Phoenix Motor Company building

Phoenix Motor Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 15, 2023
Oil, Gas, Automotive Manufacturing, Alternative Energy, Energy, Manufacturing, Alternative Vehicles, Fuels, Other Automotive, EV, Electric Vehicles, Other Transport, Trucking, Fleet Management, General Automotive, Transport, Automotive, Logistics, Supply Chain Management, Partnership, CATL, Phoenix Motor Company building, PEV, Telephone, Gen 5 Fibre Channel, Origami Angel, Generation IV reactor, SOP, Inflation, Customer, Webcast, Inflation Reduction Act of 2022, R, Phoenix Motorcars, Warehouse, Tobacco, Printed circuit board

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.

Phoenix Motor Inc. Announces Unaudited Fourth Quarter and Full Year 2022 Financial Results1

Retrieved on: 
Wednesday, March 29, 2023
Automotive Manufacturing, EV, Electric Vehicles, Automotive, Manufacturing, Trucking, Transport, General Automotive, Alternative Vehicles, Fuels, Logistics, Supply Chain Management, Alternative Energy, Energy, Partnership, CATL, Phoenix Motor Company building, Bank statement, PEV, Telephone, Gen 5 Fibre Channel, EdisonFuture, Origami Angel, Level 3, Generation IV reactor, Inflation, City, Customer, SUV, Engineering, Webcast, Inflation Reduction Act of 2022, R, Phoenix Motorcars, IAT, Cryptocurrency, Video game, Warehouse, Tobacco, Printed circuit board, Limited

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.

Key Points: 
  • 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.
  • Net loss decreased to $12.7 million during 2022, compared to a net loss of $14.6 million for 2021.
  • The audited financial statements for the year ended December 31, 2022 to be disclosed in the Company’s Form 10-K may have discrepancies with the above-mentioned unaudited and unreviewed financial statements.

Phoenix Motorcars All-Electric Vehicles Eligible for up to $40,000 Tax Credit Per Vehicle Under the Inflation Reduction Act

Retrieved on: 
Friday, March 3, 2023
General Automotive, Automotive Manufacturing, EV, Electric Vehicles, Manufacturing, Alternative Vehicles, Fuels, Automotive, Trucking, Environmental Health, Accounting, Professional Services, Transport, Environment, