Strategic expansion adds 1.6 million square feet of EV production capacity rent-free in China, boosting Phoenix's global manufacturing footprint to nearly 2 million square feet ANAHEIM, CA / ACCESS Newswire / June 30, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and... Read More

ANAHEIM, CA / ACCESS Newswire / June 27, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced financial results for the first quarter ended March 31, 2025. Q1 2025 Financial Highlights Revenue totaled $4.4 million, compared to $9.4 million in Q1 2024. The prior-year period benefited from one-time sales of... Read More

ANAHEIM, CA / ACCESS Newswire / May 30, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the fiscal year ended December 31, 2024. Fiscal Year 2024 Financial Highlights Revenue increased 898% to $31.1 million, up from $3.1 million in FY 2023 Gross profit increased... Read More

ANAHEIM, CA / ACCESS Newswire / May 20, 2025 / Phoenix Motor Inc . (the "Company" or "PhoenixEV"), a leading manufacturer of medium-duty shuttle buses, trucks, and heavy-duty transit buses, announced today its first order of five (5) all-electric, zero-emission Z-400 shuttle buses from the County of Los Angeles Internal Services Department (ISD). These electric vehicles, built on the Ford E-450 chassis and powered by... Read More

ANAHEIM, CA / ACCESS Newswire / May 12, 2025 / Phoenix Motor Inc. dba PhoenixEV, a leading manufacturer of all-electric, zero-emission vehicles, is pleased to announce its participation in the 2025 U.S. Caribbean Business Conference, organized by the U.S. Commercial Service and taking place in Miami, Florida from May 13-14, 2025. This event marks a significant step in PhoenixEV's strategic global expansion, with a strong... Read More

ANAHEIM, CA / ACCESS Newswire / May 7, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on June 4, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor CEO Denton Peng, CFO Michael Yung, COO Lewis Liu, CRO Jose Paul Plackal,... Read More

Company also reaffirms 2025 revenue targeted at $40M-$50M ANAHEIM, CA / ACCESS Newswire / May 6, 2025 / Phoenix Motor Inc. (OTC:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced an upward revision to its 2024 revenue guidance, reflecting stronger-than-anticipated customer demand and increased production capacity. The company now expects... Read More

ANAHEIM, CA / ACCESS Newswire / May 5, 2025 / Phoenix Motor Inc. dba PhoenixEV, a leading manufacturer of all-electric, medium- and heavy-duty vehicles, is pleased to announce that it has been awarded a multi-category contract by the California Department of General Services (DGS) for Battery Electric Buses (BEBs). PhoenixEV has been selected for the following vehicle categories: Group 2 - 35-foot Battery Electric Bus (BEB)... Read More

ANAHEIM, CA / ACCESS Newswire / May 2, 2025 / Phoenix Motor Inc. (NASDAQ:PEV) (the "Company") today announced that it received a notice (the "Notice") from the Nasdaq Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is no longer in compliance with Listing Rule 5250(c)(1) due to its failure to file its Annual Report on Form 10-K for the year ended December... Read More

ANAHEIM, CA / ACCESS Newswire / April 16, 2025 / Phoenix Motor Inc. dba Phoenix EV (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is excited to announce its participation in the Advanced Clean Transportation (ACT) Expo, taking place from April 28 to May 1 at the Anaheim Convention Center. This prestigious event brings together industry... Read More

ANAHEIM, CA / ACCESS Newswire / April 15, 2025 / Phoenix Motor Inc. (the "Company"), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has formally appealed the Nasdaq delisting determination and is taking proactive steps to protect shareholder value following the trading halt of its common stock (previously traded under: PEV). Hearing... Read More

ANAHEIM, CA / ACCESS Newswire / April 8, 2025 / Phoenix Motor Inc. dba PhoenixEV (NASDAQ:PEV), a leading manufacturer of all-electric, medium-duty vehicles, today announced a strategic partnership with ADASTEC Corp., a leading software company specializing in SAE Level-4 automated driving software solutions. Together, the companies will develop and deploy 40-foot battery-electric buses equipped with Level 4 automated driving... Read More

Plan for a Range of Vehicles Using Wireless Charging to Improve Range and ROI ANAHEIM, CA / ACCESS Newswire / April 2, 2025 / Phoenix Motor Inc., and InductEV Inc. today announced the successful integration of wireless inductive charging capabilities into its medium-duty electric shuttle bus, a world-first for a commercially available vehicle of this type. The integration of InductEV wireless charging enhances the... Read More

