Kandi Technologies Establishes New Subsidiary, Secures First Order with Indonesia’s Largest Digital Ecosystem, GoTo
Core Insights - Kandi Technologies Group, Inc. has established a subsidiary, Hangzhou Liaowangta Technology, which will supply three robots to GoTo Group in Indonesia, marking a significant step in Kandi's expansion into the Southeast Asian market [1][2] - The CEO of Kandi Technologies expressed confidence in leveraging integrated hardware-software solutions and AI-native architecture to deliver innovative products and drive long-term growth [2] Company Overview - Kandi Technologies Group, Inc. is a leader in the research, development, and manufacturing of all-electric personal transportation and utility vehicles, with a focus on off-road mobility solutions and a strategic emphasis on the North American market [4]