Kandi Technologies Announces Acquisition of Premium U.S. Electric Off-Road Motorcycle Brand Rawrr, Accelerating Multi-Brand Strategy

Jinhua, China, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ GS: KNDI), a long renowned leader in all-electric personal transportation and utility vehicles, today announced that it has entered into an equity transfer agreement to acquire 100% of Rawrr Inc. (“Rawrr”), a premium electric off-road motorcycle brand in the United States. The agreement was executed on December 5, 2025. This strategic acquisition reinforces Kandi’s foothold in the North American sustainable mobility market and marks a pivotal milestone in the Company’s long-term multi-brand expansion strategy.