ANAHEIM, CA / ACCESS Newswire / March 25, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up to $5 million of its outstanding common stock. "We believe that our current share price does not fully... Read More

ANAHEIM, CA / ACCESS Newswire / March 24, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on May 6, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor's CEO, Denton Peng. Attendees will gain insight into Phoenix Motor's... Read More

ANAHEIM, CA / ACCESS Newswire / March 21, 2025 / Phoenix Motor Inc . (Nasdaq:PEV) (the "Company") today announced that it has decided to postpone the Annual Meeting of Stockholders, which was originally scheduled for 11:00 AM Pacific Time today, March 21, 2025. The Company opted to delay the meeting to a future date, which will be determined and announced in due course. The Company will provide updated information regarding... Read More

ANAHEIM, CA / ACCESS Newswire / March 20, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that its wholly-owned subsidiary, EdisonFuture International Co., Ltd. ("EdisonFuture International"), has entered into a strategic cooperation agreement with Beijing Guorun Venture Capital Co., Ltd. ("Guorun") to... Read More

ANAHEIM, CA / ACCESS Newswire / March 19, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a groundbreaking initiative to develop autonomous robots designed for package pickup and last-mile delivery. This new program builds upon the company's recently announced autonomous food and beverage delivery... Read More

ANAHEIM, CA / ACCESS Newswire / March 19, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced it has secured a $6 million loan financing agreement with J.J. Astor & Co. The funding will support Phoenix Motor's expansion efforts, including increased operations and production to fulfill pending orders for... Read More

ANAHEIM, CA / ACCESS Newswire / March 18, 2025 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic partnership with Noodoe, a leading global provider of advanced AI-driven EV charging software and energy management solutions, aimed at accelerating innovation and sustainability in zero-emissions... Read More

Company forecasts $30M+ revenue and positive net income in 2024, with 2025 revenue targeted at $40M-$50M ANAHEIM, CA / ACCESS Newswire / March 6, 2025 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced its 2024 and 2025 revenue guidance, highlighting substantial growth and a key inflection point toward... Read More

ANAHEIM, CA / ACCESS Newswire / March 5, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on March 6, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor's CEO, Denton Peng. Attendees will gain insight into Phoenix Motor's... Read More

ANAHEIM, CA / ACCESS Newswire / February 24, 2025 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced it has surpassed 60 million zero-emission miles driven across its product lineup. The milestone underscores PhoenixEV's role in advancing sustainable transportation, with deployments spanning its 35' and 40'... Read More

ANAHEIM, CA / ACCESS Newswire / February 18, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the formation of EdisonFuture International Co., Ltd., a wholly-owned subsidiary based in Hong Kong. This new entity will focus on international opportunities, leveraging Phoenix Motor's advanced EV technologies... Read More

ANAHEIM, CA / ACCESS Newswire / February 14, 2025 / Phoenix Motor Inc. ( NASDAQ:PEV ), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has received confirmation from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires timely filing of periodic... Read More

ANAHEIM, CA / ACCESS Newswire / February 13, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on March 6, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor's CEO, Denton Peng. Attendees will gain insight into Phoenix Motor's... Read More

ANAHEIM, CA / ACCESS Newswire / February 12, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenue increased 1,557% to $4.77 million, up from $0.18 million in Q3 2023 Gross profit... Read More

ANAHEIM, CA / ACCESS Newswire / February 6, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic initiative to develop autonomous electric vehicles tailored for the food and beverage delivery industry. This initiative will commence with a pilot project in collaboration with a Silicon Valley-based... Read More

ANAHEIM, CA / ACCESS Newswire / January 23, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the appointment of Tony Zhou as its new Chief Technology Officer (CTO), effective January 20, 2025. Zhou brings more than two decades of expertise in autonomous driving and artificial intelligence (AI) to Phoenix... Read More

ANAHEIM, CA / ACCESSWIRE / December 12, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on January 21, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor's CEO, Denton Peng. Attendees will gain insight into Phoenix Motor's... Read More

ANAHEIM, CA / ACCESSWIRE / November 21, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) (the "Company") today announced that it received a delinquency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") due to the Company's non-compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") as a result of the Company's failure to timely file its Quarterly Report on Form 10-Q for the... Read More

ANAHEIM, CA / ACCESSWIRE / October 31, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenue increased 937% to $12.03 million, up from $1.16 million in Q2 2023 Gross profit increased... Read More

