Kandi Technologies shares surge 10.59% after-hours after showcasing electric off-road vehicles and securing new North American partnerships at AIMExpo 2026.

Kandi Technologies Group surged 10.59% in after-hours trading following its announcement of participation in the AIMExpo 2026 in Anaheim, California, where it showcased electric off-road vehicles tailored for the North American market. The company highlighted product demonstrations, including electric golf carts and UTV models, and formalized collaboration agreements with new channel partners to expand its distribution network. CEO Feng Chen emphasized North America as a strategic growth market, reinforcing the company’s localized operations and product development efforts. The event, a key industry platform, is expected to enhance Kandi’s visibility in the powersports sector and support long-term market penetration. Institutional investors also increased stakes in Q3 2025, with firms like Renaissance Technologies and Citadel adding shares, though this activity post-dates the AIMExpo announcement and may reflect broader market confidence.