Kandi Technologies reports FY 2021 net sales at USD91.5 million, up 18.9% y/y

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Financial results

Revenue increase was mainly due to growth in electric associated and parts segment

Kandi Technologies reports fiscal-year (FY) 2021 net sales at USD91.5 million, up 18.9% year on year (y/) from USD76.9 million for the full year that ended 31 December 2021, according to a filing by the company on 15 March.

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