ANAHEIM, CA / ACCESSWIRE / October 29, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on November 18, 2024, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor's CEO, Denton Peng, CFO Michael Yung, and CCO Jose Paul. Attendees will... Read More

GREENVILLE, SC / ACCESSWIRE / October 16, 2024 / Phoenix Motor Inc.'s (Nasdaq:PEV) PhoenixEV, a leader in electric vehicle (EV) development for the commercial sector, today announced its work on four all-electric transit buses for the University of California San Diego, to be delivered in early 2025. The 35-foot electric buses from PhoenixEV will be deployed to decarbonize the last mile transportation, reducing particulate... Read More

ANAHEIM, CA / ACCESSWIRE / October 3, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net revenues increased to a record $9.4 million, up from $1.8 million in the prior year period. Gross... Read More

GREENVILLE, SC / ACCESSWIRE / September 25, 2024 / Phoenix Motor Inc.'s (NASDAQ:PEV) PhoenixEV, a leader in electric vehicle (EV) development for the commercial sector, today announced its membership in the American Public Transportation Association (APTA), a move that underscores the company's dedication to advancing sustainable transportation solutions. APTA is the nation's largest public transportation association,... Read More

ANAHEIM, CA / ACCESSWIRE / September 23, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reiterated its guidance for the first quarter of 2024. The Company expects to report a record $9.4 million in revenue for the first quarter, exceeding the previously issued guidance range of $8 million to $9 million. The... Read More

The Company reiterates its record revenue guidance for Q1 2024 ANAHEIM, CA / ACCESSWIRE / September 9, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reiterated its guidance for the first quarter of 2024. The Company expects to report a record $9.4 million in revenue for the first quarter, exceeding the... Read More

ANAHEIM, CA / ACCESSWIRE / August 21, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) (the "Company") today announced that it received a delinquency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") on August 16, 2024 due to the Company's non-compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") as a result of the Company's failure to timely file its Quarterly Report on... Read More

The Company reiterates its record revenue guidance for Q1 2024 ANAHEIM, CA / ACCESSWIRE / August 14, 2024 / Phoenix Motor Inc . (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reiterated its guidance for the first quarter of 2024. The Company expects to report a record $9.4 million in revenue for the first quarter, exceeding the... Read More

GREENVILLE, SC / ACCESSWIRE / July 15, 2024 / Phoenix Motor Inc .'s (Nasdaq:PEV) PhoenixEV, a leading manufacturer of innovative electric buses, delivered five 40' ZX5 battery electric buses in May 2024 for the University of California, Irvine (UCI). This win marks a major step for PhoenixEV in providing universities with... Read More

The Company has rescheduled its Q1 earnings call to August 15 ANAHEIM, CA / ACCESSWIRE / July 11, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced updated guidance for the first quarter of 2024. The Company now expects to report a record $9.4 million in revenue for the first quarter, exceeding the... Read More

ANAHEIM, CA / ACCESSWIRE / June 26, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a trailblazer in the realm of zero-emission vehicles, proudly announces the integration of the recently acquired Proterra transit bus division into its existing medium-duty business, heralding the birth of a new powerhouse brand: PhoenixEV. This strategic amalgamation combines the expertise and innovation of two dominant industry players, cementing... Read More

ANAHEIM, CA / ACCESSWIRE / June 20, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has rescheduled its first quarter 2024 earnings call to Thursday, July 11, 2024, at 4:30 p.m. ET. Event: Phoenix Motor First Quarter 2024 Financial Results Conference Call Date: Thursday, July 11, 2024 Time: 4:30... Read More

ANAHEIM, CA / ACCESSWIRE / June 6, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has rescheduled its first quarter 2024 earnings call to Thursday, June 20, 2024, at 4:30 p.m. ET. Event: Phoenix Motor First Quarter 2024 Financial Results Conference Call Date: Thursday, June 20, 2024 Time: 4:30... Read More

ANAHEIM, CA / ACCESSWIRE / May 30, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has rescheduled its first quarter 2024 earnings call to Thursday, June 6, 2024, at 4:30 p.m. ET. Event: Phoenix Motor First Quarter 2024 Financial Results Conference Call Date: Thursday, June 6, 2024 Time: 4:30... Read More

ANAHEIM, CA / ACCESSWIRE / May 29, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) (the "Company") today announced that it received a delinquency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") on May 22, 2024 due to the Company's non-compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") as a result of the Company's failure to timely file its Quarterly Report on Form... Read More

