Kandi Technologies to acquire Rawrr, terms undisclosed

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.