Phoenix Motor Inc

Phoenix Motor, Inc. engages in designing and manufacturing electric vehicles. It also engages in assembling and integrating electric drive systems and medium duty electric vehicles and sells & markets electric vehicle chargers for the commercial and residential markets. The company was founded in 2003 and is headquartered in Anaheim, CA.

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Phoenix Motor Inc achieves record Q1 results, focuses on electric vehicles

Phoenix Motor Inc's Q1 2024 performance reflects strong financial growth and market expansion.
The company's strategic focus on electric vehicles and aftersales support enhances its competitive position.
Challenges include managing backlog, operational efficiency, and adapting to market dynamics.
Opportunities lie in revenue growth, market expansion, and increasing demand for eco-friendly vehicles.

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Phoenix Motor, Inc. designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium duty electric vehicles, with an aim to reduce carbon intensity and greenhouse gas emissions. It operates under the brands Phoenix Motorcars, which is focused on commercial products including medium duty electric vehicles, chargers, and electric forklifts, and EdisonFuture, which intends to offer light-duty electric vehicles. The company was founded in 2003 and is headquartered in Anaheim, CA.

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 forklift sales.

Phoenix Motor Inc. Announces Third Quarter 2023 Financial Results

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 innovator in commercial vehicle electrification technology, through the auction of the assets pursuant to bankruptcy court approved bidding procedures. This transformative acquisition will add heavy-duty transit buses to Phoenix's existing product line of medium-duty shuttle and school buses.

Phoenix Motorcars Announces Successful Bid for the Proterra Transit Business

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 ongoing commitment to advancing renewable energy and the transition to a carbon-neutral society.

Phoenix's EdisonFuture Launches Alkaline Electrolyzer for Green Hydrogen Production & Appoints Wu as VP of Business Development

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 forth in Nasdaq Listing Rule 5450(a)(1). To regain compliance with the Rule, the Company's common shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on October 20, 2023.

Phoenix Motor Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

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 Motorcars' Z600 zero emission Type A with a Cutaway Chassis school buses. This awarded contract will be valid for two (2) years with an option to extend it to three (3) years.

Phoenix Motorcars Announces Award of California Department of General Services Contract for Zero Emission Battery Electric Type A with a Cutaway Chassis School Buses

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 rule. Nasdaq's determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market, with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period and if necessary, by effecting a reverse stock split.

Phoenix Motor Inc. Granted 180-Day Extension to Meet Nasdaq Minimum Bid Price Requirement

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) capabilities for all medium-duty electric vehicles manufactured by Phoenix Motorcars. All Phoenix electric school buses, shuttle buses and trucks, from the first-generation vehicles delivered in 2015, to the current generation vehicles can be equipped with V2G capability, enabling fleets to send excess energy back to the grid via Fermata Energy's FE-20 bidirectional chargers.

Phoenix Motorcars Enables V2G Capability in Partnership with Fermata Energy for All Bus & Truck Customers

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 helping drive the future of sustainable mobility.

Phoenix Motorcars to Showcase Gen 4 Electric Shuttle Bus at San Francisco Airport Clean Air Vehicle Expo

Addition of PEM electrolyzer and fuel cell product lines advances the shift towards sustainable energy, facilitating transition to carbon-neutral society ANAHEIM, CA / ACCESSWIRE / October 9, 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 new Proton Exchange Membrane (PEM) solutions for green hydrogen products and production. The product launch supports the Company's ongoing commitment to advancing renewable energy and the transition to a carbon-neutral society.

Phoenix's EdisonFuture Launches Renewable Solutions for Green Hydrogen Production & Appoints Head of R&D

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 range of current internal combustion engine vehicles including shuttle buses, school buses, paratransit buses, box trucks, cargo vans and various work trucks.

Phoenix Motorcars Launches Electric Retrofit Solutions for Commercial Vehicles

Phoenix Motor (NASDAQ: PEV ) stock is on the move Monday after the electric vehicle (EV) company announced plans for an asset acquisition. A press release from Phoenix Motor notes that the company is preparing for a potential EV asset acquisition that it has submitted an Indication of Interest for.

PEV Stock Alert: Phoenix Motor Gears Up for Potential EV Asset Acquisition

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 California-based investor to support the potential acquisition opportunity of commercial electric vehicle assets for which Phoenix has submitted an Indication of Interest. The Company expects to provide additional details regarding the potential acquisition only if and when a definitive agreement is executed.

