**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


**Washington,
      D.C. 20549**




______________




**FORM
      10-K/A**




(Amendment
      No.1)





**ANNUAL
                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE**
              **SECURITIES
                EXCHANGE ACT OF 1934**
              **For
                the fiscal year ended December 31,
                2007**




**Commission
      file number 000-52186**






**KANDI
      TECHNOLOGIES, CORP.**


(Exact
      name of registrant as specified in its charter)




**Delaware**
            
            **87-0700927**(State
                or other jurisdiction of incorporation
              or
                organization)
            
            (I.R.S.
                Employer Identification No.)





**Jinhua
      City Industrial Zone**


**Jinhua,
      Zhejiang Province**


**People’s
      Republic of China**


**Post
      Code 321016**


(Address
      of principal executive offices)




**(86-0579)
      882239700**


(Registrant’s
      telephone number, including area code)




**Securities
      Registered Pursuant to Section 12(b) of the Act:**




**Common
                Stock, Par Value $0.001 Per Share**
            **NASDAQ
                Capital Market**(Title
                of each class)
            (Name
                of exchange on which registered)




**Securities
      Registered Pursuant to Section 12(g) of the Act:**  **None.**




Indicate
      by check mark if the registrant is a well-known seasoned issuer, as defined
      in
      Rule 405 of the Securities Act. Yes o  No
x




Indicate
      by check mark if the registrant is not required to file reports pursuant to
      Section 13 or 15(d) of the Exchange Act.  Yes o  No
x









Indicate
      by check mark whether the registrant (1) has filed all reports required to
      be
      filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
      the
      preceding 12 months (or for such shorter period that the registrant was required
      to file such reports), and (2) has been subject to such filing requirements
      for
      the past 90 days.  Yes x  No o




Indicate
      by check mark if disclosure of delinquent filers pursuant to Item 405 of
      Regulation S-K is not contained herein, and will not be contained, to the
      best of registrant’s knowledge, in definitive proxy or information statements
      incorporated by reference in Part III of this Form 10-K or any
      amendment to this Form 10-K. o




Indicate
      by check mark whether the registrant is a large accelerated filer, an
      accelerated filer, a non-accelerated filer, or a smaller reporting company.
      See
      the definitions of “large accelerated filer” and “smaller reporting company” in
      Rule 12b-2 of the Exchange Act. (check one):




Large
                accelerated filer o
            Accelerated
                filer oNon-accelerated
                filer o
              (Do
                not check if a smaller reporting company)
            Smaller
                reporting company x






Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Act).




Yeso 
No
x




As
      of
      March 31, 2008, there were 19,961,000 **** shares
      of
      the registrant’s common stock issued and outstanding and 1,000,000 shares of the
      registrant’s preferred stock, $0.001 par value, issued and outstanding. The
      aggregate market value of the shares of common stock held by non-affiliates
      of
      the registrant on July 6, 2007 was approximately $10,180,110*.




*Prior
      to
      July 6, 2007, no liquid market had existed for our common stock.





DOCUMENTS
      INCORPORATED BY REFERENCE: none.







**EXPLANATORY
      NOTE**





This
      Amendment No. 1 on Form 10-K/A (“Amendment No. 1”) amends an Annual Report on
      Form 10-K of Kandi Technologies, Corp. (the “Company”) for the year ended
      December 31, 2007, filed with the Securities and Exchange Commission on
      March 31, 2008.





Amendment
      No. 1 is being filed solely for the purpose of correcting a typographical error
      in the consolidated balance sheets in the Company’s Form 10-K. In the
      consolidated balance sheets on page F-1 of the Company’s Form 10-K, “Total Long
      Term Assets” were reported to be $25,316,938, however, the correct number is
      $13,046,079. This typographical error did not affect any of the other figures
      reported in the financial statement of the Company.





This
      Form
      10-K/A does not attempt to modify or update any other disclosures set forth
      in
      our Form 10-K filing. Additionally, this Form 10-K/A is as of the filing date
      of
      the 10-K and does not update or discuss any other Company developments
      subsequent to the date of the 10-K.

































**SIGNATURES**








Pursuant
      to the requirements of Section 13 of the Securities Exchange Act of 1934 (the
      “Exchange Act”), the registrant has duly caused this report to be signed on its
      behalf by the undersigned, thereunto duly authorized.




KANDI TECHNOLOGIES, CORP.May 8,
              2008
            By:
            /s/
              Hu
              XiaomingHu
              XiaomingPresident
              and
              Chief Executive Officer




In
      accordance with the Exchange Act, this report has been signed below by the
      following persons on behalf of the registrant and in the capacities and on
      the
      dates indicated.





/s/
                Hu Xiaoming
              
              Hu
                Xiaoming
            President,
                Chief Executive Officer and Chairman
              of
                the Board (Principal Executive Officer)
            May
                8, 2008/s/
                Zhu Xiaoying
              
              Zhu
                Xiaoying
            Chief
                Financial Officer and Director
              (Principal
                Financial Officer and Principal Accounting Officer)
            May
                8, 2008