ANAHEIM, CA / ACCESSWIRE / May 23, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has rescheduled its first quarter 2024 earnings call to Thursday, May 30, 2024, at 4:30 p.m. ET. Event: Phoenix Motor First Quarter 2024 Financial Results Conference Call Date: Thursday, May 30, 2024 Time: 4:30... Read More

ANAHEIM, CA / ACCESSWIRE / May 17, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced it will host a conference call on Thursday, May 23, 2024 at 4:30 p.m. ET to discuss and answer questions about the Company's operational and financial highlights for the first quarter ended March 31, 2024. Event: Phoenix... Read More

ANAHEIM, CA / ACCESSWIRE / May 13, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses, and electrification solutions provider for medium-duty vehicles, announced the production launch of its first fourth-generation drivetrain for Class-4 shuttle buses & trucks. The first two units will be delivered to customers in New Jersey. Phoenix is one of the earliest electric commercial vehicle... Read More

ANAHEIM, CA / ACCESSWIRE / May 6, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, will unveil its new branding at the Advanced Clean Transportation (ACT) Expo at the Las Vegas Convention Center, to be held from May 20-23 at booth #1170. In addition to the new branding, Phoenix will showcase the wide range of commercial... Read More

ANAHEIM, CA / ACCESSWIRE / April 25, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) (the "Company"), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced it signed a waiver agreement with JAK Opportunities II LLC, one of the Company's principal investors, eliminating a potential $12 million convertible promissory note issuance related to a Securities... Read More

ANAHEIM, CA / ACCESSWIRE / April 23, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic partnership with Cennatic Power ("Cennatic"), a wholly owned subsidiary of Cenntro Inc. (CENN), to supply advanced battery packs custom-manufactured for Phoenix Motor's range of commercial electric vehicles... Read More

ANAHEIM, CA / ACCESSWIRE / April 18, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced its revenue guidance for the second quarter of 2024. The company expects to report revenue in the range of $14 million to $16 million, representing a significant increase from the $1.8 million recorded in the first... Read More

ANAHEIM, CA / ACCESSWIRE / April 18, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced it has surpassed 55 million miles driven across its range of products. Phoenix offers a range of electric vehicles including the 35' and 40' transit bus, medium-duty shuttle buses, work trucks, delivery trucks, and Type... Read More

ANAHEIM, CA / ACCESSWIRE / April 18, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the appointment of Michael Yung as its new Chief Financial Officer (CFO), effective April 17, 2024. Yung brings over 25 years of financial leadership and strategic business acumen to Phoenix Motor. Before joining... Read More

In-person attendees planning to visit the Greenville, SC facility must RSVP in advance ANAHEIM, CA / ACCESSWIRE / April 16, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced it is hosting an Investor Day on April 18, 2024 at its recently acquired transit bus manufacturing facility in Greenville, South... Read More

ANAHEIM, CA / ACCESSWIRE / April 15, 2024 / Phoenix Motor Inc . (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced its revenue guidance for the first quarter of 2024. The company expects to report revenue in the range of $8 million to $9 million, representing a significant increase from the $1.8 million recorded in the first... Read More

Dr. Liu brings a unique blend of skills and experiences in AI, automotive engineering, strategic business development, and operation management. ANAHEIM, CA / ACCESSWIRE / April 12, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the appointment of Dr. Lewis Liu as its new Chief Operating Officer (COO),... Read More

ANAHEIM, CA / ACCESSWIRE / April 11, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced its plans to establish an Artificial Intelligence (AI) development center in Silicon Valley, California. This new center will focus on developing next-generation self-driving technology and advanced energy management... Read More

ANAHEIM, CA and KING OF PRUSSIA, PA / ACCESSWIRE / March 18, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced an Integration Agreement with InductEV, a pioneer in wireless vehicle charging technology. InductEV's solution allows EV fleets to achieve their decarbonization goals with hands-free on-route... Read More

ANAHEIM, CA / ACCESSWIRE / March 13, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) (the "Company" or "Phoenix"), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, announced today that its Board of Directors has appointed J. Mark Hastings as the Company's Chief Financial Officer. In commenting on the appointment, Denton Peng, CEO of Phoenix said, "We are delighted to... Read More

