Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li><a href="https://markets.businessinsider.com/stocks/kndi-stock">Kandi Technologies</a> announced on Wednesday that it would launch two <keyword id="6354973" type="UNKNOWN" weightage="60" keywordseo="electric-vehicles">electric vehicles</keyword> in the US in August and that the cars would be available for delivery by the end of the year.</li><li>Shares of the company have skyrocketed nearly 350% in the past two days.</li><li>The Chinese company competes with the electric-vehicle makers <keyword id="107096" type="COMPANY" weightage="60" keywordseo="Tesla">Tesla</keyword> and Nio.</li><li><a href="https://markets.businessinsider.com/stocks/kndi-stock">Watch Kandi Technologies trade live on Markets Insider</a>.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Read more on Business Insider</a>.</li></ul>Shares of <a href="https://markets.businessinsider.com/stocks/kndi-stock">Kandi Technologies</a> have surged as much as 350% from Tuesday's close, fueled by the Chinese electric-vehicle maker's announcement that it will launch two cars in the US next month.On Wednesday, Kandi America, the US subsidiary of the Chinese company — which competes with the likes of <a href="https://markets.businessinsider.com/stocks/tsla-stock">Tesla</a> and <a href="https://markets.businessinsider.com/stocks/nio-stock">Nio</a> — <a href="https://www.businesswire.com/news/home/20200729005834/en/Kandi-Brings-America%E2%80%99s-Affordable-Electric-Vehicles-Market">said</a> customers would be able to put down $100 fully refundable deposits for two of its vehicles, the K27 and the K23, starting August 18.The company said the vehicles would be ready for delivery beginning in the fourth quarter of 2020."Electric vehicles have been valued for years for their efficiency, sustainability and innovation. However, owning the 'it' car often eluded consumers who desired a great EV alongside all the other comforts of modern living," Johnny Tai, the CEO of Kandi America, <a href="https://www.businesswire.com/news/home/20200729005834/en/Kandi-Brings-America%E2%80%99s-Affordable-Electric-Vehicles-Market">said in a statement</a>. "Kandi changes that and revolutionizes the EV-buying experience for many."Read more: <a href="https://www.businessinsider.com/stocks-to-buy-26-companies-to-benefit-from-weaker-dollar-2020-7" target="_blank" rel="noopener">GOLDMAN SACHS: Buy these 26 stocks now to crush the market as an 'overvalued' dollar continues to weaken in the months ahead</a>Kandi's vehicles cost much less than the models offered by Tesla. Kandi said its compact K27 model starts at $12,999 after federal tax credits, while the larger K23 model, about the size of a small SUV, starts at $22,499 after federal tax credits.Tesla's Model 3, its lowest-priced vehicle, starts at $31,690, including savings through tax credits, <a href="https://www.tesla.com/model3/design#battery">according to the company's website</a>.Shares of Kandi have surged <a href="https://markets.businessinsider.com/stocks/kndi-stock">more than 260% year-to-date</a>.Read more: <a href="https://www.businessinsider.com/stock-picks-to-buy-jim-osman-pinpoints-3-potential-winners-2020-7" target="_blank" rel="noopener">200-plus money managers pay thousands to set eyes on Jim Osman's stock buy list. Here are 2 he says are set to soar — and an under-the-radar IPO to keep a watch on</a><a href="https://markets.businessinsider.com/stocks/kndi-stock"><div type="image" title="Screen Shot 2020 07 30 at 10.07.47 AM" height="1060" width="1562" msid="77266330" hostid="261"></div></a>

Chinese Tesla competitor skyrockets nearly 350% in 2 days after announcing it will launch vehicles in the US next month

