Kandi(US:KNDI) Sou Hu Cai Jing·2025-09-22 10:28Core Insights - The "2025 EqualOcean Globalization Forum" held in Shenzhen focused on the future of Chinese companies going global, discussing investment opportunities, capital market trends, and brand building [2] - Dong Xueqin, Chairman of Kandi Technologies, presented a speech on the new paradigm of Chinese manufacturing going global, particularly Kandi's breakthrough in the North American off-road vehicle market [4] Group 1: Kandi's Global Strategy - Kandi has been deeply involved in the transportation sector for decades and has recently shifted its strategy to produce various electric off-road vehicles, targeting the North American market [4] - The differentiation of Kandi's products, particularly the "off-road vehicle," has allowed it to emerge as a leading brand in the North American market [4] Group 2: Technological Advantages - Kandi possesses a natural technological advantage in the electric off-road vehicle sector, having started mass production of electric vehicles in 2013 [5] - The design and development of electric off-road vehicles using automotive technology provide Kandi with a competitive edge in the market [5][7] Group 3: Product Development and Market Penetration - Kandi's electric golf carts and UTV farmer vehicles, designed on electric platforms, have gained significant traction in the North American market, which is predominantly gasoline-powered [7] - Kandi has established partnerships with major retailers like Costco and Lowes, enhancing its market presence and consumer recognition [7] Group 4: Future Innovations and Market Expansion - Kandi is transitioning from a manufacturing-focused company to a technology-driven enterprise, with plans to innovate in the "AI + Sports" sector by developing a caddy robot [8] - The company is also exploring the "AI + North American Industry" market by creating security robots to address high labor costs in the U.S. [10] - Kandi has begun expanding into Southeast Asia, providing delivery robots to major digital companies in Indonesia [10] Group 5: Strategic Partnerships and Future Goals - Kandi has become a supplier for CATL's battery swap equipment and has received its first order for heavy-duty truck battery swap devices [10] - The company aims to leverage its full-chain capabilities in exports and collaborations to create an industrial cluster effect overseas, positioning itself as a facilitator for Chinese technology going global [10]