ANAHEIM, CA / ACCESSWIRE / March 11, 2024 / Phoenix Motor Inc. (Nasdaq:PEV) (the "Company" or "Phoenix"), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, announced today that its management team is scheduled to host one-on-one investor meetings at the 36 th Annual Roth Conference which runs from Sunday March 17th through Tuesday March 19th in Dana Point,... Read More

ANAHEIM, CA / ACCESSWIRE / March 6, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) (the "Company" or "Phoenix"), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, announced today that repeat customer Raleigh Durham International Airport (RDU) has placed an order for six zero emission Phoenix battery electric buses, marking Phoenix's first formal order after acquiring... Read More

ANAHEIM, CA / ACCESSWIRE / February 26, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) (the "Company" or "Phoenix"), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, announced today that is will host interested analysts and investors and its recently acquired Transit Bus manufacturing facility in Greenville, South Carolina. The event will take place on Thursday,... Read More

ANAHEIM, CA / ACCESSWIRE / February 7, 2024 / Phoenix Motor Inc. (Nasdaq:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced that it has completed the acquisition of the Battery Lease portfolio for $6.5 million from Proterra Inc. and Proterra Operating Company, Inc. (collectively "Proterra"), a leading innovator in commercial vehicle electrification... Read More

ANAHEIM, CA / ACCESSWIRE / January 30, 2024 / Phoenix Motor Inc. (Nasdaq:PEV) (the "Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, announced today that it has entered into a securities purchase agreement with certain accredited institutional investors for the purchase and sale of purchase approximately $4.8 million of its common stock in a registered direct offering and... Read More

Update to occur on Thursday January 25 th @ 2:00 pm EST ANAHEIM, CA / ACCESSWIRE / January 25, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, announced the details of its investor update to be held later today. In it, the Company will provide its initial plans for recently acquired Proterra Transit business line ("Proterra Transit").... Read More

Schedules update call for Thursday January 25 th to discuss initial plans ANAHEIM, CA / ACCESSWIRE / January 18, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today provided its initial guidance incorporating the recently-acquired Proterra Transit business line ("Proterra Transit"). As previously reported, Phoenix purchased the business... Read More

Acquisition Adds Full-size All-electric Transit Buses to the Company's Existing Medium-duty Offering ANAHEIM, CA / ACCESSWIRE / January 12, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced that it has completed the acquisition of the Proterra Transit business line ("Proterra Transit") from Proterra Inc. and Proterra... Read More

ANAHEIM, CA / ACCESSWIRE / January 3, 2024 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced that its EdisonFuture subsidiary plans to accept Bitcoin as a payment option for its customers to pay for EdisonFuture brand electric pick-up trucks and delivery vans, once those products become available in the market. The company... Read More

ANAHEIM, CA / ACCESSWIRE / December 18, 2023 / Phoenix Motor Inc. (Nasdaq:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced the successful demonstration of the nation's first autonomous cutaway shuttle bus with Houston METRO, in partnership with Perrone Robotics, STV and AECOM. This is the first Federal Motor Vehicle Safety Standards (FMVSS), Americans with... Read More

ANAHEIM, CA / ACCESSWIRE / December 7, 2023 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced plans to demonstrate its Phoenix Exchange Battery Swap Technology for commercial vehicles in January. The demonstrations will be held at... Read More

ANAHEIM, CA / ACCESSWIRE / November 28, 2023 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced that it has reached an agreement with Rayz Technologies to pre-install Rayz Technologies' flagship mass-production LiDAR sensors in its next generation electric vehicles. The company's future product lines, including electric pickup... Read More

Enables Florida school districts to purchase zero-emission battery electric Type-A buses more efficiently ANAHEIM, CA / ACCESSWIRE / November 22, 2023 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced an awarded contract by the Florida Sheriffs Association's Cooperative Purchasing Program, enabling schools to procure and purchase... Read More

ANAHEIM, CA / ACCESSWIRE / November 14, 2023 / Phoenix Motor Inc. (Nasdaq:PEV) (the "Company" or "Phoenix"), a leader in manufacturing of all-electric, medium-duty vehicles, today reported financial and operational results for the third quarter of 2023. Third Quarter 2023 Financial Highlights Net revenues decreased 30% to $0.3 million, compared to $0.4 million in Q3 2022, as revenue decreased from both electric vehicle and... Read More

