Kandi Technolgies Corp (KNDI) Behind The ‘Kandi Machine’ China’s …

14 Июн 2014 | Author: | Комментарии к записи Kandi Technolgies Corp (KNDI) Behind The ‘Kandi Machine’ China’s … отключены
Great Wall C20R EV

Behind The Kandi Machine : s Sweet EV Solution

As a young, investor, like many who read this article, I no credentials of a stock market accountant or investment guru. But as an follower of Wall Street Peter Lynch, theories as:

If you do buy co mmon stocks, make you understand the company and have a to believe that it is going to and have larger profits in the You should visit the company’s outlets (if any), read of its products, check to make it has stable management, and talk to who are the company’s natural custome rs.

I to share with you an investment in a small un-researched company I discovered while working on my day job as an video documentary producer. A background first.

In 2010, by President Barack Obama’s for a green economy I started into green technology. I worked in media over the decade including for the NewsHour Jim Lehrer and on documentary projects for the Geographic Channel, doing in many locations around the I thought the green economy be one of the important stories of the 21st

I began looking at fledgling unknown public companies might offer a viable for a green economy and a great The green economy was such a big and concept I began to focus on transportation. I was initially interested in the reality of electric vehicles. when I, as most Americans of electric cars the thought of and its amazing progress first to mind. NASDAQ listed (TSLA ) and its beautiful electric have unquestionably led the buzz the industry.

While the darling of both EV and Wall Street, Tesla faced the considerable obstacles any vehicle company needed to namely vehicle cost, issues, parking, and charging

To start my investigative journey, I to take small positions in technology companies to monitor growth. But I decided against a in Tesla not because it did not have to be a great company, but because business model at the time was on selling high-end cars to a consumer base born and on a flourishing internal combustion ICE infrastructure. I understood they sell cars, but felt it be largely a novelty item to individuals. Tesla’s recent show there is a market for car, but the high cost of cars still caters to an top few percent demographic.

Still, success has been an important for electric vehicle recognition in the media.

In the course of my research I some articles by Seeking mega-writer, John Petersen a Pure EV detractor). I took up a small position in Axion (OTC:AXPW ), a provider of start/stop for car batteries. But I also discovered Technologies Group (KNDI ), the Pure EV endorsement of a manufacturer in all of writings; which amazingly, was a company listed on NASDAQ.

It was the approaches that Kandi’s Xiaoming Hu, took to tackling the issues facing electric that led me to take a small and add it to my list of green tech I was following. A unique eye-catching developed and patented by KNDI was the quick battery exchange addressed the all-important range issues. The batteries can be exchanged robotically in one minute. or manually a mobile unit in two minutes .

Kandi Proprietary Quick Exchange with State Developed Robots

The side-slide battery exchange also the battery to be leased or provided for negating the expensive battery for consumers and significantly lowering the of the car. This allows the of the batteries and their maintenance to be by either a leasing company or utility or both, allowing battery power to be used by the in a modified Vehicle to Grid or Battery to Grid (B2G) for Grid Stabilization. Not surprisingly, the past year or so, TSLA has address the battery/range issue its own form of Quick Battery similar to what KNDI developed and patented in 2003.

to enlarge)

Close-up of Tesla’s Battery Exchange in Action.

Kandi, the City of Hangzhou (10 population), State Grid. largest electric utility over one billion of the population) and a of battery and auto leasing are finishing a test turnkey program in Hangzhou. The leasing allows a qualified consumer to a Kandi EV for up to three years all expenses included, even and unlimited battery exchanges for a fee of US$145 per month. Now that the National EV subsidy program is expansion of the program in Hangzhou to Kandi EV’s is expected to be shortly.

When I looked I came across a Pew Research discussing green technology and the that China is currently the United States in this For good reason, the international has documented how China’s cities are in toxic haze. China’s to address their pollution was indicator to me that Kandi receive continued Chinese support in their EV initiatives.

China, a country of 1.35 people, and largest importer of has also become the World’s car producer and the largest new car market. car ownership in China reached 120 by the end of 2012. It’s estimated at its current growth rate car ownership will top 200 million in by 2020.

