# EDGAR Filing Document

**Accession Number:** 0001720250
**File Stem:** 0001213900-25-070653
**Filing Date:** 2025-8
**Character Count:** 68955
**Document Hash:** da4846231ebbf528a2cee004f566b3d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-070653.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0001213900-25-070653

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 17

**FILED AS OF DATE**: 20250801

**DATE AS OF CHANGE**: 20250801

**EFFECTIVENESS DATE**: 20250801

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kandi Technologies Group, Inc.
- **CENTRAL INDEX KEY:** 0001720250
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLE PARTS & ACCESSORIES [3714]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-289192
- **FILM NUMBER:** 251176754

**BUSINESS ADDRESS:**
- **BUSINESS PHONE:** (86-579) 82239856

**MAIL ADDRESS:**
- **STREET 1:** JINHUA CITY INDUSTRIAL ZONE
- **STREET 2:** ZHEJIANG PROVINCE
- **CITY:** JINHUA
- **STATE:** F4
- **ZIP:** 321016

**As filed with the Securities and Exchange Commission on August 1, 2025**

**Registration No. 333- _______**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT**

**UNDER**

**THE SECURITIES ACT OF 1933**

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| |
|:---|
| **KANDI TECHNOLOGIES GROUP, INC.** |
| **(Exact name of registrant as specified in its charter)** |

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| | |
|:---|:---|
| **British Virgin Islands** | **Not Applicable** |
| (State or Other Jurisdiction of<br> Incorporation or Organization) | (IRS Employer<br> Identification Number) |

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**Jinhua New Energy Vehicle Town<br> Jinhua, Zhejiang Province<br> People's Republic of China**

**321016**

(Address of Principal Executive Offices) (Zip Code)

**Kandi Technologies Group, Inc.**

**Amended and Restated 2008 Omnibus Long-Term Incentive Plan** 

(Full title of the plan)

**Kewa Luo**

**Kandi Technologies Group, Inc.**

**The Helmsley Building**

**230 Park Ave, 3rd/4th Floor West**

**New York, NY 10169**

**Tel: 212-551-3610**

(Name, address including zip code, and telephone number, including area code, of agent for service)

***Copies of all communications to:***

**Elizabeth F. Chen, Esq.<br> Pryor Cashman LLP<br> 7 Times Square<br> New York, NY 10036<br> (212) 326-0199**

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☒ <br> Non-accelerated filer ☐ Smaller reporting company ☒ <br> Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided Section 7(a)(2)(B) of the Securities Act. ☐

**EXPLANATORY NOTE**

This Registration Statement on Form S-8 (this "**Registration Statement**") is being filed by Kandi Technologies Group, Inc., a British Virgin Islands company (the "**Company**"), relating to (i) 730,345 unallocated ordinary shares, par value $0.001 per share (the "**Ordinary Shares**") which may be issuable pursuant to the 2008 Plan (as defined below), (ii) 4,203,095 Ordinary Shares (the "**Stock Option Shares**" or "**Shares**"), issuable upon the exercise of stock options granted under the Kandi Technologies Group, Inc. 2008 Omnibus Long-Term Incentive Plan, as amended on May 20, 2015, November 12, 2018, November 4, 2024 and further amended on March 19, 2025 (the "**2008 Plan**"), and (iii) 10,000,000 Ordinary Shares issuable under the 2025-2034 Long-term Incentive Plan, a sub-plan of the 2008 Plan.

This Registration Statement includes a prospectus (the "**Reoffer Prospectus**") prepared in accordance with General Instruction C of Form S-8 and in accordance with the requirements of Part I of Form F-3. This Reoffer Prospectus may be used for the reoffer and resale of Stock Option Shares on a continuous or delayed basis that may be deemed to be "restricted securities" within the meaning of the Securities Act of 1933, as amended (the "**Securities Act**"), and the rules and regulations promulgated thereunder, that are issuable to certain of our employees, directors and officers identified in the Reoffer Prospectus. The number of Ordinary Shares included in the Reoffer Prospectus represents Ordinary Shares issuable to the selling securityholders pursuant to equity awards, granted to the selling securityholders and does not necessarily represent a present intention to sell any or all such Ordinary Shares.

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS** 

**Item 1. Plan Information.**

The Company will provide each recipient of a grant under the 2008 Plan (the "**Recipients**") with documents that contain information related to the 2008 Plan, and other information including, but not limited to, the disclosure required by Item 1 of Form S-8, which information is not required to be and is not being filed as a part of this Registration Statement on Form S-8 (the "**Registration Statement**") or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. The foregoing information and the documents incorporated by reference in response to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act. A Section 10(a) prospectus will be given to each Recipient who receives Ordinary Shares covered by this Registration Statement, in accordance with Rule 428(b)(1) under the Securities Act.

**Item 2. Registrant Information and Employee Plan Annual Information.**

We will provide to each Recipient a written statement advising of the availability of documents incorporated by reference in Item 3 of Part II of this Registration Statement (which documents are incorporated by reference in this Section 10(a) prospectus) and of documents required to be delivered pursuant to Rule 428(b) under the Securities Act without charge and upon written or oral request by contacting:

**Dong Xueqin**

**Chairman of the Board**

**Jinhua New Energy Vehicle Town<br> Jinhua, Zhejiang Province<br> People's Republic of China**

**Tel: (86 - 579) 8223-9856**

**REOFFER PROSPECTUS**

**4,203,095 Shares**

**Kandi Technologies Group, Inc.**

**Ordinary Shares** 

**Issuable under certain awards** 

**granted under the 2008 Plan**

This Reoffer Prospectus relates to the public resale, from time to time, of up to an aggregate of 4,203,095 shares (the "**Shares**") of ordinary shares, $0.001 par value per share (the "**Ordinary Shares**") of Kandi Technologies Group, Inc. ("**Kandi**," the "**Company**," "**us**," "**our**," or "**we**") by certain securityholders identified herein in the section entitled "Selling Securityholders." Such shares may be acquired in connection with awards granted under the Kandi Technologies Group, Inc. 2008 Omnibus Long-Term Incentive Plan (the "**2008 Plan**"). You should read this prospectus carefully before you invest in our Ordinary Shares.

