- Kandi Technologies (KNDI, Financial) partners with DEEP Robotics to develop smart golf and security robots.
- The global quadruped robot market is projected to reach $11.96 billion by 2034, with North America holding 40% of the market share.
- Production will involve Kandi's facilities in China, Taiwan, and Texas for potential localized manufacturing.
Kandi Technologies Group, Inc. (NASDAQ: KNDI), a leading company in all-electric personal and utility vehicles, has announced a strategic partnership with DEEP Robotics to expand its business into smart golf equipment and security robots for the North American market. This collaboration seeks to leverage Kandi's manufacturing and distribution expertise alongside DEEP Robotics' advanced AI and robotics technologies.
The primary focus of this partnership centers on developing golf caddy robots by adapting Kandi's existing golf cart platforms with DEEP Robotics’ autonomous functionalities. In addition, the companies will work on creating security inspection quadruped robots capable of 24/7 autonomous monitoring, targeting specialized applications such as golf course maintenance and security inspections.
The quadruped robot market is anticipated to grow significantly, from $2.61 billion in 2025 to $11.96 billion by 2034, at a compounded annual growth rate (CAGR) of 18.4%. North America is expected to capture roughly 40% of this market, offering substantial opportunities for Kandi's future endeavors.
Kandi plans to utilize its extensive facilities located in China, Taiwan, and Texas, as well as support from its subsidiary, SC Autosports, for the localized production and distribution of these robotic solutions. Localized manufacturing in North America will commence once favorable conditions are met, ensuring compliance with regional standards and tapping into local market potential.
This strategic partnership is designed to position Kandi favorably in high-growth sectors, diversifying beyond its traditional electric vehicle offerings and capitalizing on its existing expertise in off-road vehicles and distribution channels. This aligns with broader industry trends towards automation and AI, potentially enabling Kandi to access higher-margin markets.
