Kandi Technologies Enters into Strategic Cooperation with Qiji Energy, a Subsidiary of CATL

Strengthening Battery Swap Infrastructure Deployment to Accelerate Scaled Implementation of Heavy-truck Battery Swapping

Jinhua, China, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company” or “Kandi Technologies”) (NASDAQ GS: KNDI), a long renowned leader in all-electric personal transportation and utility vehicles, today announced that its wholly-owned subsidiary, China Battery Exchange (Zhejiang) Technology Co., Ltd. (“China Battery Exchange”), has entered into a three-year strategic cooperation agreement (the “Agreement”) with Times Qiji Green Energy Technology (Shenzhen) Co., Ltd. (“Qiji Energy”), a subsidiary of Contemporary Amperex Technology Co., Ltd. (“CATL”), a global leader of new energy innovative technologies. Under the Agreement, the parties will engage in deep cooperation regarding the implementation of mass-production projects for heavy-truck battery swap stations, as well as related after-sales services and ongoing operations and maintenance support.