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Bank Of America Downgrades Nio On Lower Sales Expectations, Tesla Competition Expectations
Wednesday, May 29, 2019 - 9:57am | 351Looming lower sales following cuts in subsidies for electric cars and the emergence of an American competitor led Bank of America to downgrade Nio Inc (NYSE: NIO). The downgrade followed lackluster results reported by the Chinese electric vehicle maker a day earlier, when Nio reported first-quarter...
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Shares Of Tantech Holdings Pop Following Acquisition Announcement
Wednesday, January 27, 2016 - 2:27pm | 177Shares of Tantech Holdings Ltd (NASDAQ: TANH), a small cap developer and manufacturer of bamboo-based charcoal products, were trading higher by more than 4 percent on Wednesday. Tantech Holdings reported that it entered into an agreement to acquire Suzhou E Motors Co, a specialty electric...
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Kandi Technologies Announces New Strategic Partnership; Investors Aren't Impressed
Tuesday, January 26, 2016 - 2:20pm | 183Kandi Technologies Group Inc (NASDAQ: KNDI), a China-based company engaged in the design, development, manufacturing and commercialization of electric vehicles, on Tuesday announced it has entered into a new strategic with Pang Da Automobile Trade Co. Pang Da Automobile Trade is one...
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Why Shares of Kandi Technologies Are Trading Higher
Thursday, December 18, 2014 - 11:18am | 180Kandi Technologies Group Inc (NASDAQ: KNDI) announced on Thursday that its wholly-owned subsidiary Zhejiang JiHeKang Electric Vehicle Sales Co., along with Guangzhou MingZhi Auto Trade Co, a local auto distributor in the Guangzhou district signed a contract for the sale of 700 Kandi branded...