Phoenix Motorcars

Phoenix Motorcars Enters Electric School Bus Market with Order for 10 Zero Emission Buses from District of Columbia

Retrieved on: 
Wednesday, September 13, 2023

The contract was executed this summer and calls for the deployment of ten Phoenix school buses in the District of Columbia during 2024.

Key Points: 
  • The contract was executed this summer and calls for the deployment of ten Phoenix school buses in the District of Columbia during 2024.
  • The Phoenix Type-A School Buses will be built on Ford E-450 chassis powered by Phoenix’s 150-mile range battery electric drive system and a Pegasus Orion school bus body.
  • “The new electric buses will support our efforts to operate a cleaner and greener bus fleet in our community.
  • “We couldn’t be happier to be able to partner with Phoenix Motorcars on this initial order for 10 Type-A school buses with Phoenix for the DC Schools,” said Pegasus President Brian Barrington.

Phoenix Motor Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 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 second quarter of 2023.

Key Points: 
  • 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.
  • In July, Phoenix announced a purchase order for 13 Zero Emission Vehicles from Los Angeles World Airports (LAWA).
  • Phoenix expects to achieve SOP (start of production) of its fourth-generation vehicles for the medium-duty EV market during 2023.
  • Phoenix Motor Inc. will host a conference call and webcast on Tuesday, August 15th at 5:00 PM ET to discuss these results.

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

Retrieved on: 
Wednesday, August 9, 2023

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.

Key Points: 
  • 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 PM Eastern Time.
  • Interested investors and other parties may access a webcast of the conference which will be available on the Events and Presentations page within the Investor Relations section of Phoenix Motorcars’ website at www.phoenixmotorcars.com .
  • The call can also be accessed live via telephone by dialing (888) 660-6373 or for international callers (929) 203-1975 and referencing Phoenix Motorcars.

Phoenix Motorcars Receives Order for 13 Zero Emission Vehicles from Los Angeles World Airports

Retrieved on: 
Monday, July 24, 2023

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).

Key Points: 
  • 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 13 trucks will be built on the Ford E-450 chassis powered by Phoenix’s electric drive system and will serve LAWA’s maintenance department.
  • “Phoenix Motorcars is proud of our commitment to sustainable vehicle technology, and our long-term commitment to support projects at LAX and the Los Angeles region” said Thomas Allen, Vice President of Sales for Phoenix Motorcars.
  • “With this order, we will have over 50 fully electric, zero emission vehicles serving in and around the Los Angeles International Airport.

Phoenix Motorcars Delivers All-Electric, Zero Emission Service Truck to San Bernardino City Unified School District

Retrieved on: 
Tuesday, July 18, 2023

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.

Key Points: 
  • 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 district.
  • That’s a testament to our dedicated Board of Education, which truly values putting students first,” said Samuel Precie, Administrator of Operations, San Bernardino City Unified School District.
  • “Phoenix Motorcars is excited to bring a zero emission service truck into the school district’s fleet,” said Denton Peng, CEO of Phoenix Motorcars.

Phoenix Motorcars Expands EV Shuttle Bus Fleet at Los Angeles International Airport with WallyPark Airport Parking

Retrieved on: 
Thursday, July 13, 2023

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.

Key Points: 
  • 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 its mission to lower fleet maintenance costs and to support the energy transition by providing cleaner air.
  • “Phoenix Motorcars is proud to be able to support WallyPark’s commitment to sustainable vehicle technologies through the use of zero emission vehicles,” Denton Peng, CEO of Phoenix Motorcars, commented.
  • “We are pleased Phoenix’s all-electric shuttle buses will be able to provide cost savings and significant emission savings to the airport and its surrounding community.”

Phoenix Motorcars Enhancements Senior Management Team

Retrieved on: 
Tuesday, July 11, 2023

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.

Key Points: 
  • 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 Motorcars.
  • Mr. Paul joined Phoenix in August 2016 and has served as our CMO since September 2021.
  • Prior to joining Phoenix, Mr. Paul worked at FedEx Express, Dubai, holding various positions including Business Planning Advisor, Senior Regional Analyst and as the Brand Advisor for the MEIA region.

Phoenix Motor Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 15, 2023

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.

Key Points: 
  • 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.
  • In May, Phoenix debuted its ‘Phoenix Exchange’ swappable battery system, which offers the ability to ‘swap’ a 90-kWh battery for another fully charged battery in under one minute.
  • Phoenix announced in March, that it is now a qualified manufacturer for the commercial clean vehicle credit under the Inflation Reduction Act.
  • Phoenix Motor will host a conference call today at 5:00 PM ET to discuss these results.

Global Bidirectional Electric Vehicle Charger Market to 2031: Rise in Demand for Solar-Powered Electric Vehicles Presents Opportunities

Retrieved on: 
Thursday, May 11, 2023

The growth in the bidirectional electric vehicle charger market is expected to be driven by the need for renewable sources of power and energy and increasing sales of electric vehicles around the world.

Key Points: 
  • The growth in the bidirectional electric vehicle charger market is expected to be driven by the need for renewable sources of power and energy and increasing sales of electric vehicles around the world.
  • The bidirectional electric vehicle (EV) charger market is in the early growth phase for several reasons.
  • As a result, the bidirectional electric vehicle charger market is expected to flourish in the forecast period.
  • The following are the demand drivers for the Bidirectional Electric Vehicle Charger Market:
    The market is expected to face some limitations as well due to the following challenges:

Global Bidirectional Electric Vehicle Charger Market Report 2023: Sector is Expected to Reach $4.8 Billion by 2031 at a CAGR of 20.02% - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 11, 2023

The global bidirectional electric vehicle charger market was valued at $933.2 million in 2022 and is anticipated to reach $4,820.6 million by 2031, witnessing a CAGR of 20.02% during the forecast period 2022-2031.

Key Points: 
  • The global bidirectional electric vehicle charger market was valued at $933.2 million in 2022 and is anticipated to reach $4,820.6 million by 2031, witnessing a CAGR of 20.02% during the forecast period 2022-2031.
  • The growth in the bidirectional electric vehicle charger market is expected to be driven by the need for renewable sources of power and energy and increasing sales of electric vehicles around the world.
  • The bidirectional electric vehicle (EV) charger market is in the early growth phase for several reasons.
  • As a result, the bidirectional electric vehicle charger market is expected to flourish in the forecast period.