06:16 AM EDT, 07/07/2026 (MT Newswires) -- Kandi Technologies Group's ( KNDI ) Kandi Electric Vehicles unit signed an exclusive five-year strategic cooperation deal with Zhejiang Greentown Community Business Group for a collaboration on the commercial deployment of electric sightseeing vehicles, according to a Tuesday statement.

Under the deal, the Kandi ( KNDI ) unit will supply a range of electric sightseeing vehicles and other low-speed electric vehicle products, along with dispatching systems and an end-to-end safety traceability framework, the company said.

The deal is expected to boost the company's off-road electric vehicle business and cash flow, Kandi ( KNDI ) added. No financial terms were disclosed.

Shares of Kandi Technologies Group ( KNDI ) were down more than 6% premarket Tuesday.