Kandi Technologies Subsidiary Enters Strategic Cooperation Agreement with CATL
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 29 2026
0mins
Kandi Technologies announced that its wholly-owned subsidiary, China Battery Exchange Technology, has entered into a three-year strategic cooperation agreement with Times Qiji Green Energy Technology, a subsidiary of Contemporary Amperex Technology. Under the agreement, the parties will engage in cooperation regarding the implementation of mass-production projects for heavy-truck battery swap stations, as well as related after-sales services and ongoing operations and maintenance support. Pursuant to the agreement, China Battery Exchange will serve as a strategic supplier to Qiji Energy. In this capacity, it will drive the solution layout, equipment selection, and manufacturing of mechanical and control systems for heavy-truck battery swap stations. In addition, China Battery Exchange will provide integrated delivery and after-sales services throughout the equipment warranty period, including spare parts support, maintenance, servicing, training, trial operations, and other end-to-end delivery and support services. Previously, China Battery Exchange entered CATL's global supplier ecosystem.
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Analyst Views on KNDI
About KNDI
Kandi Technologies Group Inc is a China-based investment holding company mainly engaged in vehicle manufacturing. The Company's main businesses include designing, developing, manufacturing and commercializing electric vehicle (EV) products and EV parts. The Company is also engaged in applying EV technology to off-road vehicle products and launching a variety of pure electric utility vehicles (UTV), Neighborhood EVs (NEVs), Golf carts and off-road crossover vehicles. The Company mainly operates its businesses in the domestic market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Kandi Technologies Participates in 2026 Battery Swapping Conference
- Strengthened Industry Position: Kandi Technologies participated as a core equipment supplier at CATL's 2026 Battery Charging and Swapping Supplier Conference in Xiamen, underscoring its significant partnership role within CATL's core battery swap ecosystem and further solidifying its long-term strategic collaboration with CATL.
- Executive Dialogue: Kandi's Chairman, Mr. Xueqin Dong, and China Battery Exchange's General Manager, Ms. Ying Dong, engaged in a senior executive roundtable with CATL's leadership, discussing critical topics such as equipment technology advancements and supply chain optimization, demonstrating the depth of their cooperative relationship.
- Market Outlook: CATL projects that the NEV energy replenishment market will evolve into a stable structure with home charging, public charging, and battery swapping as three pillars, targeting the establishment of 30,000 passenger vehicle battery swap stations and 100,000 ultra-fast charging facilities, indicating substantial market potential.
- Strategic Synergy: Kandi plans to align closely with CATL's national station deployment pace and standardization framework, leveraging its advanced battery swap equipment R&D capabilities to actively capture growth opportunities presented by industry expansion, contributing to the high-quality development of China's charging and swapping infrastructure.
See More
Kandi Technologies Receives Nasdaq Warning for Low Share Price
- Nasdaq Warning: Kandi Technologies received a warning from Nasdaq for trading below the $1 minimum bid price for 30 consecutive business days, indicating financial strain and diminished market confidence, which could negatively impact investor expectations for future performance.
- Compliance Deadline: The company has until November 2, 2026, to regain compliance by maintaining its share price above $1 for 10 consecutive days, necessitating urgent measures to avoid delisting risks.
- Trading Continuity: Despite the warning, KNDI shares will continue to trade on Nasdaq during the compliance period, providing the company with time to implement necessary strategies to restore its stock price and mitigate further impacts on its financing capabilities.
- Potential Measures: Kandi may consider transferring to the Nasdaq Capital Market and executing a reverse stock split to avoid delisting, indicating the company's proactive approach to maintaining its market position and investor confidence.
See More
Kandi Technologies Reports Significant Revenue Decline in FY Results
- Poor Financial Performance: Kandi Technologies reported a FY Non-GAAP EPS of -$1.14, indicating significant challenges in profitability and reflecting a deterioration in its financial health.
- Significant Revenue Decline: The company reported revenue of $87.4 million, a 31.5% year-over-year decrease, which could negatively impact its market share and future growth potential.
- Market Reaction Expectations: Given the poor financial performance, investors may adopt a cautious outlook on Kandi Technologies' future, potentially affecting its stock price performance and financing capabilities.
- Need for Strategic Adjustment: In light of the current financial difficulties, the company may need to reassess its business strategy to address market challenges and restore profitability.
