Kandi Technologies (KNDI) announced that its manufacturing facility in Garland, Texas has officially commenced operations. The first electric golf cart assembled in the U.S. has come off the production line, representing a major milestone in Kandi’s “Made in North America” initiative and a key advancement in the Company’s U.S. expansion strategy. “The launch of our Texas facility positions Kandi among the few manufacturers of all-electric off-road vehicles to achieve localized production in North America,” said Feng Chen, CEO of Kandi Technologies.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNDI:
- Kandi Technologies Reports 2024 Financial Performance
- Kandi Technologies’ Earnings Call Highlights Growth and Expansion
- Kandi Technologies reports FY24 EPS (59c) vs 2c last year
- CBAK Energy, Kandi partner to localize lithium battery facilities in the U.S.
- Kandi Technologie, CBAK Energy announce strategic partnership