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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 N
About this update from Kandi Technologies Group, Inc.
[{"type":"text","content":"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.","length":630,"tagName":"p"},{"type":"text","content":"Rawrr has rapidly emerged as a premier player in the U.S. electric off-road motorcycle sector, underpinned by its high-performance engineering, lightweight design, and superior riding experience. Its product portfolio has garnered significant traction among off-road enthusiasts, outdoor adventurers, especially among the younger demographics, distinguishing Rawrr as one of the most promising growth brands in the electric powersports segment in the United States.","length":465,"tagName":"p"},{"type":"text","content":"Mr. Feng Chen, CEO of Kandi, commented: “The acquisition of Rawrr materially expands Kandi’s consumer demographic. Rawrr commands a strong appeal among younger, experience-driven, and community-oriented lifestyle audience. This acquisition augments our brand acknowledgement in the United States and positions us to a more diverse and dynamic customer base as we continue to diversify our multi-brand portfolio.”","length":412,"tagName":"p"},{"type":"text","content":"The acquisition of Rawrr is expected to unlock substantial operational synergies with Kandi’s existing North American operations. Rawrr’s electric off-road motorcycles will strategically augment the Company’s current product lineup, which includes LSPTVs, UTVs, and other off-road vehicles, enabling Kandi to offer a more comprehensive suite of low-carbon mobility solutions across community transportation, outdoor recreation, and sports leisure applications.","length":460,"tagName":"p"},{"type":"text","content":"Justin, CEO of Rawrr, stated, “We have cultivated a robust market presence and a deep understanding of U.S. riders over the years. Joining Kandi allows us to leverage Kandi’s indu...