The ownership rate in is still only at 85 cars per people. Compare that to the US it is 797 per 1000 people. As the rate of in China continues to increase to the worldwide average of 120 per 1000, likely that it will in massive environmental problems and the world’s crude oil supply.

For reasons and others, China has set a of 5 million electric vehicles on the by 2020 and in September this provided US$66 Billion in vehicle subsidies for the next years. Check out this Report from 2012 on vehicles in China.

Over the three years of following my economy stocks, with crashing and burning, I noticed starting to emerge as a viable for electric cars in a country desperately needs this However, it wasn’t until the of their first public EV CarShare garage earlier year that I considered to China to further my work. The media reports were Kandi’s new electric car garage and to me it an enormous vending machine for cars. I thought immediately this was a novel and elegant

I had to see it for myself.

First Operational Machine

With both and outside support, Kandi’s is to build 750 of these garages in the of Hangzhou over the next years through a 50-50 venture with Geely China’s largest passenger This effort will about 100,000 Kandi vehicles. This model is for other cities and regions Shanghai.

Great Wall C20R EV

Shandong. Hainan and as of yesterday, Province. Two garages were completed in Hangzhou over the two months and another 18 are currently construction as of two weeks ago.

a list of the sites and size of the 26. (click the Bianjiang tab on that web to pull up the list).

To meet its goals Kandi has increased its EV manufacturing capacity to a current cars per year, with a of that capacity on the drawing for completion by 2017.

The Kandi EV CarShare concept is based on bikeshare. the largest bikeshare in the and the first of its kind in China. The has since spread from to 19 Chinese cities including and Beijing. What you will see in the below is the vast number of not bicycles on the road, but as was pointed out in an Seeking Alpha article came out a year ago titled Percentage Of The 120M China EV Owners Will Kandi Convert ?, an amazing number of bikes and scooters.

Many converts for Kandi’s various and vehicles.

What is most is the cost-effectiveness of Kandi’s EV CarShare (20 for an hour, or US$3.28) making car transportation affordable and accessible to the It has more flexibility and lower than a taxi and the privacy and of a private car while being an solution for car use. It also drivers the ability to get off their out of the elements, into cars and to large items like TVs and to help spur the Chinese Initial reports in the Chinese from EV CarShare customers been positive .

As I mentioned above, I am no stock so I suggest anyone interested in the should review the Company’s SEC at this link. read press releases at this and read some of the more Seeking Alpha articles on by investors more sophisticated I. But to help put in perspective what the of the anticipated sales I reference based on information attained a visit, the below table a general idea what the revenue generation potential for of the PRC subsidy approved vehicles are involved in the current two programs The Hangzhou Long Lease mentioned above is anticipated to 20,000 Kandi cars JNJ 6290 EVs with some being the four door Venture JL7001BEV Panda. In program the EV’s are sold the battery as these EVs are used the free unlimited Quick Exchange feature. The CarShare expected to reach 100,000 over the next four in Hangzhou alone, are sold the batteries which are purchased by and resold with the EV’s giving Kandi a much subsidy from the Chinese Garages are coming online (as I above 2 are complete and 18 are under with roughly 750 to a 1000 for Hangzhou alone) and each averages about 100 cars.

Kandi also owns the that makes the electric air conditioners, generators and controllers for cars, Gross Margins be in the 30% level.

(click to enlarge)

Now words are reading is one thing, but seeing it is a other thing. So I decided to in my frequent flyer miles, together some dollars and 7,442 miles to see the Kandi for myself in Hangzhou and film astonishing Kandi story for to see.

Since my return a ago I’ve put together the short video documentary I have The Kandi Machine. which included below:


I cannot you what the stock might do the next few months or years. I leave that to the pundits claim omniscient wisdom in area. But as a small investor I can you that in my short ten years of and in some cases documenting many about public I believe Kandi is a Peter find, if ever there was and expect to be well rewarded by the performance.

Disclosure: I am long I wrote this article and it expresses my own opinions. I am not receiving for it (other than from Alpha). I have no business with any company whose is mentioned in this article. )

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