions are unfavorable at best. The shift is from the traditional EV passenger vehicle market into non-traditional areas such as scooters and other personal transportation devices. Among the most popular are electric scooters for kids and there is a grow...
ValueWalk
After extensive research, Hindenburg has taken a short position in shares of Kandi Technologies.Q3 2020 hedge fund letters, conferences and moreToday we reveal what we believe to be a brazen scheme by China-based, NASDAQ-listed Kandi Technologies Group to falsify revenue using fake sales to undisclosed affiliates.Our investigation included extensive on-the-ground inspection at Kandi’s factories and customer locations in China, interviews with over a dozen former employees and business partners, and review of numerous litigation documents and international public records.We unmasked Kandi’s “un...
ValueWalk
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