See More
Kandi Technologies Schedules 2025 Earnings Call
- Earnings Release Schedule: Kandi Technologies will report its full-year 2025 financial results on April 28, 2026, before the U.S. market opens, providing critical financial data to assess the company's performance.
- Conference Call Timing: Management will hold a conference call at 8:00 A.M. U.S. Eastern Time on April 28, 2026, or 8:00 P.M. Beijing Time, to discuss the financial results, enhancing communication with investors.
- Dial-in Information Provided: The conference call will include a toll-free dial-in number and an international dial-in number, ensuring global investors can easily participate, thereby increasing transparency.
- Webcast Availability: The call will be available via live webcast, with both live and archived versions accessible on the company's investor relations website, further promoting information dissemination and sharing.
See More
Kandi Partners with HawkRobo to Launch KH Robotics
- Joint Venture Formation: Kandi Technologies has entered into a strategic partnership with HawkRobo to establish KH Robotics, with Kandi holding a controlling 70% stake, aimed at accelerating the commercialization of autonomous quadruped security robots in the North American market, which is expected to significantly enhance the company's competitive edge in the rapidly growing security sector.
- Leadership Appointment: Oliver Zhang, a former executive at Hikvision North America, has been appointed as CEO, leveraging his extensive experience and industry connections in the North American security market to drive KH Robotics' market expansion and solution commercialization, thereby enhancing the company's market penetration capabilities.
- Technological Integration Advantage: KH Robotics will combine Kandi's intelligent manufacturing capabilities with HawkRobo's advanced AI algorithms to deliver intelligent security solutions featuring autonomous patrol and multimodal environmental perception, expected to meet the increasing demand for intelligent surveillance in complex industrial settings.
- Market Deployment Plan: KH Robotics plans its first major deployment in logistics parks, with commercial readiness and initial customer deliveries anticipated in 2026, marking a key milestone in Kandi's ongoing transformation into a technology-driven enterprise and global expansion.
See More
Kandi Technologies Forms Strategic Partnership with CATL
- Strategic Partnership: Kandi Technologies' wholly-owned subsidiary has signed a three-year cooperation agreement with a subsidiary of CATL, aimed at strengthening Kandi's position in heavy-duty electric vehicle energy systems and advancing battery swapping infrastructure.
- Battery Swap Station Deployment: The collaboration focuses on the large-scale deployment of battery swap stations across China, targeting approximately 900 stations by 2026 to meet the battery replacement needs of heavy trucks and enhance charging efficiency.
- Operational Support Role: Kandi's subsidiary will act as a strategic supplier, overseeing system design, equipment selection, and manufacturing of mechanical and control components, while also providing integrated delivery services during warranty periods, including maintenance and training.
- Market Outlook: Kandi Technologies' CEO stated that this partnership marks a significant milestone in the development of their battery swapping business, indicating the potential for a new energy transportation ecosystem, despite KNDI stock having lost over 8% in the past year.
See More
Kandi Technologies Participates in 2026 Battery Swapping Conference
- Strengthened Industry Position: Kandi Technologies participated as a core equipment supplier at CATL's 2026 Battery Charging and Swapping Supplier Conference in Xiamen, underscoring its significant partnership role within CATL's core battery swap ecosystem and further solidifying its long-term strategic collaboration with CATL.
- Executive Dialogue: Kandi's Chairman, Mr. Xueqin Dong, and China Battery Exchange's General Manager, Ms. Ying Dong, engaged in a senior executive roundtable with CATL's leadership, discussing critical topics such as equipment technology advancements and supply chain optimization, demonstrating the depth of their cooperative relationship.
- Market Outlook: CATL projects that the NEV energy replenishment market will evolve into a stable structure with home charging, public charging, and battery swapping as three pillars, targeting the establishment of 30,000 passenger vehicle battery swap stations and 100,000 ultra-fast charging facilities, indicating substantial market potential.
- Strategic Synergy: Kandi plans to align closely with CATL's national station deployment pace and standardization framework, leveraging its advanced battery swap equipment R&D capabilities to actively capture growth opportunities presented by industry expansion, contributing to the high-quality development of China's charging and swapping infrastructure.
See More
Kandi Technologies Receives Nasdaq Warning for Low Share Price
- Nasdaq Warning: Kandi Technologies received a warning from Nasdaq for trading below the $1 minimum bid price for 30 consecutive business days, indicating financial strain and diminished market confidence, which could negatively impact investor expectations for future performance.