Such resales shall take place on the Nasdaq Global Select Market, or such other stock market or exchange on which our Ordinary Shares may be listed or quoted, in negotiated transactions or otherwise, at market prices prevailing at the time of the sale or at prices otherwise negotiated (see "Plan of Distribution" starting on page 6 of this prospectus). We will receive no part of the proceeds from sales made under this Reoffer Prospectus. The Selling Securityholders will bear all sales commissions and similar expenses. Any other expenses incurred by us in connection with the registration and offering and not borne by the Selling Securityholders will be borne by us.

This Reoffer Prospectus has been prepared for the purposes of registering the resale of our shares of Ordinary Shares under the Securities Act to allow for future sales by Selling Securityholders on a continuous or delayed basis to the public without restriction. We have not entered into any underwriting arrangements in connection with the sale of the shares covered by this Reoffer Prospectus. The Selling Securityholders identified in this Reoffer Prospectus, or their pledgees, donees, transferees or other successors-in-interest, may offer the shares covered by this Reoffer Prospectus from time to time through public or private transactions at prevailing market prices, at prices related to prevailing market prices or at privately negotiated prices.

**Investing in our Ordinary Shares involves risks. See "Risk Factors" beginning on page 3 of this Reoffer Prospectus.**

Our Ordinary Shares is quoted on the Nasdaq Global Select Market under the symbol "KNDI" and the last reported sale price of our Ordinary Shares on July 31, 2025 was $1.12 per share.

**NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.** 

**The date of this prospectus is August 1, 2025** 

**Kandi Technologies Group, Inc.**

**TABLE OF CONTENTS**

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| | |
|:---|:---|
|  | **Page** |
| [Cautionary Statement Regarding Forward-Looking Statements](#f_039) | ii |
| [Prospectus Summary](#f_040) | 1 |
| [Risk Factors](#f_041) | 3 |
| [Use of Proceeds](#f_042) | 4 |
| [Selling Securityholders](#f_043) | 4 |
| [Plan of Distribution](#f_044) | 6 |
| [Legal Matters](#f_045) | 7 |
| [Experts](#f_046) | 7 |
| [Disclosure of Commission Position on Indemnification For Securities Act Liabilities](#f_047) | 8 |
| [Where You can Find Additional Information](#f_048) | 8 |
| [Incorporation of Certain Documents by Reference](#f_049) | II-1 |

---

i

**CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS**

This prospectus contains forward-looking statements, which reflect our current views with respect to, among other things, future events and financial performance, our operations, strategies and expectations. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "plan" and similar expressions are intended to identify forward-looking statements. Any forward-looking statements contained in this prospectus are based upon our historical performance and on our current plans, estimates and expectations. The inclusion of this or any forward-looking information should not be regarded as a representation by us or any other person that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks, uncertainties and assumptions, including but not limited to global and domestic market and business conditions, our successful execution of business and growth strategies and regulatory factors relevant to our business, as well as assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include, but are not limited to, those described under "Risk Factors." These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this prospectus. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

ii

**PROSPECTUS SUMMARY**

*The Securities and Exchange Commission (the "**Commission**") allows us to ''incorporate by reference'' certain information that we file with the Commission, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference is considered to be part of this prospectus, and information that we file later with the Commission will update automatically, supplement and/or supersede the information disclosed in this prospectus. Any statement contained in a document incorporated or deemed to be incorporated by reference in this prospectus shall be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained in this prospectus or in any other document that also is or is deemed to be incorporated by reference in this prospectus modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this prospectus. You should read the following summary together with the more detailed information regarding our company, our Ordinary Shares and our financial statements and notes to those statements appearing elsewhere in this prospectus or incorporated herein by reference.*

**Our Company**

**Business Overview**

Originally, the Company's primary business operations consist of designing, developing, manufacturing and commercializing electric vehicle ("EV") products and EV parts. In recent years, as some EV enterprises in China are seizing market share at the cost of huge losses, the Company realized that the EV market of China has not reached a stage of healthy and orderly development. Therefore, the Company started to adjust the company's development strategy after 2020. With the global trend of "fuel to electrification" of off-road vehicles becoming more and more obvious, the Company has been focusing on the production of pure electric off-road vehicles. Our goal is to achieve a leading position in the field of pure electric off-road vehicles within three years.

The Company does not believe that our major business is within the targeted areas of concern by the Chinese government. However, Kandi Technologies is a holding company in British Virgin Islands and our majority of business is conducted through the operations by Company's subsidiaries in the PRC. Therefore, there is a risk that the Chinese government may in the future seek to affect operations of any company with any level of operations in the PRC, including its ability to offer securities to investors, list its securities on a U.S. or other foreign exchange, conduct its business or accept foreign investment. Additionally, we are subject to certain legal and operational risks associated with our operations in China. PRC laws and regulations governing our current business operations are uncertain, and therefore, these risks may result in a material change in the Company's operations, significant depreciation of the value of our ordinary shares, or a complete hindrance of our ability to offer or continue to offer our securities to investors. Due to the fact that PRC does not have treaties providing for the reciprocal recognition and enforcement of judgments of courts with the United States and many other countries and regions, direct recognition and enforcement in PRC of judgments of a court in any of these non-PRC jurisdictions in relation to any matter not subject to a binding arbitration provision may be difficult, time-consuming, costly or even impossible, the investors may even need to sue again in one of the courts under PRC jurisdiction. Therefore, our investors may experience difficulties in effecting service of legal process, enforcing judgements or bringing original actions based on United States or foreign laws against us or our management. Changes in currency conversion policies in China and fluctuation in exchange rates may also have a material adverse effect on our business and the value of our securities. During the previous few decades, the economy of China had experienced unprecedented growth. This growth has slowed in the recent years, and if the growth of the economy continues to slow or if the economy contracts, our financial condition may be materially and adversely affected. Recently, the PRC government initiated a series of regulatory actions and statements to regulate business operations in China with little advance notice, including cracking down on illegal activities in the securities market, adopting new measures to extend the scope of cybersecurity reviews, and expanding the efforts in anti-monopoly enforcement. Since these statements and regulatory actions are new, it is highly uncertain how soon legislative or administrative regulation making bodies will respond and what existing or new laws or regulations or detailed implementations and interpretations will be modified or promulgated, if any, and the potential impact of such modified or new laws and regulations will have on our daily business operation, the ability to accept foreign investments and list on an U.S. or other foreign exchange.

