Kandi Technologies shares surge 13.40% after-hours after acquiring Rawrr Inc. to expand electric mobility in North America.

Kandi Technologies Group surged 13.4% in after-hours trading following its announcement of acquiring Rawrr Inc., a U.S.-based premium electric off-road motorcycle brand. The acquisition, finalized on December 5, 2025, strengthens Kandi’s presence in the North American sustainable mobility market by expanding its product portfolio to include high-performance electric off-road motorcycles targeting younger consumers and outdoor enthusiasts. The move is expected to leverage Kandi’s existing distribution networks and Rawrr’s 300-dealer network, enhancing market penetration and operational synergies. The press release emphasized the strategic alignment with Kandi’s multi-brand expansion goals and reinforced its brand recognition in the U.S. market. Institutional investor activity, including significant share additions by firms like Renaissance Technologies and Susquehanna International, further supported the positive sentiment driving the after-hours rally.