PartnershipJul 1, 2026, 06:02 AM
Kandi's Xinchu Becomes Schneider Electric Distributor for 2026
AI Summary
Kandi Technologies Group announced that Hangzhou Xinchu New Energy Technology Co., Ltd., which Kandi is acquiring 51% of, has been authorized by Schneider Electric IT (China) as a distributor for fiscal year 2026. This authorization enables Xinchu to distribute Schneider Electric's UPS systems, cooling infrastructure, and related services, strengthening Kandi's presence in the AI data center backup power and energy storage market. The partnership combines Schneider Electric's infrastructure with Xinchu's proprietary energy storage batteries and BMS technologies, offering integrated power solutions and enhancing Kandi's competitive position.
Key Highlights
- Kandi's Xinchu named authorized distributor by Schneider Electric IT (China) for FY2026.
- Xinchu will distribute Schneider Electric's APC, MGE, and Schneider-branded products.
- Products include UPS systems, cooling infrastructure, racks, software, and technical services.
- Strengthens Kandi's position in the AI data center (AIDC) backup power and energy storage market.
- Enhances Xinchu's ability to deliver integrated power infrastructure solutions.
- Combines Schneider Electric's portfolio with Xinchu's energy storage batteries and BMS technologies.
Price Impact
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