PEV

Guidehouse Insights Estimates North American Plug-in EV Sales Will Grow to Nearly 14 Million Units by 2032

Retrieved on: 
Thursday, February 1, 2024

BOULDER, Colo., Feb. 1, 2024 /PRNewswire/ -- A new report from Guidehouse Insights assess the market for plug-in EVs (PEVs) and EV supply equipment (EVSE) in North America and identifies key emerging market trends.

Key Points: 
  • Sales of PEVs in North America have seen significant increases in 2022 and 2023.
  • In the first three quarters of 2023, PEV sales exceeded the 2022 total.
  • According to a new report from Guidehouse Insights, annual PEV sales in North America are projected to grow from 1.7 million units in 2023 to 13.9 million in 2032, at a compound annual growth rate (CAGR) of 26.5%.
  • An executive summary of the report is available for free download on the Guidehouse Insights website .

Guidehouse Insights Estimates Global Market for LD BEV Batteries Will Grow to Nearly $325 Billion by 2032

Retrieved on: 
Thursday, October 12, 2023

BOULDER, Colo., Oct. 12, 2023 /PRNewswire/ -- A new report from Guidehouse Insights analyzes the drivers and barriers for the EV battery market, examines the current state of the industry, trends in manufacturing, and outlook for future prices.

Key Points: 
  • According to a new report from Guidehouse Insights, global manufacturing volume for light duty (LD) battery EV (BEV) batteries is expected to rise from more than 533 GWh in 2023 to over 4.5 TWh in 2032, at a compound annual growth rate (CAGR) of 26.9%.
  • Manufacturing growth is expected to outpace the decline in pack prices such that global revenue for LD BEV batteries is expected to increase from more than $71 billion in 2023 to over $324 billion in 2032, at a CAGR of 18.3%.
  • The topics examined include market trends, drivers, and barriers of the EV battery market, and market analyses, which extend through 2032.
  • An executive summary of the report is available for free download on the Guidehouse Insights website .

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.

Vehya Expands Operations into European Markets

Retrieved on: 
Monday, September 11, 2023

Vehya is at the forefront of simplifying the transition to electrification in Europe with its innovative marketplace.

Key Points: 
  • Vehya is at the forefront of simplifying the transition to electrification in Europe with its innovative marketplace.
  • Whether it's electric vehicles, renewable energy systems, or energy-efficient appliances, Vehya provides a one-stop-shop that streamlines the adoption of electrification technologies.
  • In June 2022, the European Parliament took a groundbreaking step, mandating that all new cars and vans sold within the European Union must be zero-emission vehicles by 2035 .
  • Vehya's move into the European market is happening at a pivotal moment, coinciding with the continent's rapid shift towards more eco-friendly transportation.

NaaS Technology Inc. Reports Unaudited 2023 Second Quarter and First Half Financial Results

Retrieved on: 
Friday, September 15, 2023

BEIJING, Sept. 8, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023.

Key Points: 
  • BEIJING, Sept. 8, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023.
  • Second Quarter and First Half 2023 Operational Highlights:
    Charging volume transacted through NaaS' network reached 1,228 GWh in the second quarter of 2023 and 2,251 GWh in the first half of 2023, representing an increase of 112% and 112% year over year, respectively.
  • Second Quarter and First Half 2023 Financial Highlights:
    Revenues grew by 121% year over year to RMB48.6 million (US$6.7 million) in the second quarter of 2023 and 132% year over year to RMB84.8 million (US$11.7 million) in the first half of 2023.
  • Second Quarter and First Half 2023 Financial Results:
    Total revenues reached RMB48.6 million (US$6.7 million) in the second quarter of 2023 and RMB84.8 million (US$11.7 million) in the first half of 2023, representing an increase of 121% and 132% year over year, respectively.

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.”