- Compliance Deadline: The company has until November 2, 2026, to regain compliance by maintaining its share price above $1 for 10 consecutive days, necessitating urgent measures to avoid delisting risks.
- Trading Continuity: Despite the warning, KNDI shares will continue to trade on Nasdaq during the compliance period, providing the company with time to implement necessary strategies to restore its stock price and mitigate further impacts on its financing capabilities.
- Potential Measures: Kandi may consider transferring to the Nasdaq Capital Market and executing a reverse stock split to avoid delisting, indicating the company's proactive approach to maintaining its market position and investor confidence.
See More
Kandi Technologies Reports Significant Revenue Decline in FY Results
- Poor Financial Performance: Kandi Technologies reported a FY Non-GAAP EPS of -$1.14, indicating significant challenges in profitability and reflecting a deterioration in its financial health.
- Significant Revenue Decline: The company reported revenue of $87.4 million, a 31.5% year-over-year decrease, which could negatively impact its market share and future growth potential.
- Market Reaction Expectations: Given the poor financial performance, investors may adopt a cautious outlook on Kandi Technologies' future, potentially affecting its stock price performance and financing capabilities.
- Need for Strategic Adjustment: In light of the current financial difficulties, the company may need to reassess its business strategy to address market challenges and restore profitability.
See More
Kandi Technologies Schedules 2025 Earnings Call
- Earnings Release Schedule: Kandi Technologies will report its full-year 2025 financial results on April 28, 2026, before the U.S. market opens, providing critical financial data to assess the company's performance.
- Conference Call Timing: Management will hold a conference call at 8:00 A.M. U.S. Eastern Time on April 28, 2026, or 8:00 P.M. Beijing Time, to discuss the financial results, enhancing communication with investors.
- Dial-in Information Provided: The conference call will include a toll-free dial-in number and an international dial-in number, ensuring global investors can easily participate, thereby increasing transparency.
- Webcast Availability: The call will be available via live webcast, with both live and archived versions accessible on the company's investor relations website, further promoting information dissemination and sharing.
See More
Kandi Partners with HawkRobo to Launch KH Robotics
- Joint Venture Formation: Kandi Technologies has entered into a strategic partnership with HawkRobo to establish KH Robotics, with Kandi holding a controlling 70% stake, aimed at accelerating the commercialization of autonomous quadruped security robots in the North American market, which is expected to significantly enhance the company's competitive edge in the rapidly growing security sector.
- Leadership Appointment: Oliver Zhang, a former executive at Hikvision North America, has been appointed as CEO, leveraging his extensive experience and industry connections in the North American security market to drive KH Robotics' market expansion and solution commercialization, thereby enhancing the company's market penetration capabilities.
- Technological Integration Advantage: KH Robotics will combine Kandi's intelligent manufacturing capabilities with HawkRobo's advanced AI algorithms to deliver intelligent security solutions featuring autonomous patrol and multimodal environmental perception, expected to meet the increasing demand for intelligent surveillance in complex industrial settings.
- Market Deployment Plan: KH Robotics plans its first major deployment in logistics parks, with commercial readiness and initial customer deliveries anticipated in 2026, marking a key milestone in Kandi's ongoing transformation into a technology-driven enterprise and global expansion.
See More
Kandi Technologies Forms Strategic Partnership with CATL
- Strategic Partnership: Kandi Technologies' wholly-owned subsidiary has signed a three-year cooperation agreement with a subsidiary of CATL, aimed at strengthening Kandi's position in heavy-duty electric vehicle energy systems and advancing battery swapping infrastructure.
- Battery Swap Station Deployment: The collaboration focuses on the large-scale deployment of battery swap stations across China, targeting approximately 900 stations by 2026 to meet the battery replacement needs of heavy trucks and enhance charging efficiency.
- Operational Support Role: Kandi's subsidiary will act as a strategic supplier, overseeing system design, equipment selection, and manufacturing of mechanical and control components, while also providing integrated delivery services during warranty periods, including maintenance and training.
- Market Outlook: Kandi Technologies' CEO stated that this partnership marks a significant milestone in the development of their battery swapping business, indicating the potential for a new energy transportation ecosystem, despite KNDI stock having lost over 8% in the past year.
See More
