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In 2023, Kandi reported a net revenue of $123.6 million, marking its highest revenue in three years and signalling a return to profitability. The company expanded into electric utility terrain vehicles (UTVs) and mini golf carts, broadening its product line in North America. [19]
The electric system of the Kandi K23 is made of a battery with a capacity of 41.4 kWh, which provides a maximum range of up to 280 kilometers per charge. [2] Replenishing the full condition of the batteries takes about 7.5 hours.
The electrical system of the Kandi K12 has identical parameters compared to the larger K10 model. It is created by a battery with a capacity of 20 kWh, which, together with the electric motor, provides 47 hp and a range on a single charge of 153 kilometers.
The Kandi Coco or KD08E was a small electric vehicle first available in the US in 2009, built by Kandi Technologies. [1] For a short time, this vehicle was available with a large US tax credit and an additional tax credit in the state of Oklahoma , bringing the take-home cost of the vehicle to under US$1000. [ 2 ]
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The Kandi K27 is the first vehicle in the company's history to be sold in the United States along with the larger K23 outside the Chinese market.As a result, federal tax breaks, at $12,299 for the cheapest copy, the K27 is the cheapest new electric car to buy in the country.