**Corporate Information**

Kandi's primary business location is located at Jinhua New Energy Vehicle Town, Jinhua, Zhejiang Province, People's Republic of China. Our telephone number is (86-579) 8223-9856 and our Internet website address is h*ttp://www.kandivehicle.com*. Information contained on our website is not incorporated by reference into this prospectus and you should not consider information on our website to be part of this prospectus.

**The Offering** 

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| | |
|:---|:---|
| **Outstanding Ordinary Shares:** | 84,121,432 of our ordinary shares issued and 82,044,298 of our ordinary shares outstanding, as of July 30, 2025. |
| **Ordinary Shares Offered:** | Up to 4,203,095 shares of Ordinary Shares for sale by the selling securityholders for their own account pursuant to the 2008 Plan. |
| **Selling Securityholders:** | The selling securityholders are set forth in the section entitled "Selling Securityholders" of this Reoffer Prospectus on page 4. |
| **Use of proceeds:** | We will not receive any proceeds from the sale of our Ordinary Shares by the selling securityholders. We would, however, receive proceeds upon the exercise of the stock options by those who receive options under the 2008 Plan and exercise such options for cash. Any cash proceeds will be used by us for general corporate purposes. |
| **Risk Factors:** | The securities offered hereby involve a high degree of risk. See "Risk Factors." |
| **Nasdaq trading symbol:** | KNDI |

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**RISK FACTORS**

Investing in shares of our Ordinary Shares involves a high degree of risk. You should carefully consider the risks we have described under "Risk Factors" in our annual report on Form 20-F for the year ended December 31, 2024, as filed with the Commission on April 28, 2025, together with all the other information appearing in or incorporated by reference into this prospectus, before deciding to invest in our Ordinary Shares. If any of the events or developments we have described occur, our business, financial condition, or results of operations could be materially or adversely affected. As a result, the market price of our Ordinary Shares could decline, and investors could lose all or part of their investment. The risks and uncertainties we have described are not the only risks and uncertainties that we face. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also impair our business operations. The risks we have described also include forward-looking statements, and our actual results may differ substantially from those discussed in these forward-looking statements. See "Cautionary Note Regarding Forward-Looking Statements."

**USE OF PROCEEDS**

The shares which may be sold under this Reoffer Prospectus will be sold for the respective accounts of each of the Selling Securityholders listed herein (which includes our executive officers and directors). Accordingly, we will not realize any proceeds from the sale of the shares of our Ordinary Shares. We will receive proceeds from the exercise of the options; however, no assurance can be given as to when or if any or all of the options will be exercised. If any options are exercised, the proceeds derived therefrom will be used for working capital and general corporate purposes. All expenses of the registration of the shares will be paid by us. See "Selling Securityholders" and "Plan of Distribution."

**SELLING SECURITYHOLDERS**

The following table sets forth, as of July 30, 2025 (the "**Determination Date**"), the names of the Selling Securityholders, the aggregate number of shares of Ordinary Shares beneficially owned by the Selling Securityholders, the aggregate number of shares of Ordinary Shares that the Selling Securityholders may offer pursuant to this Reoffer Prospectus and the number of shares of Ordinary Shares that would be beneficially owned by the Selling Securityholders after the sale of the Shares offered hereby assuming that the Selling Securityholders sell all of the Shares covered by this Reoffer Prospectus. The percentage of beneficial ownership after the offered shares of Ordinary Shares are sold is calculated based on 82,044,298 shares of Ordinary Shares outstanding as of the Determination Date. Each share of Ordinary Shares has the right to one vote per share.

The Shares offered by the Selling Securityholders hereunder include restricted shares and shares of Ordinary Shares issuable under restricted stock units held by certain current and former employees of the Company pursuant to the 2008 Plan, as described in this Reoffer Prospectus. When we refer to the "Selling Securityholders" in this Reoffer Prospectus, we mean the persons listed in the table below, and the pledgees, donees, transferees, assignees, successors, designees and others who later come to hold any of the Selling Securityholders' interest in the Ordinary Shares other than through a public sale.

The amount of the Shares to be offered or resold under this Reoffer Prospectus by each Selling Securityholder, and any other person with whom he or she is acting in concert for the purpose of selling our securities, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act.

Because the Selling Securityholders may offer all or part of the shares of Ordinary Shares, which they own pursuant to the offering contemplated by this Reoffer Prospectus, and because its offering is not being underwritten on a firm commitment basis, no estimate can be given as to the amount of shares that will be held upon termination of this offering. The number of shares in the column "Number of Shares Being Offered" represents all of the shares of our Ordinary Shares that each Selling Securityholder may offer under this prospectus. We do not know how long the Selling Securityholders will hold the shares before selling them or how many shares they will sell. The shares of our Ordinary Shares offered by this prospectus may be offered from time to time by the Selling Securityholders listed below. We cannot assure you that any of the Selling Securityholders will offer for sale or sell any or all of the shares of Ordinary Shares offered by them by this prospectus.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | | **Number of Shares Beneficially Owned Prior to the Offering (1)** | **Number of Shares Beneficially Owned Prior to the Offering (1)** | | **Number of Shares Beneficially Owned After Offering (2)** | **Number of Shares Beneficially Owned After Offering (2)** |
| <br>**Security holders** | **Relationship<br> **to the**<br>**Company** | **Number** | **Percent** (%)** | **Number of Shares **Being**<br>**Offered** | **Number** | **Percent** (%)** |
| Chen Feng | Chief Executive Officer | 854756 | \* | 854756 | 0 | 0% |
| Guo Zhongyuan | Employee | 333334 | \* | 333334 | 0 | 0% |
| Fan Wenbin | Employee | 333334 | \* | 333334 | 0 | 0% |
| Sun Chenming | Employee | 333334 | \* | 333334 | 0 | 0% |
| Ying Jinfeng | Employee | 333334 | \* | 333334 | 0 | 0% |
| Zheng Mingyang | Employee | 333334 | \* | 333334 | 0 | 0% |
| Zhu Xiaoying | Employee | 266667 | \* | 266667 | 0 | 0% |
| Che Jianhua | Employee | 266667 | \* | 266667 | 0 | 0% |
| Ling Jingtong | Employee | 266667 | \* | 266667 | 0 | 0% |
| Chen Ming | Employee | 200000 | \* | 200000 | 0 | 0% |
| Ying Qingfeng | Employee | 166667 | \* | 166667 | 0 | 0% |
| Xu Guoyao | Employee | 166667 | \* | 166667 | 0 | 0% |
| Kong Xingran | Employee | 166667 | \* | 166667 | 0 | 0% |
| Gao Shuping | Employee | 166667 | \* | 166667 | 0 | 0% |
| Craig Howell | Employee | 6000 | \* | 6000 | 0 | 0% |
| I-Ting Liu | Employee | 3000 | \* | 3000 | 0 | 0% |
| Ching-yu Chen | Employee | 3000 | \* | 3000 | 0 | 0% |
| Reginal Watson-Young | Employee | 3000 | \* | 3000 | 0 | 0% |

