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Stock impact report

Kandi Technologies Appoints New CEO for SC Autosports

Kandi Technologies Group, Inc. - Ordinary Shares (KNDI) 
Company Research Source: GlobeNewswire
JINHUA, CHINA, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi” or the “Company”), a leading producer of all-electric personal transportation and utility vehicles, today announced that, following a thorough review and decision by its management team, Mr. Bin Yu has been appointed Chief Executive Officer (CEO) of SC Autosports (d/b/a Kandi America), the Company’s U.S. subsidiary. This move is part of Kandi’s strategic efforts to advance high-quality development initiatives. Mr. Yu, a U.S. citizen, brings over 20 years of corporate management experience and has held senior leadership roles at several leading multinational corporations. His expertise spans the entire product lifecycle, from research and development to marketing, and includes managing multinational teams across regions, including the United States. Before joining Kandi, Mr. Yu held the following key positions: October 2020 – February 2024: Vice President, BoulderAI Technolo Show less Read more
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