Kandi Technologies shares surge 15.46% intraday after acquiring Rawrr Inc. to expand North American electric mobility offerings.

Kandi Technologies Group surged 15.46% intraday following its announcement of acquiring Rawrr Inc., a U.S.-based premium electric off-road motorcycle brand. The strategic acquisition, finalized on December 5, 2025, expands Kandi’s product portfolio with high-performance electric motorcycles targeting younger consumers and outdoor enthusiasts, while leveraging Rawrr’s established dealer network of nearly 300 U.S. locations. The move strengthens Kandi’s foothold in the North American sustainable mobility market, enhances operational synergies through shared infrastructure, and aligns with its multi-brand expansion strategy. The press release highlighted the acquisition’s potential to diversify Kandi’s customer base and accelerate market penetration, directly correlating with the intraday price rally.