---

\* less than 1%

(1) The number and percentage of shares
beneficially owned is determined in accordance with Rule 13d-3 of the Securities Act, and the information is not necessarily indicative
of beneficial ownership for any other purpose. Under such rule, beneficial ownership includes any shares as to which the Selling Securityholder
has sole or shared voting power or investment power and also any shares which the Selling Securityholder has the right to acquire within
60 days. Applicable percentage ownership is based on an aggregate of 82,044,298 Ordinary Shares outstanding as of July 30, 2025.

(2) Assumes that all shares of Ordinary
Shares to be offered, as set forth above, are sold pursuant to this offering and that no other shares of Ordinary Shares are acquired
or disposed of by the Selling Securityholders prior to the termination of this offering. Because the Selling Securityholders may sell
all, some or none of their shares of Ordinary Shares or may acquire or dispose of other shares of Ordinary Shares, no reliable estimate
can be made of the aggregate number of shares of Ordinary Shares that will be sold pursuant to this offering or the number or percentage
of shares of Ordinary Shares that each Selling Securityholder will own upon completion of this offering.

**PLAN OF DISTRIBUTION** 

We are registering the Shares covered by this prospectus to permit the Selling Securityholders to conduct public secondary trading of these Shares from time to time after the date of this prospectus. We will not receive any of the proceeds of the sale of the Shares offered by this prospectus. The aggregate proceeds to the Selling Securityholders from the sale of the Shares will be the purchase price of the Shares less any discounts and commissions. We will not pay any brokers' or underwriters' discounts and commissions in connection with the registration and sale of the Shares covered by this prospectus. The Selling Securityholders reserve the right to accept and, together with their respective agents, to reject, any proposed purchases of Shares to be made directly or through agents.

The Shares offered by this prospectus may be sold from time to time to purchasers:

● directly by the Selling Securityholders; or

● through underwriters, broker-dealers or agents, who may receive compensation in the form of discounts, commissions or agent's commissions from the Selling Securityholders or the purchasers of the Shares.

Any underwriters, broker-dealers or agents who participate in the sale or distribution of the Shares may be deemed to be "underwriters" within the meaning of the Securities Act. As a result, any discounts, commissions or concessions received by any such broker-dealer or agents who are deemed to be underwriters will be deemed to be underwriting discounts and commissions under the Securities Act. Underwriters are subject to the prospectus delivery requirements of the Securities Act and may be subject to certain statutory liabilities under the Securities Act and the Securities Exchange Act of 1934, as amended (the "**Exchange Act**"). We will make copies of this prospectus available to the Selling Securityholders for the purpose of satisfying the prospectus delivery requirements of the Securities Act. To our knowledge, there are currently no plans, arrangements or understandings between the Selling Securityholders and any underwriter, broker-dealer or agent regarding the sale of the Shares by the Selling Securityholders.

The Shares may be sold in one or more transactions at:

● fixed prices;

● prevailing market prices at the time of sale;

● prices related to such prevailing market prices;

● prices related to such prevailing market prices;

● varying prices determined at the time of sale; or

● negotiated prices.

These sales may be effected in one or more transactions:

● on any national securities exchange or quotation service on which the Shares may be listed or quoted at the time of sale, including the Nasdaq Global Select Market;

● in the over-the-counter market;

● in transactions otherwise than on such exchanges or services or in the over-the-counter market;

● any other method permitted by applicable law; or

● through any combination of the foregoing.

These transactions may include block transactions or crosses. Crosses are transactions in which the same broker acts as an agent on both sides of the trade.

At the time a particular offering of the Shares is made, a prospectus supplement, if required, will be distributed, which will set forth the name of the Selling Securityholders, the aggregate amount of Shares being offered and the terms of the offering, including, to the extent required, (1) the name or names of any underwriters, broker-dealers or agents, (2) any discounts, commissions and other terms constituting compensation from the Selling Securityholders and (3) any discounts, commissions or concessions allowed or reallowed to be paid to broker-dealers.

The Selling Securityholders will act independently of us in making decisions with respect to the timing, manner, and size of each resale or other transfer. There can be no assurance that the Selling Securityholders will sell any or all of the Shares under this prospectus. Further, we cannot assure you that the Selling Securityholders will not transfer, distribute, devise or gift the Shares by other means not described in this prospectus. In addition, any Shares covered by this prospectus that qualify for sale under Rule 144 of the Securities Act may be sold under Rule 144 rather than under this prospectus. The Shares may be sold in some states only through registered or licensed brokers or dealers. In addition, in some states the Shares may not be sold unless they have been registered or qualified for sale or an exemption from registration or qualification is available and complied with.

The Selling Securityholders and any other person participating in the sale of the Shares will be subject to the Exchange Act. The Exchange Act rules include, without limitation, Regulation M, which may limit the timing of purchases and sales of any of the Shares by the Selling Securityholders and any other person. In addition, Regulation M may restrict the ability of any person engaged in the distribution of the Shares to engage in market-making activities with respect to the particular Shares being distributed. This may affect the marketability of the Shares and the ability of any person or entity to engage in market-making activities with respect to the Shares.

