Terry Mclemore's questions to Kandi Technologies Group Inc (KNDI) leadership • Q1 2024
Question
Terry Mclemore of Mclemore & Associates requested an update on international sales channels outside of North America and asked for revenue guidance for the remainder of 2024 and for the full year 2025.
Answer
An executive explained that international expansion into Southeast Asia and Europe is underway but currently small-scale, operating through trading companies and agencies in China rather than direct retail relationships. Chairman Xiaoming Hu stated that full-year 2024 sales are expected to be better than 2023 and reaffirmed that the company is still working hard to achieve its $500 million sales target for 2025.