SUMMARIZED INFORMATION OF EQUITY METHOD INVESTMENT IN THE JV COMPANY (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Combined Results of Condensed Income Statement Information [Table Text Block]

		Three months ended
		March 31,
		2015		2014
Condensed income statement information:
Net sales	$	30,564,996	$	34,860,044
Gross income		7,980,664		4,287,928
Net income		803,221		1,656,824
Company’s equity in net income of JV	$	401,610	$	828,412

Schedule of Combined Results of Condensed Balance Sheet Information [Table Text Block]

		March 31,		December 31,
		2015		2014
Condensed balance sheet information:
Current assets	$	375,015,723	$	262,543,256
Noncurrent assets		195,345,452		194,229,114
Total assets	$	570,361,175	$	456,772,370
Current liabilities		387,909,049		280,779,432
Noncurrent liabilities		14,077,276		9,006,787
Equity		168,374,850		166,986,151
Total liabilities and equity	$	570,361,175	$	456,772,370

Schedule of Changes in the Companys Investment [Table Text Block]

		Three Months Ended
		March 31,
		2015			2014
Investment in JV Company,  beginning of the period,	$	83,309,095		$	79,331,930
Share of profit		401,610			828,412
Intercompany transaction elimination		(116,252	)
Year 2014 unrealized profit realized		183,998			899,943
Exchange difference		292,327			(661,106	)
Investment in JV Company, end of the period	$	84,070,778		$	80,399,179

Schedule of Significant Balances [Table Text Block]

		March		December 31,
		31, 2015		2014
Kandi Shanghai	$	16,538,927	$	6,978,618
Kandi Changxing		20,389,790		7,359,202
Kandi Jinhua		9,877,099		12,736,420
JV Company		24,461,441		24,376,372
Consolidated JV Company	$	71,267,257	$	51,450,612