The Selling Securityholders may indemnify any broker or underwriter that participates in transactions involving the sale of the Shares against certain liabilities, including liabilities arising under the Securities Act.

**LEGAL MATTERS**

The validity of the issuance of the securities offered by this prospectus will be passed upon for us by Ogier.

**EXPERTS**

Our consolidated balance sheets as of December 31, 2023 and 2024, and the related consolidated statements of operations and comprehensive income (loss), changes in stockholders' equity (deficit), and cash flows for each of those two years have been audited by ARK Pro CPA & Co, an independent registered public accounting firm, as set forth in its report incorporated by reference and are included in reliance upon such report given on the authority of such firm as experts in accounting and auditing.

Our consolidated statements of operations and comprehensive income (loss), changes in stockholders' equity (deficit), and cash flows for the year ended December 31, 2022 have been audited by Kreit & Chiu CPA LLP, an independent registered public accounting firm, as set forth in its report incorporated by reference and are included in reliance upon such report given on the authority of such firm as experts in accounting and auditing.

**DISCLOSURE OF COMMISSION POSITION ON INDEMNIFICATION FOR SECURITIES ACT LIABILITIES** 

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling the registrant, the registrant has been informed that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

**WHERE YOU CAN FIND MORE INFORMATION** 

We are subject to the informational requirements of the Exchange Act. Accordingly, we are required to file or furnish reports and other information with the SEC, including annual reports on Form 20-F and reports on Form 6-K. The SEC maintains an Internet website at www.sec.gov that contains reports, proxy and information statements and other information we have filed electronically with the SEC.

As a foreign private issuer, we are exempt under the Exchange Act from, among other things, the rules prescribing the furnishing and content of proxy statements, and our executive officers, directors and principal shareholders are exempt from the reporting and short-swing profit recovery provisions contained in Section 16 of the Exchange Act. In addition, we are not required under the Exchange Act to file periodic reports and financial statements with the SEC as frequently or as promptly as U.S. companies whose securities are registered under the Exchange Act.

We maintain a corporate website at http://en.kandivehicle.com/. The reference to our website is an inactive textual reference only and information contained therein or connected thereto are not incorporated into this prospectus or the registration statement of which it forms a part.

**Kandi Technology Group, Inc.**

**4,203,095 SHARES OF ORDINARY SHARES** 

**REOFFER PROSPECTUS** 

**August 1, 2025**

**PART II** 

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT** 

**Item 3. Incorporation of Documents by Reference.** 

The following documents, which have been previously filed by the Registrant with the Securities and Exchange Commission (the "**Commission**"), are hereby incorporated by reference in this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrant's Annual
Report on [Form 20-F](http://www.sec.gov/Archives/edgar/data/1720250/000121390025036190/ea0238795-20f_kandi.htm) for the year ended December 31, 2024, as filed with the Commission on April 28, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The description of the Registrant's
securities filed as [Exhibit 2.3](http://www.sec.gov/Archives/edgar/data/1720250/000121390025036190/ea023879501ex2-3_kandi.htm) to the Registrant's Annual Report on Form 20-F, filed with the Commission on April 28, 2025.

All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act on or after the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered have been sold or that deregisters all securities then remaining unsold shall be deemed to be incorporated by reference in this Registration Statement and to be part hereof from the date of filing of such documents; *provided*, *however*, that documents or information deemed to have been furnished and not filed in accordance with the rules of the Commission shall not be deemed incorporated by reference into this Registration Statement. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

**Item 4. Description of Securities.** 

Not applicable.

**Item 5. Interests of Named Experts and Counsel.** 

Not applicable.

**Item 6. Indemnification of Directors and Officers.** 

BVI Laws does not limit the extent to which a company's memorandum and articles of association may provide for indemnification of officers and directors, except to the extent any such provision may be held by the BVI High Court to be contrary to public policy (e.g. for purporting to provide indemnification against the consequences of committing a crime). An indemnity will be void and of no effect and will not apply to a person unless the person acted honestly and in good faith and in what he believed to be in the best interests of the company and, in the case of criminal proceedings, the person had no reasonable cause to believe that his conduct was unlawful. Our amended and restated memorandum and articles of association permit indemnification of officers and directors for losses, damages, costs and expenses incurred in their capacities as such unless such losses or damages arise from dishonesty or fraud of such directors or officers. This standard of conduct is generally the same as permitted under the Delaware General Corporation Law for a Delaware corporation. In addition, we have entered into indemnification agreements with our directors and executive officers that provide such persons with additional indemnification beyond that provided in our amended and restated memorandum and articles of association.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to our directors, officers or persons controlling us under the foregoing provisions, we have been informed that in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

**Item 7. Exemption from Registration Claimed.** 

Not applicable.

**Item 8. Exhibits.** 

---

| | |
|:---|:---|
| **Exhibit No.** | **Document Description** |
| 5.1 | [Opinion of Ogier, Legal Counsel of British Virgin Islands](ea025129401ex5-1_kandi.htm) |
| 10.1 | [Kandi Technologies Group, Inc. 2008 Omnibus Long-Term Incentive Plan (Incorporated herein by reference to Exhibit 4.1 to the Annual Report on Form 20-F filed with the Commission on April 28, 2025)](http://www.sec.gov/Archives/edgar/data/1720250/000121390025036190/ea023879501ex4-1_kandi.htm) |
| 10.2 | [Kandi Technologies Group, Inc. 2025-2034 Long-Term Incentive Plan (Incorporated herein by reference to Exhibit 4.27 to the Annual Report on Form 20-F filed with the Commission on April 28, 2025)](http://www.sec.gov/Archives/edgar/data/1720250/000121390025036190/ea023879501ex4-27_kandi.htm) |
| 23.1 | [Consent of ARK Pro CPA & Co](ea025129401ex23-1_kandi.htm) |
| 23.2 | [Consent of Kreit & Chiu CPA LLP](ea025129401ex23-2_kandi.htm) |
| 23.3 | [Consent of Ogier (included as part of Exhibit 5.1)](ea025129401ex5-1_kandi.htm) |
| 107 | [Filing Fee Table](ea025129401exfee_kandi.htm) |

---

**Item 9. Undertakings.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective Registration Statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;

*Provided, however,* that paragraphs (A)(1)(i) and (A)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to section 13 or section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Jinhua, the People's Republic of China, on August 1, 2025.