<ul><li>More than 34,000 <keyword id="1268253" type="PERSON" weightage="60" keywordseo="Robinhood">Robinhood</keyword> traders have added shares of <a href="https://markets.businessinsider.com/stocks/kndi-stock?utm_source=markets&amp;utm_medium=ingestgest">Kandi Technologies</a>, a Chinese electric vehicle maker that competes with Tesla, in the last 24 hours, according to data from <keyword id="9424047" type="UNKNOWN" weightage="60" keywordseo="robintrack">Robintrack</keyword>.net. </li><li>Shares of the company surged nearly 350% in two days after the company announced it will launch 2 vehicles in the US next month. </li><li><a href="https://markets.businessinsider.com/stocks/kndi-stock?utm_source=markets&amp;utm_medium=ingestgest">Watch Kandi Technologies trade live on Markets Insider. </a></li><li><a href="https://www.businessinsider.com/">Read more on Business Insider. </a></li></ul>Thousands of Robinhood traders are adding shares of <a href="https://markets.businessinsider.com/stocks/kndi-stock?utm_source=markets&amp;utm_medium=ingestgest">Kandi Technologies</a> during the company's epic rally that's seen shares surge as much as <a href="https://markets.businessinsider.com/news/stocks/kandi-technologies-stock-announcing-us-car-launch-tesla-competitor-electric-2020-7-1029451976#">350% in the last two days.</a>In the last 24 hours, more than 34,000 Robinhood accounts have added shares of the Chinese electric vehicle maker that competes with <a href="https://markets.businessinsider.com/stocks/tsla-stock?utm_source=markets&amp;utm_medium=ingestgest">Tesla</a> and <a href="https://markets.businessinsider.com/stocks/nio-stock?utm_source=markets&amp;utm_medium=ingestgest">Nio</a>, according to data from <a href="https://robintrack.net/popularity_changes">Robintrack.net.</a>Now, a total of 38,131 accounts on the popular trading app hold <keyword id="201247" type="CITY" weightage="60" keywordseo="Kandi">Kandi</keyword> shares. In the last day, it's the second-most added company, behind <a href="https://markets.businessinsider.com/stocks/kodk-stock">Eastman Kodak</a>, which has had nearly 37,000 users add shares <a href="https://markets.businessinsider.com/news/stocks/kodak-stock-price-movement-after-skyrocketing-1200-percent-2-days-2020-7-1029450808">amid its own record-breaking surge. </a>Read more: <a href="https://www.businessinsider.com/stocks-to-buy-26-companies-to-benefit-from-weaker-dollar-2020-7" target="_blank" rel="noopener">GOLDMAN SACHS: Buy these 26 stocks now to crush the market as an 'overvalued' dollar continues to weaken in the months ahead</a><keyword id="2047360" type="PERSON" weightage="60" keywordseo="Kandi-Technologies">Kandi Technologies</keyword> recent popularity comes two days after the company announced that it will launch two of its <keyword id="6354973" type="UNKNOWN" weightage="60" keywordseo="electric-vehicles">electric vehicles</keyword> in the US in August. The company also said that the vehicles will be available for delivery by the end of the year. Kandi's EVs cost significantly <a href="https://robintrack.net/popularity_changes">less than similar models at competitors such as Tesla. </a>Shares of Kandi have surged more than <a href="https://markets.businessinsider.com/stocks/kndi-stock?utm_source=markets&amp;utm_medium=ingestgest">143% year to date</a>.Read more: <a href="https://www.businessinsider.com/stock-picks-sectors-to-buy-us-china-trade-war-gionnotto-2020-7">A market-research expert breaks down the 3 sectors and 4 stocks that he says are best to own as a new Cold War between the US and China heats up</a><a href="https://markets.businessinsider.com/stocks/kndi-stock?utm_source=markets&amp;utm_medium=ingestgest"><div type="image" title="Screen Shot 2020 07 30 at 1.12.46 PM" height="1062" width="1564" msid="77269980" hostid="261"></div></a>

More than 34,000 Robinhood traders piled into Kandi Technologies in a single day as shares surged

