Kandi Technologies shares surge 22.16% intraday as it acquires Rawrr Inc. to expand electric mobility offerings.

Kandi Technologies Group surged 22.16% intraday following its announcement to acquire Rawrr Inc., a U.S. premium electric off-road motorcycle brand. The acquisition, finalized on December 5, 2025, expands Kandi’s North American sustainable mobility offerings, targeting younger consumers and off-road enthusiasts. By integrating Rawrr’s high-performance electric motorcycles and its 300-dealer network, Kandi aims to enhance market penetration and diversify its multi-brand portfolio. The move underscores strategic growth in the electric powersports segment, leveraging existing infrastructure and Rawrr’s brand appeal to strengthen U.S. market presence. The CEO highlighted the acquisition’s role in broadening customer demographics and optimizing distribution, aligning with the stock’s sharp intraday rally as investors reacted positively to the expansion and operational synergies.