---

| | |
|:---|:---|
| **Kandi Technologies Group, Inc.** | **Kandi Technologies Group, Inc.** |
| By: | /s/ Feng Chen |
| Name: | Feng Chen |
| Title: | Chief Executive Officer |

---

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| /s/ Feng Chen | President and Chief Executive Officer | August 1, 2025 |
| Feng Chen | *(Principal Executive Officer)* |  |
| */s/ Jehn Ming Lim* | Chief Financial Officer | August 1, 2025 |
| Jehn Ming Lim | *(Principal Financial Officer and Principal Accounting Officer)* |  |
| */s/ Dong Xueqin* | Chairman of the Board | August 1, 2025 |
| Dong Xueqin |  |  |
| */s/ Chen Liming* | Director | August 1, 2025 |
| Chen Liming |  |  |
| */s/ Lin Yi* | Director | August 1, 2025 |
| Lin Yi |  |  |
| */s/ Jerry Lewin* | Director | August 1, 2025 |
| Jerry Lewin |  |  |
| /s/ *Henry Yu* | Director | August 1, 2025 |
| Henry Yu |  |  |
| /s/ *Hu Xiaoming* | Director | August 1, 2025 |
| Hu Xiaoming |  |  |
| /s/ *Wang Lin* | Director | August 1, 2025 |
| Wang Lin |  |  |

---

## Exhibit 5.1

**Exhibit 5.1**

---

| | |
|:---|:---|
| Board of Directors | **D +852 3656 6014** |
| Kandi Technologies Group, Inc. | **E nicholas.plowman@ogier.com** |
| Jinhua New Energy Vehicle Town |  |
| Jinhua, Zhejiang Province | Reference: NJP/RER/178084.00001 |
| People's Republic of China |  |
| Post Code 321016 |  |
|  | 31 July 2025 |

---

 

Dear Sirs

**Kandi Technologies Group, Inc. (No: 1958347) (the Company)**

1 Background

1.1 The
 Company filed a registration statement on Form S-8 (the "**Form S-8 Statement** ")
 relating to (i) 730,345 unallocated ordinary shares, par value $0.001 per share (the "**Ordinary Shares**") which may be issuable pursuant to the 2008 Plan (as defined below); (ii)
 4,203,095 Ordinary Shares (the "**Stock Option Shares** "), issuable upon the
 exercise of stock options granted under the Company's 2008 Omnibus Long-Term Incentive
 Plan, as amended on May 20, 2015, November 12, 2018, November 4, 2024 and further amended
 on March 19, 2025 (the "**2008 Plan** "); and (iii) 10,000,000 Ordinary Shares
 issuable under the 2025-2034 Long-term Incentive Plan, a sub-plan of the 2008 Plan (together,
 the "**Additional Shares** ").

1.2 We
 have been requested to provide you with a legal opinion on matters of British Virgin Islands
 law in connection with the Company and the Additional Shares.

1.3 All
 capitalised terms used in this opinion have the respective meanings set forth in the Form
 S-8 Statement, except to the extent that a contrary indication or definition appears in this
 opinion or any Schedule. References herein to a Schedule are references to a schedule to
 this opinion.

2 Document examined

2.1 For
 the purposes of giving this opinion, we have examined copies of the corporate and other documents
 and conducted the searches listed in Schedule 1.

2.2 We
 have not made any searches or enquiries concerning, and have not examined any documents entered
 into by or affecting the Company or any other person, save for the searches, enquiries and
 examinations expressly referred to in Schedule 1.

---

| | | | |
|:---|:---|:---|:---|
| **Ogier**<br> Providing advice on British Virgin Islands,<br> Cayman Islands and Guernsey laws<br>Floor 11 Central Tower<br> 28 Queen's Road Central<br> Central<br> Hong Kong<br>T +852 3656 6000<br> F +852 3656 6001<br> **ogier.com** | **Partners**<br> Nicholas Plowman<br> Nathan Powell<br> Anthony Oakes<br> Oliver Payne<br> Kate Hodson<br> David Nelson<br> Justin Davis<br> Joanne Collett<br> Dennis Li | Cecilia Li<br> Rachel Huang\*\*<br> Yuki Yan\*\*<br> Florence Chan\*<sup>‡</sup><br> Richard Bennett\*\*<sup>‡</sup><br> James Bergstrom<sup>‡</sup><br>| \* admitted in New Zealand<br> \*\* admitted in England and Wales<br> <sup>‡</sup> not ordinarily resident in Hong Kong |

---

3 Assumptions

In giving this opinion we have relied upon the assumptions set forth in Schedule 2 without having carried out any independent investigation or verification in respect of those assumptions.

---

| | |
|:---|:---|
| 4 | Opinions |

---

On the basis of the examinations and assumptions referred to above and subject to the qualifications set forth in Schedule 3 and the limitations set forth below, we are of the opinion that:

**Corporate status**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The
 Company is a company duly incorporated with limited liability under the BVI Business Companies
 Act, 2004 (the **BCA**), and is validly existing and in good standing under the laws of
 the British Virgin Islands. It is a separate legal entity and subject to suit in its own
 name and has the capacity to sue in its own name.

**Issuance of Securities**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The
 Additional Shares to be offered and issued by the Company as contemplated by the Form S-8
 Statement are duly authorised for issue, and when issued by the Company against payment in
 full of the consideration as set out in the Form S-8 Statement and in accordance with the
 terms set out in the Form S-8 Statement, as applicable, such shares will be validly issued,
 fully paid and non-assessable.

**No litigation revealed**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Based
 solely on our review of the Court Records (as defined in Part B of Schedule 1), no litigation
 was pending against the Company in the High Court of the British Virgin Islands.

**No winding-up or insolvency proceedings revealed**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Based
 solely on our review of the Public Records (as defined in Part B of Schedule 1), no currently
 valid order or resolution for the winding-up of the Company and no current notice of appointment
 of a receiver in the British Virgin Islands over the Company, or any of its assets, appears
 on the records maintained by the Registry of Corporate Affairs in the British Virgin Islands
 or the High Court of the British Virgin Islands (in each case to the extent those records
 are revealed by the Public Records) in respect of the Company.

