Kandi Technologies (KNDI) announced that it has entered into an equity transfer agreement to acquire 100% of Rawrr, an electric off-road motorcycle brand in the United States. The agreement was executed on December 5. The company said this strategic acquisition reinforces Kandi’s foothold in the North American sustainable mobility market and marks a pivotal milestone in the company’s long-term multi-brand expansion strategy.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNDI: