Kandi (NASDAQ: KNDI) Shares Adding To Their Massive Gains From Yesterday as the Chinese EV Manufacturer Reveals Its K23 and K27 Models Today
https://wccftech.com/kandi-nasdaq-kndi-shares-adding-to-their-massive-gains-from-yesterday-as-the-chinese-ev-manufacturer-reveals-its-k23-and-k27-models-today/
Kandi America (NASDAQ:KNDI), the U.S. subsidiary of the Chinese EV manufacturer Kandi Technologies Group, is benefiting from an amalgamation of indigenous positive developments as well as the extraordinary effervescence that has surrounded almost all EV stocks lately. As an illustration, Kandi shares have registered a whopping gain of 168 percent since the 1st of July. Yesterday alone, the stock added 10.4 percent or $0.96.
So, what spurred Kandi’s 10 percent plus gain yesterday? Well, as per the press statement released on the 17th of August, Kandi is slated to host a virtual event today at 10:00 a.m. CT. The company explained the rationale behind the event in the following words: