Kandi Technologies Secures First Order with Indonesia's GoTo, Expands into Southeast Asia

Reuters
2025.09.09 12:00
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Kandi Technologies Group Inc. has secured its first order with Indonesia's GoTo Group, marking a significant step in its Southeast Asian expansion. The company has launched a new subsidiary, Hangzhou Liaowangta Technology Co., Ltd., to supply three robots to GoTo, Indonesia's largest digital ecosystem. CEO Feng Chen emphasized Kandi's commitment to delivering high-value products through integrated solutions and AI architecture, aiming for sustained growth and shareholder value.

Kandi Technologies Group Inc. has announced a significant new contract, marking a pivotal milestone in its expansion into the Southeast Asian market. The company has established a new subsidiary, Hangzhou Liaowangta Technology Co., Ltd., which will supply three robots to GoTo Group, Indonesia’s largest digital ecosystem. This inaugural order signifies Kandi’s commitment to advancing its intelligent robotics business and delivering innovative solutions globally. CEO Feng Chen expressed confidence in Kandi’s ability to provide high-value products through integrated hardware-software solutions and AI-native architecture, aiming for sustained growth and shareholder value. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kandi Technologies Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9525713-en) on September 09, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)