There is no withholding tax, capital gains tax, capital transfer tax, estate duty, inheritance tax, succession tax or gift tax in the British Virgin Islands and any dividends, interest, rents, royalties, compensations and other amounts paid by the Company are exempt from any taxation in the British Virgin Islands imposed under the British Virgin Islands Income Tax Ordinance (Cap 206).

5 Governing law of this opinion

5.1 This
 opinion is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) governed
 by, and shall be construed in accordance with, the laws of the British Virgin Islands;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) limited
 to the matters expressly stated herein; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) confined
 to, and given on the basis of, the laws and practice in the British Virgin Islands at the
 date hereof.

5.2 Unless
 otherwise indicated, all references in this opinion to specific British Virgin Islands legislation
 shall be to such legislation as amended to, and as in force at, the date hereof.

6 Who can rely on this opinion

This opinion is given for your benefit in connection with the matters described herein and it may not be relied upon by any person or used for any other purpose or referred to or made public in any way without our prior written consent, save that it may be disclosed on a non-reliance basis to your professional advisers (acting only in that capacity).

We hereby consent to the filing of this opinion letter as Exhibit 5.1 and Exhibit 23.3 to the Form S-8 Statement. In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under section 7 of the Securities Act, or the rules and regulations of the Securities and Exchange Commission thereunder.

Yours faithfully

---

| |
|:---|
| /s/ Ogier |
| **Ogier** |

---

**Schedule 1** 

**Document examined**

Corporate and other documents

---

| | |
|:---|:---|
| 1 | The constitutional documents and public records of the Company obtained from the Registry of Corporate Affairs in the British Virgin Islands on 28 June 2019 (the **Company Registry Records**). |

---

---

| | |
|:---|:---|
| 2 | The public information revealed from a search of the electronic records of the Civil Division and the Commercial Division of the Registry of the High Court and of the Court of Appeal (Virgin Islands) Register, each from 1 January 2000, as maintained on the Judicial Enforcement Management System (the **High Court Database**) by the Registry of the High Court of the Virgin Islands on 28 June 2019 (the **Court Records**). |

---

---

| | |
|:---|:---|
| 3 | The Company Registry Records and the Court Records each as updated by update searches on 2 February 2024 8 July 2025, and 31 July 2025 (the Company Registry Records and the Court Records together, and as updated, the **Public Records**). |

---

---

| | |
|:---|:---|
| 4 | A registered agent's certificate dated 18 July 2025 of the Company issued by the Registered Agent of the Company (the **Registered Agent's Certificate**). |

---

5 A certificate of good standing dated 11 July 2025 by the Registrar of Corporate Affairs.

---

| | |
|:---|:---|
| 6 | Certified true copy of the register of directors of the Company as of 18 July 2025 (the **Register**). |

---

---

| | |
|:---|:---|
| 7 | Written resolutions of the directors of the Company dated 4 July 2025 approving, inter alia, the filing of Form S-8 (the **Directors Resolutions**). |

---

**Schedule 2** 

Assumptions

**Assumptions of general application**

1 All original documents examined by us are authentic and complete.

2 All copy documents and counterparts of documents examined by us (whether in facsimile, electronic or other form) conform to the originals and those originals are authentic and complete.

3 Signatures, seals, dates, stamps and markings (whether on original or copy documents) are genuine.

---

| | |
|:---|:---|
| 4 | The information and each of the documents disclosed by the Public Records was and is accurate, up-to-date and remains unchanged as at the date hereof and there is no information or document which has been delivered for registration, or which is required by the laws of the British Virgin Islands to be delivered for registration, which was not included and available for inspection in the Public Records. |

---

5 The Registered Agent's Certificate and the Register is accurate and complete as at the date of this opinion.

6 The Directors Resolutions remain in full force and effect.

**Economic Substance**

---

| | |
|:---|:---|
| 7 | The Company is not a *legal entity* for the purposes of the Economic Substance (Companies and Limited Partnerships) Act, 2018 (the **Substance Act**), or, if the Company is such an entity and undertakes or proposes to undertake a *relevant activity* of a type described in the Substance Act, the Company has taken appropriate steps to comply with the economic substance requirements applicable to that activity. |

---

**No interest in land in the British Virgin Islands**

---

| | |
|:---|:---|
| 8 | The Company is not a land owning company for the purposes of Section 242 of the BCA meaning that neither it nor any of its subsidiaries has an interest in any land in the British Virgin Islands. |

---

**Schedule 3** 

Qualifications

**Good Standing**

---

| | |
|:---|:---|
| 1 | Under the BCA an annual fee must be paid in respect of the Company to the Registry of Corporate Affairs in the British Virgin Islands. Failure to pay the annual fees by the relevant due date will render the Company liable to a penalty fee in addition to the amount of the outstanding fees. If the license fee remains unpaid from the due date, the Company will be liable to be struck off the Register of Companies. |

---

---

| | |
|:---|:---|
| 2 | Under the BCA the register of directors must be filed by the Company at the Registry of Corporate Affairs. Failure to make this filing will render the Company liable to a penalty fee and if the filing is not made within the requisite time period, the Company will be liable to be struck off the Register of Companies. |

---

---

| | |
|:---|:---|
| 3 | For the purposes of this opinion "in good standing" means only that as of the date of this opinion the Company is up-to-date with the payment of its annual fee to the Registry of Corporate Affairs under the BCA and in relation to its filing of its register of directors with the Registry of Corporate Affairs. We have made no enquiries into the Company's good standing with respect to any other filings or payment of fees, or both, that it may be required to make under the laws of the British Virgin Islands other than the BCA. We have made no enquiries into whether the copy of the register of directors filed at the Registry of Corporate Affairs matches the details set out on the Registered Agent's Certificate. |

