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Kandi Technologies Acquires Rawrr Inc. in $23.9 Million Deal

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Kandi Technologies Acquires Rawrr Inc. in $23.9 Million Deal

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Kandi Technologies ( (KNDI) ) has issued an announcement.

On December 5, 2025, Kandi Technologies Group, Inc. announced a share transfer agreement to acquire Rawrr Inc., a California corporation, for $23.9 million. The acquisition, payable in Kandi’s ordinary shares, aims to integrate Rawrr as a subsidiary, enhancing Kandi’s market position and expanding its operational capabilities.

The most recent analyst rating on (KNDI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Kandi Technologies stock, see the KNDI Stock Forecast page.

Spark’s Take on KNDI Stock

According to Spark, TipRanks’ AI Analyst, KNDI is a Neutral.

Kandi Technologies’ overall stock score is primarily impacted by its financial performance and technical analysis. The company faces significant financial challenges, including negative profitability and volatile cash flows, which are compounded by bearish technical indicators. The valuation is also weak due to a negative P/E ratio and lack of dividend yield. While the earnings call highlighted some strategic initiatives, the overall outlook remains cautious.

To see Spark’s full report on KNDI stock, click here.

More about Kandi Technologies

Kandi Technologies Group, Inc. operates in the new energy vehicle industry, focusing on the development and manufacturing of electric vehicles and related technologies. The company is based in Jinhua, Zhejiang Province, China, and is known for its commitment to advancing sustainable transportation solutions.

Average Trading Volume: 107,744

Technical Sentiment Signal: Strong Sell

Current Market Cap: $81.2M

For an in-depth examination of KNDI stock, go to TipRanks’ Overview page.

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