Better Health for All

Kandi Technologies' core business involves electric vehicles, off-road electric vehicles, and batteries, which comprise over 85% of its sales.

These products contribute to reducing air pollution and promoting sustainable mobility, providing significant preventative health benefits. The company has no products identified with significant negative health impacts. However, in September 2023, Kandi settled charges with the U.S. Securities and Exchange Commission for $710,000 related to vehicle safety issues concerning airbags that prevented a planned electric vehicle launch. Kandi's Hainan facility received National Green Factory certification in 2024, supporting carbon neutrality efforts and focusing on clean production and low-carbon energy use, which generates positive health externalities. The Hainan facility also holds ISO-45001 Occupational Health and Safety Management certification, but this pertains to workplace safety rather than broader public preventative health measures.

Fair Money & Economic Opportunity

Kandi Technologies Group, Inc. is primarily an electric vehicle manufacturer. While mentions the company offers retail financing options for its electric vehicles (NEVs) and Powersports vehicles, including an APR as low as 2.99% for NEVs, the provided articles do not contain specific, quantifiable data points for any of the KPIs under the 'Fair Money & Economic Opportunity' value.

There is no information regarding customer demographics, average APRs, fee structures, revenue from high-cost products, loan book composition, data portability, regulatory findings for lending, customer wealth outcomes, profit reinvestment in community finance, financial literacy programs, customer debt burden ratios, or geographic inclusion in financial services. The 'effective interest rate on debt' mentioned in refers to the company's own debt, not consumer loans. Therefore, no KPIs can be scored based on the provided evidence.

Fair Pay & Worker Respect

No specific, quantitative evidence was found in the provided articles to assess Kandi Technologies Group, Inc. against any of the 'Fair Pay & Worker Respect' KPIs. The company has a Code of Business Conduct and Ethics, approved on May 30, 2014, which applies to all directors, officers, and employees.

This code outlines general standards of conduct, compliance with applicable laws, reporting violations to the CFO, and disciplinary actions up to termination for misconduct. However, the articles do not provide measurable data for living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, turnover rates, labor violation incidents, insecure contract share, or health insurance coverage. General statistics on labor issues from external sources were not company-specific.

Honest & Fair Business

Kandi Technologies Group, Inc. restated its financial statements for the full years 2014, 2015, and the first three quarters of 2016 in March 2017.

This involved restating three annual periods due to issues with equity investments, classification of notes receivable/payable, related party accounts, and tax adjustments. A Delaware Court of Chancery ruling against the company cited failures in audit committee oversight, inadequate disclosure controls, and unjust enrichment of officers, noting inadequate accounting for related-party transactions and failure to provide requested documents.

No War, No Weapons

The provided article discusses a class action lawsuit against Kandi Technologies Group, Inc. concerning allegations of undisclosed related-party sales and fake revenue.

It does not contain any information or specific data points related to arms manufacturing, military contracts, dual-use technology, sales to sanctioned regimes, peacebuilding initiatives, or any other criteria relevant to the 'No War, No Weapons' ethical value.

Respect for Cultures & Communities

The provided articles contain no specific data points or metrics regarding Kandi Technologies Group, Inc.'s respect for cultures and communities.

Information on formal partnerships, community reinvestment, cultural impact assessments, local employment, grievance mechanisms, or other relevant aspects of community engagement and cultural preservation is explicitly stated as absent across all sources.

Safe & Smart Tech

The company's privacy policy, updated December 26, 2019, states that user account data is retained for 7 years, which falls into the 5-7 year retention period tier for data minimization.

Users are able to access, export, and request deletion of their data, which aligns with industry-standard user privacy controls. The policy also states the company uses Advanced Encryption Standard (AES), which is a standard encryption practice. Furthermore, the company claims compliance with GDPR and other relevant laws, indicating basic regulatory compliance.