Kandi Technologies Competitors and Similar CompaniesClear all
Kandi Technologies's competitors and similar companies include BorgWarner Automotive Components Wuhan, NIU Technologies, Punch Powertrain, Forsee Power, SVOLT Energy Technology, Tesla, YASA and Youxia Motors.
 Kandi Technologies Kandi Technologies Group (also known as KNDI) is a company that researches, develops, manufactures, and sells electric vehicles (EVs), electric off‑road vehicles, and related EV components. |  BorgWarner Automotive Components Wuhan BorgWarner Automotive Components Wuhan (博格华纳汽车零部件（武汉）有限公司) is a company that manufactures hybrid and electric vehicle propulsion systems. |  Punch Powertrain Punch Powertrain is a company that manufactures and supplies powertrain solutions for automotive manufacturers. |  SVOLT Energy Technology SVOLT Energy Technology (蜂巢能源科技股份有限公司) is a company specializing in the research, development, production, and sales of energy storage and battery solutions. |  Tesla Tesla is a diversified company that designs, develops, manufactures, and sells electric vehicles and energy generation and storage systems. |  YASA YASA (formerly YASA Motors) is a company that develops and manufactures axial flux electric motors. | ||||
Founding Date | Founding Date 2002 | Founding Date 2018 | Founding Date 2014 | Founding Date 1972 | Founding Date 2011 | Founding Date 2018 | Founding Date 2003 | Founding Date 2009 | Founding Date 2014 |
Type | Type Subsidiary | Type Subsidiary | Type Public | Type Private | Type Public | Type Subsidiary | Type Public | Type Subsidiary | Type Private |
Tags | |||||||||
Locations | Locations Jinhua, CN HQ Haikou, CN Jinhua, CN Dallas, US | Locations Wuhan, CN HQ | Locations Changzhou Shi, CN HQ | Locations Sint-Truiden, BE HQ Sint Truiden, BE Nanjing, CN Ningbo Shi, CN Clermont Ferrand, FR Lehre, DE Pune, IN see more | Locations Paris, FR HQ Zhongshan, CN Chasseneuil Du Poitou, FR Dardilly, FR Yokohama, JP Heiloo, NL Ligota Piękna, PL see more | Locations Yarnton, GB HQ | Locations Shanghai, CN HQ | ||
Employees | Employees 840 | Employees 500 | Employees 64217% increase | Employees 6122% decrease | Employees 732 | Employees 16,000416% increase | Employees 134,7857% increase | Employees 3861% decrease | Employees 500 |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 184.7 m | Valuation ($) N/A | Valuation ($) 50.2 m | Valuation ($) N/A | Valuation ($) 681.1 b | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||||||
Revenue (est.) | Revenue (est.) $123.6m (FY, 2023) | Revenue (est.) N/A | Revenue (est.) ¥4.3b (FY, 2025) | Revenue (est.) €51.8m (FY, 2021) | Revenue (est.) €151.8m (FY, 2024) | Revenue (est.) ¥4.5b (FY, 2021) | Revenue (est.) $94.8b (FY, 2025) | Revenue (est.) £103m (FY, 2024) | Revenue (est.) N/A |
Cost of goods | Cost of goods $82.2m (FY, 2023) | Cost of goods N/A | Cost of goods ¥3.4b (FY, 2025) | Cost of goods €71.6m (FY, 2021) | Cost of goods €100.2m (FY, 2024) | Cost of goods ¥4.3b (FY, 2021) | Cost of goods $77.7b (FY, 2025) | Cost of goods £81.3m (FY, 2024) | Cost of goods N/A |
Gross profit | Gross profit $41.4m (FY, 2023) | Gross profit N/A | Gross profit ¥883.6m (FY, 2025) | Gross profit (€19.8m) (FY, 2021) | Gross profit €51.6m (FY, 2024) | Gross profit ¥165.3m (FY, 2021) | Gross profit $17.1b (FY, 2025) | Gross profit £21.7m (FY, 2024) | Gross profit N/A |
Net income | Net income $1.7m (FY, 2023) | Net income N/A | Net income (¥39.4m) (FY, 2025) | Net income (€92.5m) (FY, 2021) | Net income (€12.1m) (FY, 2024) | Net income (¥1.2b) (FY, 2021) | Net income $3.9b (FY, 2025) | Net income (£11.1m) (FY, 2024) | Net income N/A |
Operating ⚠ | |||||||||
Patents Issued | Patents Issued 200 (FY, 2021) | Patents Issued N/A | Patents Issued 176 (Q2, 2018) | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A | Patents Issued N/A |
Trademarks | Trademarks N/A | Trademarks N/A | Trademarks 85 (Q2, 2018) | Trademarks 15 (Mar, 2023) | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A |
Funding | |||||||||
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 20m | Total funding raised N/A | Total funding raised $ 64.6m | Total funding raised N/A | Total funding raised $ 11.1b | Total funding raised $ 55.6m | Total funding raised $ 1.3b |
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