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Kandi Makes AI Infrastructure Play With Xinchu Acquisition

Jun 29, 2026, 12:27 PMAkanksha Bakshi

Kandi Technologies (KNDI) acquires 51% of Xinchu New Energy for $2.9M, entering the AI data center backup power & energy storage market.

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KNDI
Source
benzinga
Observed
Jun 29, 2026, 12:27 PM
Checked
Jun 29, 2026, 12:30 PM
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Captured once, then retained as an archive reference
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