Acquisition Will Add Full-size Transit Buses to the Company's Existing Medium-duty Offering ANAHEIM, CA / ACCESSWIRE / November 14, 2023 / Phoenix Motor Inc. (Nasdaq:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced that it was the successful bidder to acquire the Proterra Transit business line ("Proterra Transit") from Proterra Inc. ("Proterra"), a leading... Read More

ANAHEIM, CA / ACCESSWIRE / November 13, 2023 / Phoenix Motor Inc. (Nasdaq:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced that its EdisonFuture subsidiary has launched a new Alkaline Electrolyzer solution, in addition to its existing Proton Exchange Membrane (PEM), for the production of green hydrogen products. The product launch supports the Company's... Read More

Results in Closing of the Listing Matter ANAHEIM, CA / ACCESSWIRE / October 23, 2023 / Phoenix Inc. (NASDAQ:PEV) ("Phoenix" or the "Company"), a leading electrification solutions provider for medium-duty vehicles, today announced that it has received formal notice from the Listing Qualifications staff of The Nasdaq Stock Market LLC indicating that Phoenix has regained compliance with the minimum bid price requirement set... Read More

Zero Emission Type A with a Cutaway Chassis School Buses for California Schools ANAHEIM, CA / ACCESSWIRE / October 20, 2023 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced the Company's award of a contract by the California Department of General Services ("DGS"), enabling school districts to procure and purchase Phoenix... Read More

ANAHEIM, CA / ACCESSWIRE / October 17, 2023 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced that it has received a notification letter from Nasdaq Stock Market LLC ("Nasdaq") that the Company has been granted an additional 180-day compliance period, or until April 15, 2024 to regain compliance with Nasdaq's minimum bid price... Read More

Vehicle-To-Grid Capability across Medium-Duty EV Buses & Trucks ANAHEIM, CA / ACCESSWIRE / October 17, 2023 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, and Fermata Energy LLC, a leading software provider of Vehicle-to-Everything (V2X) bidirectional charging platforms, today announced the successful integration of Vehicle-to-Grid (V2G)... Read More

ANAHEIM, CA / ACCESSWIRE / October 11, 2023 / Phoenix Motor Inc . (NASDAQ:PEV) ("Company" or "Phoenix"), a leader in manufacturing of all-electric, medium-duty vehicles, today announced its participation in the San Francisco Airport's Clean Air Vehicle Expo, supporting the efforts to decarbonize ground transportation around the airport. With a commitment to providing clean and efficient transportation options, Phoenix is... Read More

Facilitates Cost Effective and Accelerated Electrification for Fleets ANAHEIM, CA / ACCESSWIRE / October 4, 2023 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced the launch of its Gen 4 retrofit electrification solution for medium-duty vehicles. The company's fourth generation electric drive system can be utilized to electrify a... Read More

Asset Package would further bolster the Company's leadership position in the commercial EV sector ANAHEIM, CA / ACCESSWIRE / October 2, 2023 / Phoenix Motor Inc. (NASDAQ:PEV) ("Company" or "Phoenix"), a leader in manufacturing of all-electric, medium-duty commercial vehicles, today announced that the Company has signed a non-binding convertible bond term sheet providing for up to $300 million in funding with a... Read More

ANAHEIM, Calif. / Aug 14, 2023 / Business Wire / Phoenix Motor Inc. (Nasdaq: PEV) (the “Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today reported financial and operational results for the second quarter of 2023. Second Quarter 2023 Financial Highlights Net revenues decreased 23% to $1.2 million, compared to $1.5 million in Q2 2022, as a significant increase in revenue from... Read More

ANAHEIM, Calif. / Aug 09, 2023 / Business Wire / Phoenix Motor Inc. (“Company” or “Phoenix”) (Nasdaq: PEV), a leader in manufacturing of all-electric, medium-duty vehicles, today announced that the Company will release its second quarter 2023 financial results after market close on Tuesday, August 15, 2023. This release will be followed by a conference call hosted by members of the Phoenix Motorcars management team at 5:00... Read More

Represents largest single order in Company history ANAHEIM, Calif. / Jul 24, 2023 / Business Wire / Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced a purchase order for thirteen all electric, zero-emission trucks to be deployed for Los Angeles World Airports (LAWA). The order was executed through National Auto Fleet Group (NAFG) and... Read More

ANAHEIM, Calif. / Jul 18, 2023 / Business Wire / Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced the recent delivery of an all-electric, zero-emission service truck to the San Bernardino City Unified School District. The electric service truck was built on a Ford E-450 chassis powered by Phoenix Motorcars and will serve the school... Read More

