Kandi Technologies Group, Inc. (Kandi), formerly Kandi Technologies, Corp., is engaged in designing, developing, manufacturing, and commercializing electrical vehicles (EVs), all-terrain vehicles (ATVs), go-karts, and specialized automobiles related products for the People�s Republic of China (PRC) and global markets. On April 25, 2012, the Company completed its acquisition of KO NGA Investment Limited and its subsidiaries, K S Asia Limited Group Limited, Yongkang K S Electric Limited and Yongkang Scrou Electric Co. (Yongkang Scrou). Yongkang Scrou manufactures various auto generators. On June 29, 2012, in connection with the completion of the Company�s internal reorganization, Yongkang Scrou became a wholly owned subsidiary of the Company. In September 2013, the Company announced that Zhejiang Kandi Vehicles Co. Ltd. completed the acquisition of certain assets for electric vehicle (EV) production.