当前北美地区拥有庞大的仓储物流体系，但面临人工成本高昂、劳动力短缺、巡检效率低下等突出难题，尤其是全球商品持续涌入美国市场的背景下，仓库 安保已成为供应链安全的核心环节。 1月5日，浙江大学与康迪科技集团在浙大紫金港校区正式签署合作协议，共同揭牌成立"浙江大学-康迪智能机器人联合研发中心"，标志着校企双方在人工 智能与安防巡检机器人深度融合领域开启创新生态实践。 作为深耕可持续出行领域的高新技术企业，康迪科技正加速从传统制造向科技创新驱动型平台企业转型，构建起"以北美非公路出行产品为基，智能机器人 加能源换电装备为翼"的全新业务架构。 此次与浙江大学的战略合作，是其强化科技属性、拓展高附加值智能装备市场的关键布局，也是对"中国技术+海外场景+海外渠道"创新模式的进一步深 化。 在此之前，康迪科技已与杭州"六小龙"之一的云深处科技达成合作，聚焦高尔夫智能装备及安防巡检四足机器人领域，共同开发北美市场创新产品。 浙江大学副校长陈刚表示，学校高度重视此次合作，联合研发中心的成立将对贯彻创新驱动发展战略、推动技术成果转化、促进智能安防产业持续健康发展 产生积极影响，期待双方通过优势互补、资源共享，持续拓展合作空间，实 ...

2025年，中国制造业出海正迎来从"品牌出海"向"生态出海""技术出海" 的关键跃迁期，新能源、智能机器人等赛道成为国际竞争核心领域。同时，海外市 场对本土化场景解决方案需求激增，供应链全球化布局与技术协同创新成为企业破局关键。 12月24日，电动非公路车领域的头部企业——康迪科技董事长董学勤接受封面新闻专访时分享了自己的2025年关键词以及对2026年的展望。他表示，未来 不追求成为所有技术的"发明者"，而是立志做产业与技术之间的"连接器"与"转化器"，为中国先进技术出海搭建一条高效、低风险的通路。 封面新闻记者 付文超 董学勤：回顾2025年，与其说是"失去"，不如说我们清晰地"得到"了更宝贵的战略成果：明确了全球化主线、实现了技术突围、收获了信任资产。 其一，全球化战略从"品牌出海"迈向"生态出海"。我们的产品不仅在北美成功入驻Lowe's、Costco等上千家零售门店，今年更是把电动非公路车销往全球 35个国家和地区，品牌深入本地市场；在智能机器人领域，我们联合云深处科技正在加速研发针对北美安防巡检的场景解决方案，实现生态出海，希望成 为中国技术摆渡人。 其二，技术突围与商业化落地实现关键突破。我们与 ...

Core 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]

Core Viewpoint - Kandi Technologies (KNDI.US) is undergoing a transformation from traditional manufacturing to a technology-driven platform, highlighted by its recent partnership with CATL for battery swap stations, which has led to a significant stock price increase [1][2]. Group 1: Battery Swap Business - Kandi's collaboration with CATL marks a significant milestone in its battery swap business, focusing on heavy-duty vehicle swap station construction [2]. - The partnership aligns with two major trends: U.S. policy incentives for clean energy infrastructure and the accelerating demand for electric heavy-duty vehicles, with the North American battery swap market expected to exceed $5 billion by 2024 [2]. - Kandi's battery swap technology has been in development for a decade, and this partnership is expected to leverage CATL's brand and distribution channels to quickly penetrate the market [2]. Group 2: Robotics Strategy - Kandi announced key initiatives at the World Artificial Intelligence Conference, including a partnership with Yundong Technology to develop smart golf equipment and security inspection robots for North America [3]. - The robotics strategy targets the North American security market, which exceeds $10 billion annually, and aims to address urgent needs for smart inspection due to high labor costs [3]. - Collaborating with Zhejiang University to establish a joint research institute will focus on environmental perception and motion control algorithms to commercialize robotics technology [3]. Group 3: Globalization Strategy - Kandi's chairman emphasized the need for a three-step approach to globalization: manufacturing, intelligent manufacturing, and ecological empowerment [4]. - The company has localized production in Texas for golf carts to avoid tariffs and is partnering with CBAT to build a lithium battery factory in the U.S., with the first phase expected to start production in 2026 [4]. - Kandi has successfully entered over 1,000 retail locations in North America, including Lowe's and Costco, and has a diverse dealer network [4]. Group 4: Financial Performance and Challenges - Kandi's financial data shows a revenue of $12.8 million in 2024, a 3.2% increase year-over-year, but a net loss of $50.95 million due to significant asset impairment and increased management costs [7]. - The company's revenue structure is heavily reliant on off-road vehicles and parts, which account for 91% of income, while new businesses like lithium batteries and battery swapping contribute less than 5% [7]. - Compared to industry peers, Kandi faces challenges in balancing its core business profitability while needing to sustain new business growth [7]. Group 5: Future Outlook - Kandi's transformation is entering a critical phase, with three main competitive advantages: synergy between battery swapping and robotics technologies, reuse of North American distribution channels, and benefits from U.S. policy incentives [8]. - The success of the battery swap station orders and the progress of the U.S. battery factory will significantly impact revenue in the short term [9]. - If battery swap and robotics revenue exceeds 30%, Kandi's valuation could shift from traditional manufacturing to intelligent equipment, potentially increasing its price-to-earnings ratio from 5x to 15x [9]. Group 6: Conclusion - Kandi's evolution reflects a broader shift in Chinese manufacturing from low-cost production to technology-driven solutions, with its strategic positioning in battery swapping and robotics benefiting from policy incentives and market growth [10]. - As of the report, Kandi's market capitalization stands at $120 million, and if new business segments gain traction, the company may experience a significant revaluation [10].