ANAHEIM, Calif. / Jul 13, 2023 / Business Wire / Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced delivery of three new all-electric shuttle buses to WallyPark (“WallyPark”), a parking service provider. The addition of these new all-electric shuttle buses augments WallyPark’s current fleet of over 30 electric shuttle buses, supporting... Read More

ANAHEIM, Calif. / Jul 11, 2023 / Business Wire / Headline of release should read: Phoenix Motorcars Enhances Senior Management Team (instead of Phoenix Motorcars Enhancements Senior Management Team). The updated release reads: PHOENIX MOTORCARS ENHANCES SENIOR MANAGEMENT TEAM Phoenix Motor Inc. (“Company” or “Phoenix”) (Nasdaq: PEV), a leader in manufacturing all-electric, medium-duty vehicles, is pleased to announce the... Read More

Phoenix Motor Inc. (“Company” or “Phoenix”) (Nasdaq: PEV), a leader in manufacturing all-electric, medium-duty vehicles, is pleased to announce the appointments of Jose Paul as Chief Revenue Officer and Lewis Liu as Senior Vice President of Operations. “We are proud to be able to enhance and streamline our senior management team with such talented, seasoned industry veterans,” said Xiaofeng Denton Peng, CEO of Phoenix... Read More

ANAHEIM, Calif. / May 15, 2023 / Business Wire / Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today reported financial and operational results for the first quarter of 2023. First Quarter 2023 Financial Highlights Net revenues increased 165.4% to $1.8 million, compared to $0.7 million in Q1 2022, driven by a significant increase in the number of... Read More

Investors can participate onsite at SPI’s HQ in McClellan Park, California or virtually via Zoom ANAHEIM, Calif. / May 11, 2023 / Business Wire / Phoenix Motor Inc. (“Company” or “Phoenix Motorcars”) (Nasdaq: PEV), a leader in manufacturing of all-electric, medium-duty vehicles, today announced its participation in SPI Energy’s upcoming Investor Day, to be held on May 19, 2023, both onsite at the Company's corporate... Read More

ANAHEIM, Calif. / May 10, 2023 / Business Wire / Phoenix Motor Inc . (“Company” or “Phoenix”) (Nasdaq: PEV), a leader in manufacturing of all-electric, medium-duty vehicles, today announced that the Company will release its first quarter 2023 financial results after market close on Monday, May 15, 2023. This release will be followed by a conference call hosted by members of the Phoenix Motorcars management team at 5:00 PM... Read More

ANAHEIM, Calif. / Apr 28, 2023 / Business Wire / Phoenix Motor Inc. (the “Company” or “Phoenix”) (Nasdaq: PEV), a leader in manufacturing of all-electric, medium-duty vehicles, will be exhibiting its new Gen 4 medium-duty electric drive system for fleet service at the Advanced Clean Transportation (ACT) Expo at the Anaheim Convention Center, next Monday through Thursday, May 1-4 at booth #5364. The Phoenix engineering team... Read More

ANAHEIM, Calif. / Apr 24, 2023 / Business Wire / Phoenix Motor Inc. (“Company” or “Phoenix”) (Nasdaq: PEV), a leader in manufacturing all-electric, medium-duty vehicles, is pleased to announce the promotion of Dr. Frank Lee to Chief Technology Officer and the hiring of Dr. Joseph Xiang to serve as Vice President of Electrical and Software Engineering. “We are proud to be able to attract such talented, seasoned industry... Read More

ANAHEIM, Calif. / Mar 29, 2023 / Business Wire / Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced its unaudited results for the fourth quarter and full year ended December 31, 2022. The audited financial statements for the year ended December 31, 2022 will be publicly filed by March 31, 2023. Financial Highlights for the Fourth Quarter... Read More

ANAHEIM, Calif. / Mar 22, 2023 / Business Wire / Phoenix Motorcars (the “Company” or “Phoenix”) (Nasdaq: PEV), a leader in manufacturing of all-electric, medium-duty vehicles, today announced that its management team is scheduled to participate in Maxim Group’s Electric Vehicle & Auto Tech Conference on Thursday, March 30 th . Chris Wang, Phoenix’s Chief Financial Officer, and Mark Hastings, its Senior Vice President of... Read More