---

**Public Records**

4 The Public Records and our searches thereof may not reveal the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 the case of the Company Registry Records, details of matters which have not been lodged for
 registration or have been lodged for registration but not actually registered at the time
 of our search;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in
 the case of the Court Records, details of proceedings which have been filed but not actually
 entered in the High Court Database at the time of our search;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) whether
 an application for the appointment of a liquidator or a receiver has been presented to the
 High Court of the British Virgin Islands or whether a liquidator or a receiver has been appointed
 out of court, or whether any out of court dissolution, reconstruction or reorganisation of
 the Company has been commenced; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) any
 originating process (including an application to appoint a liquidator) in respect of the
 Company in circumstances where the High Court of the British Virgin Islands has prior to
 the issuance of such process ordered that such process upon issuance be anonymised (whether
 on a temporary basis or otherwise),

and the following points should also be noted:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the
 Court Records reflect the information accessible remotely on the High Court Database, we
 have not conducted a separate search of the underlying Civil Cause Book (the **Civil Cause Book**) or the Commercial Cause Book (the **Commercial Cause Book**) at the Registry
 of the High Court of the British Virgin Islands. Although the High Court Database should
 reflect the content of the Civil Cause Book and the Commercial Cause Book, neither the High
 Court Database nor the Civil Cause Book or Commercial Cause Book is updated every day, and
 for that reason neither facility can be relied upon to reveal whether or not a particular
 entity is a party to litigation in the British Virgin Islands;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) the
 High Court Database is not updated if third parties or noticed parties are added to or removed
 from the proceedings after their commencement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) while
 it is a requirement under Section 118 of the Insolvency Act that notice of the appointment
 of a receiver be registered with the Registry of Corporate Affairs, however, it should be
 noted that failure to file a notice of appointment of a receiver does not invalidate the
 receivership but gives rise to penalties on the part of the receiver.

**Sovereign Immunity**

---

| | |
|:---|:---|
| 5 | The State Immunity Act 1978 of the United Kingdom (the **State Immunity Act**) has been extended to the British Virgin Islands by the State Immunity (Overseas Territories) Order 1979. Under the State Immunity Act: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a
 British Virgin Islands company will be immune from the jurisdiction of the British Virgin
 Islands courts if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) it
is a department of the government of any foreign or commonwealth State other than the United Kingdom (**State**); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the
proceedings relate to anything done by it in the exercise of sovereign authority and the circumstances are such that a State would have
been immune from jurisdiction under the State Immunity Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Where
 a British Virgin Islands company submits to the jurisdiction of a court (in British Virgin
 Islands or elsewhere) in respect of proceedings where it is entitled (under (a) above) to
 immunity:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) relief
may not be given against it by way of injunction or order for specific performance or the recovery of land or other property; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) its
property (other than in certain circumstances property used or intended to be used for commercial purposes) may be immune to any process
for the enforcement of a judgment or arbitration award or, in an action in rem, for its arrest, detention or sale.

## Exhibit 23.1

**Exhibit 23.1**![](ex23-1_001.jpg)

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (the "Registration Statement") of Kandi Technologies Group, Inc. of our report dated April 28, 2025, relating to consolidated financial statements and the effectiveness of internal control over financial reporting of Kandi Technologies Group, Inc. and Subsidiaries ("the Company") as of and for the years ended December 31, 2024 and 2023, which appears in the Annual Report on Form 20-F of the Company for the year ended December 31, 2024. We also consent to the reference to our Firm under the"Experts" section in this Registration Statement.

---

| |
|:---|
| /s/ ARK Pro CPA & Co |
| ARK Pro CPA & Co |
| PCAOB ID: 3299 |
| Hong Kong, China |
| August 1, 2025 |

---

![](ex23-1_002.jpg)

## Exhibit 23.2

**Exhibit 23.2** 

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 (the "Registration Statement") of Kandi Technologies Group Inc. (the "Company") of our report dated March 16, 2023, relating to the consolidated financial statements of operations and comprehensive loss, changes in stockholders' equity, and cash flows for the year ended December 31, 2022, appearing in the Company's Annual Report on Form 10-K as of and for the year ended December 31, 2022. We also consent to be reference to our Firm under the "Experts" section in this Registration Statement.

/s/ Kreit & Chiu CPA LLP

Los Angeles, California

August 1, 2025

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-8**

**Kandi Technologies Group, Inc.**

**Table 1: Newly Registered and Carry Forward Securities**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Line Item Type** | **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* |
| Fees to be Paid | Equity | Ordinary Shares, $0.001 par value per share | (1) | Other | 4203095 | $1.1550 | $4854574.73 | 0.0001531 | $743.24 |
| Fees to be Paid | Equity | Ordinary Shares, $0.001 par value per share | (2) | Other | 10730345 | $1.1550 | $12393548.48 | 0.0001531 | $1897.45 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $17248123.20 |  | 2640.69 |
| Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: |  |  | 0.00 |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $2640.69 |

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**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this registration statement shall also cover any additional shares of ordinary shares, par value $0.001 per share (the "Ordinary Shares") of Kandi Technologies Group, Inc. (the "Company") that may become issuable under the terms of the Kandi Technologies Group, Inc. Amended and Restated 2008 Omnibus Long-Term Incentive Plan (the "2008 Plan"), by reason of any share split, share dividend, recapitalization or other similar transaction effected without the Company's receipt of consideration which results in an increase in the number of the outstanding shares of Ordinary Shares. Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rules 457(c) under the Securities Act of 1933, as amended, based on the average of the high and low prices of the Company's Ordinary Shares on July 31, 2025. Represents shares of Ordinary Shares underlying certain outstanding stock options previously granted under the 2008 Plan.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this registration statement shall also cover any additional shares of ordinary shares, par value $0.001 per share (the "Ordinary Shares") of Kandi Technologies Group, Inc. (the "Company") that may become issuable under the terms of the Kandi Technologies Group, Inc. Amended and Restated 2008 Omnibus Long-Term Incentive Plan (the "2008 Plan"), by reason of any share split, share dividend, recapitalization or other similar transaction effected without the Company's receipt of consideration which results in an increase in the number of the outstanding shares of Ordinary Shares. Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rules 457(c) under the Securities Act of 1933, as amended, based on the average of the high and low prices of the Company's Ordinary Shares on July 31, 2025. Represents shares of Ordinary Shares reserved for issuance pursuant to future awards under the 2008 Plan.