Phoenix Motorcars Signs Non-Binding Convertible Bond Term Sheet to Fund Potential EV Asset Acquisition

SPI Energy

MCCLELLAN PARK, CA / ACCESSWIRE / September 28, 2023 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage solutions for business, residential, government, logistics and utility customers, today announced the sale of 12 million shares of its subsidiary, Phoenix Motor Inc. (NASDAQ: PEV).

SPI Energy Announces Sale of Majority Stake in Phoenix Motor

Phoenix Motor Inc. (NASDAQ:PEV ) Q2 2023 Earnings Conference Call August 15, 2023 5:00 PM ET Company Participants Mark Hastings - SVP, Corporate Development and Strategy and Head, IR Denton Peng - CEO Conference Call Participants Operator Welcome to the Second Quarter 2023 Phoenix Motors Inc. Earnings Conference Call. My name is Brianna, and I will be your conference operator for today's call.

Phoenix Motor Inc. (PEV) Q2 2023 Earnings Call Transcript

ANAHEIM, Calif.--(BUSINESS WIRE)--Phoenix Motor Inc. Announces Second Quarter 2023 Financial Results.

Phoenix Motor Inc. Announces Second Quarter 2023 Financial Results

Phoenix Motor (NASDAQ: PEV ) stock is falling on Monday as investors prepare for the EV company to release its upcoming earnings report. Phoenix Motor is set to release its earnings report for the second quarter of 2023 after markets close tomorrow.

Why Is Phoenix Motor (PEV) Stock Down 25% Today?

ANAHEIM, Calif.--(BUSINESS WIRE)--Phoenix Motorcars to Hold Second Quarter 2023 Earnings Call on August 15.

Phoenix Motorcars to Hold Second Quarter 2023 Earnings Call on August 15

Phoenix Motor Inc. (NASDAQ:PEV ) Q1 2023 Earnings Conference Call May 15, 2023 5:00 PM ET Company Participants Mark Hastings - SVP, Corporate Development and Strategy and Head, IR Conference Call Participants Mark Hastings Thank you, and welcome everyone, to our First Quarter 2023 Earnings Call. For those of you who are new to our story Phoenix Motorcars is headquartered in Anaheim, California.

Phoenix Motor Inc. (PEV) Q1 2023 Earnings Call Transcript

ANAHEIM, Calif.--(BUSINESS WIRE)--Phoenix Motor Inc. Announces First Quarter 2023 Financial Results.

Phoenix Motor Inc. Announces First Quarter 2023 Financial Results

ANAHEIM, Calif.--(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 Eastern Time.

Phoenix Motorcars to Hold First Quarter 2023 Earnings Call on May 15

ANAHEIM, Calif.--(BUSINESS WIRE)--Phoenix Motorcars To Exhibit New Gen 4 Electric Drive System At Annual ACT Expo 2023.

Phoenix Motorcars To Exhibit New Gen 4 Electric Drive System At Annual ACT Expo 2023

Investors can participate onsite at SPI's HQ in McClellan Park, California or virtually via Zoom MCCLELLAN PARK, CA / ACCESSWIRE / April 28, 2023 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar, storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers today announced its upcoming Investor Day, to be held on May 19, 2023, both onsite at the Company's corporate headquarters in McClellan Park, California, and virtually via Zoom webcast.

SPI Energy to Host Investor Day on May 19

Company reaffirms 2023 guidance of $250 million to $300 million revenues and $29 million to $36 million net profit SPI Energy to host conference call to discuss FY22 results on April 18 at 4:30 pm ET MCCLELLAN PARK, CA / ACCESSWIRE / April 14, 2023 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers, today announced its financial results for the fiscal year ended December 31, 2022.

SPI Energy Reports $177 Million Revenue for Fiscal Year 2022 - Exceeding Prior Guidance

Phoenix Motor Inc. (NASDAQ:PEV ) Q4 2022 Earnings Conference Call March 29, 2023 5:00 PM ET Company Participants Mark Hastings - Senior Vice President, Corporate Development and Strategy and Head, Investor Relations Lance Zhou - Chief Executive Officer Chris Wang - Chief Financial Officer Operator Welcome to the Fourth Quarter 2022 Phoenix Motors Inc. Earnings Conference Call. My name is Emma and I will be operator for today's call.

Phoenix Motor Inc. (PEV) Q4 2022 Earnings Call Transcript

ANAHEIM, Calif.--(BUSINESS WIRE)--Phoenix Motor Inc.

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