Kandi Technology released its 2026 semi-annual report on September 28. In the first half of the year, the company achieved revenue of US$57.1 million, an increase of 57.4% year on year; net profit of US$9.4 million, up 452.2% year on year; and operating profit of US$5.5 million, turning a loss into a profit year on year. Meanwhile, Kandi Technology announced that its wholly-owned subsidiary China Power Exchange has once again received a batch purchase order for the Ningde Era Heavy Truck Power Exchange Station.

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