Phoenix Motor Inc. (the “Company” or “Phoenix”) (Nasdaq: PEV), a leader in manufacturing of all-electric, medium-duty vehicles, today announced the signing of a Memorandum of Understanding (“MOU”) with Matthews Specialty Vehicles, Inc., a global leader in the custom design and manufacture of purpose-built specialty vehicles, to jointly build and deploy Class 4 electric specialty vehicles for commercial applications including... Read More

Phoenix Motor Inc . (the “Company” or “Phoenix”) (Nasdaq: PEV), a leader in manufacturing of all-electric, medium-duty vehicles, today announced the company is now a qualified manufacturer for the commercial clean vehicle credit under the Inflation Reduction Act. Phoenix Motorcars’ all-electric commercial vehicle models weighing greater than 14,000 pounds gross vehicle weight rating (GVWR) are eligible for up to $40,000 in... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix Motorcars”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced that the Company will release its fourth quarter and full year 2022 financial results after market close on Wednesday, March 29, 2023. This release will be followed by a conference call hosted by members of the Phoenix Motorcars management team at 5:00 PM Eastern Time.... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, is proud to announce that the company recently fulfilled an order for three all-electric, zero emission medium-duty trucks to the City of Salinas. The Phoenix zero emission vehicles included one flatbed and two cargo trucks, as well as three Level III charging stations. The medium-duty trucks Phoenix... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, announced the signing of an Equipment Testing Agreement with Fermata Energy LLC, a leading provider of V2X (vehicle-to-everything) bidirectional charging platforms. The Fermata Energy platform allows EVs to be utilized as mobile energy storage assets to send energy stored in EV batteries to the local... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced the signing of a non-binding Memorandum of Understanding (“MOU”) with Contemporary Amperex Technology Co., Limited (SHE: 300750) (“CATL”), a global leader of new energy innovative technologies, for the co-development of batteries for Phoenix Motorcars’ product lines. The MOU will support... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced its financial results for the third quarter ended September 30, 2022. Financial Highlights Third Quarter Revenue totaled $409,000 for the third quarter, a decrease of approximately 26% compared to the prior-year period of $554,000 principally due to software-related issues and battery... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing all-electric, medium-duty vehicles, today announced the appointments of Dr. Frank Lee as Vice President of Engineering, and Dr. Bo Yang as Vice President of Fuel Cell Business. In commenting on the appointments, Dr. Lance Zhou, CEO of Phoenix Motor Inc., said, “We are excited to add such experienced veterans to the team. Frank brings a... Read More

Agreement targets at least 300 school buses over the next three years Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, and Pegasus Specialty Vehicles today announced the formation of a strategic partnership to jointly develop Type A electric school buses, targeted for the North American market. The agreement targets a minimum of 300 Type A school... Read More

Accelerates development time, increases quality and reduces costs of Phoenix’s Gen 4 vehicles Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a pioneer in the manufacturing of all-electric, medium-duty vehicles, and IAT Automobile Technology Co., Ltd. (Shenzhen Stock Exchange: 300825) (“IAT”), a leading independent automotive design company, today announced an agreement with the goal of advancing the engineering... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced its participation in the H.C. Wainwright 24th Annual Global Investment Conference. Chris Wang, Chief Financial Officer, and Mark Hastings, Senior Vice President & Head of Investor Relations, will be available for in-person meetings throughout the conference, which will be held in-person... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, announced the acquisition of hydrogen fuel cell manufacturing assets, including an automated, robotic fuel cell assembly line, from Altergy Systems (“Altergy”). Phoenix will utilize the manufacturing facility to design and produce hydrogen fuel cells to power forklifts, hybrid buses, vans and trucks,... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced its financial results for the second quarter ended June 30, 2022. Financial Highlights Second Quarter Revenue totaled $1.5 million for the second quarter, an increase of approximately 130% compared to the prior-year period of $653,000, primarily driven by sales of electric forklifts... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix Motorcars”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced it will release its results for the second quarter of 2022 after market close on Monday, August 15, 2022. This release will be followed by a conference call for investors at 5:00 p.m. Eastern Time on the same day. The conference call will feature prepared remarks from Dr. Lance... Read More

Phoenix Motor Inc. (Nasdaq: PEV) (“Phoenix Motor” or “Phoenix”), a global leader in manufacturing of all-electric, medium-duty vehicles, today announced the appointments of Lewis Liu as Senior Vice President of Program Management Office & Business Development, and Mark Hastings as Senior Vice President of Corporate Development & Strategy and Head of Investor Relations. In commenting on the additions, Dr. Lance Zhou, CEO of... Read More