Fred Brasher's questions to Kandi Technologies Group Inc (KNDI) leadership • Q2 2024
Question
Inquired about the company's international expansion, specifically the number of new international locations outside North America, whether they are targeting large retail chains for international growth, and how many Lowe's stores are expected to carry the new NFL-licensed golf carts.
Answer
The company is exploring European and Southeast Asian markets with trial sales in over a dozen countries. Internationally, their strategy is to work with distributors rather than large retail chains. Regarding the NFL carts, the current plan is for them to be available exclusively on Lowes.com, with potential expansion to physical stores under discussion but not yet confirmed.