<ul class="summary-list"><li><keyword id="9916845" type="UNKNOWN" weightage="60" keywordseo="hindenburg-research" source="Orion">Hindenburg Research</keyword> announced it had built a "significant long position" in <keyword id="11892744" type="UNKNOWN" weightage="60" keywordseo="twitter" source="Orion">Twitter</keyword> stocks Wednesday.</li><li>The research firm's founder said that Twitter will rally after the collapse of <keyword id="11897862" type="UNKNOWN" weightage="60" keywordseo="elon-musk" source="Orion">Elon Musk</keyword>'s takeover deal.</li></ul>Hindenburg Research has built up a significant stake in <a href="https://markets.businessinsider.com/stocks/twtr-stock">Twitter</a> as a legal battle brews between the social media company and Elon Musk.The research firm said that it is bullish on Twitter after the seeming collapse of Musk's $44 billion takeover bid."We have accumulated a significant long position in shares of Twitter," Hindenburg <a href="https://twitter.com/HindenburgRes/status/1547214020909752320">tweeted</a> Wednesday. "Twitter's complaint poses a credible threat to Musk's empire."Musk is attempting to <a href="https://www.businessinsider.com/elon-musk-twitter-lawsuit-to-enforce-acquisition-takeover-deal-2022-7?r=US&amp;IR=T">terminate the merger agreement</a> he signed with Twitter in April, which said he would take the company private at a price of $54.20 a share. <a href="https://www.businessinsider.com/elon-musk-twitter-lawsuit-to-enforce-acquisition-takeover-deal-2022-7?r=US&amp;IR=T">Twitter intends to sue him for backing out of the deal</a>.Twitter shares initially rallied 8% on Wednesday, before slipping 0.2% at the opening bell Thursday.Hindenburg is renowned for its activist short-selling approach, having published high-profile reports criticizing companies including <a href="https://markets.businessinsider.com/stocks/nkla-stock">Nikola</a>, <a href="https://markets.businessinsider.com/stocks/kndi-stock">Kandi Technologies</a>, and <a href="https://markets.businessinsider.com/stocks/ride-stock">Lordstown Motors</a>. It's much rarer for the investment firm to make a long position public."Musk has squandered much of his leverage, largely through <a href="https://www.businessinsider.com/elon-musks-tweets-backfired-may-damn-him-in-court-twitter-2022-7?r=US&amp;IR=T">misadvised and compulsive tweets</a>," Hindenburg founder Nate Anderson told the <a href="https://www.ft.com/content/fbfb24a7-fbf1-48a4-b638-f6a8c0b72683">Financial Times</a> this week. "Twitter has a strong case."Read more: <a href="https://www.businessinsider.com/didi-stock-delisting-investing-strategy-china-short-selling-carson-block-2021-12?r=US&amp;IR=T">Famed short-seller Carson Block breaks down why Didi's NYSE delisting is the harbinger of many other Chinese companies pulling out of US exchanges — and shares where he is finding opportunities in 'this era of massive misallocation of capital'</a>

Short-seller Hindenburg Research has built up a large stake in Twitter - and is betting against Elon Musk

