StockWatch
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Auto Manufacturing
ExpansionJun 22, 2026, 08:01 AM

Kandi's Off-Road Vehicle Business Expands to 35 Countries

AI Summary

Kandi Technologies Group announced the expansion of its international off-road vehicle business, now reaching customers in 35 countries and regions. The company is strengthening its presence in North America while growing in Africa, Southeast Asia, Latin America, and the Middle East. Kandi is implementing a dual-track strategy focusing on order expansion and brand localization, with specific examples including new orders from South Africa and Nigeria, and interest from dealers in Panama, Laos, and Argentina.

Key Highlights

  • Kandi's off-road vehicles are now available in 35 countries and regions worldwide.
  • Company is expanding across Africa, Southeast Asia, Latin America, and the Middle East.
  • South Africa is an anchor market with six authorized dealers and localized product development.
  • New and follow-on orders received from South Africa and Nigeria.
  • Panama-based dealer placed an on-site order for four-wheel-drive off-road products.
  • Laos resort operator expressed strong interest in golf carts and multi-passenger shuttles.
  • Argentina dealer discussed regional distribution and localized product customization.