<ul><li>Chinese electric-car maker <keyword id="67247" type="CITY" weightage="60" keywordseo="BYD">BYD</keyword> raised $3.9 billion in an upsized stock sale, capitalizing on its soaring stock price.</li><li>The automaker - backed by legendary investor <keyword id="6358963" type="DEFINITION" weightage="60" keywordseo="Warren-Buffett">Warren Buffett</keyword> - has seen shares surge more than 400% as investors pile into the futuristic sector.</li><li>BYD plans to use the funds to pay down debts and strengthen its position in China's exploding EV market.</li><li><a href="https://newsletter.businessinsider.com/join/4np/10-things-opening-bell?utm_source=markets&amp;utm_medium=ingestgest">Sign up here for our daily newsletter, 10 Things Before the Opening Bell</a>.</li></ul>BYD - the Chinese automaker backed by legendary investor Warren Buffett - sold $3.9 billion in shares after outsized demand for electric-vehicle stocks saw the firm's valuation explode through 2020.The company offered 133 million shares for HK$225 each ($29.03) on Wednesday, representing 14.5% of its Hong Kong-listed stock. The sale was initially set to include 122 million shares priced between HK$222 and HK$228, according to documents seen by <a href="https://www.bloombergquint.com/china/electric-car-maker-byd-seeks-up-to-3-6-billion-in-placement">Bloomberg</a>. The final offering price represents a 7.8% discount to BYD's closing level on Wednesday.BYD shares soared more than 400% over the past 12 months as investors doubled down on the EV sector. Tesla saw the bulk of the inflows, but competitors including BYD, Nio, and Kandi also benefited. BYD now boasts a market cap of roughly HK$717 billion ($92 billion).Read more: <a href="https://www.businessinsider.com/stock-picks-to-buy-below-pre-pandemic-levels-goldman-sachs-2021-1">GOLDMAN SACHS: These 22 stocks still haven't recovered to pre-pandemic levels - and are set to explode amid higher earnings in 2021 as the economy recovers</a>Demand for BYD's offering handily surpassed the increased supply, <a href="https://www.wsj.com/articles/buffett-backed-byd-sells-3-9-billion-of-shares-as-ev-stocks-electrify-11611214278?mod=markets_lead_pos5">The Wall Street Journal</a> reported. Hedge funds, institutional investors, and Chinese funds participated in the sale.While several EV companies have tapped public <keyword id="31671" type="CITY" weightage="100" keywordseo="markets">markets</keyword> in attempts to compete with industry-giant Tesla, few tout direct support from Berkshire Hathaway CEO Warren Buffett. The holding company bought a stake in BYD in 2008 and currently holds one-quarter of the automaker's Hong Kong-listed shares, according to a <a href="https://www.byd.com/sitesresources/common/tools/generic/web/viewer.html?file=%2Fsites%2FSatellite%2FBYD%20PDF%20Viewer%3Fblobcol%3Durldata%26blobheader%3Dapplication%252Fpdf%26blobkey%3Did%26blobtable%3DMungoBlobs%26blobwhere%3D1600575141379%26ssbinary%3Dtrue">report</a> from the automaker.BYD aims to use proceeds from the sale to pay off debts and strengthen its position in China's burgeoning EV market. Sales of electric cars surged in 2020 as China's government pushes to become carbon-neutral over the next four decades. Where China represented just 5% of global EV sales in 2011, that share <a href="https://www.businessinsider.com/chinas-ev-market-rebounds-and-looks-to-the-future-2020-10">reached 50%</a> in early 2020.BYD closed at HK$248.40 ($32.04) on Wednesday.Now read more markets coverage from Markets Insider and Business Insider:<a href="https://www.businessinsider.com/investing-strategy-trade-take-advantage-of-higher-volatility-dave-jilek-2021-1">The chief investment strategist at a $9.6 billion volatility-focused money manager breaks down why the stock market is poised to get more chaotic in 2021 - and shares how investors can take advantage of it</a><a href="https://markets.businessinsider.com/news/stocks/stock-market-news-today-indexes-biden-coronavirus-plan-stimulus-recovery-2021-1-1029990787">US stocks climb amid optimism around Biden's COVID-19 plan and stimulus push</a><a href="https://www.businessinsider.com/us-weekly-jobless-claims-900000-coronavirus-recovery-unemployment-economic-recession-2021-1">US weekly jobless claims slide to 900,000 as coronavirus fallout continues into the Biden presidency</a>

You Searched For "kandi stock price" and got 4 results

Chinese Tesla competitor skyrockets nearly 350% in 2 days after announcing it will launch vehicles in the US next month

Carmen Reinicke

More than 34,000 Robinhood traders piled into Kandi Technologies in a single day as shares surged

Carmen Reinicke

Short-seller Hindenburg Research has built up a large stake in Twitter - and is betting against Elon Musk

George Glover

Electric-car maker BYD sells $3.9 billion in stock after Tesla-led rally quintuples prices

Ben Winck

Popular Keywords

Buying Guides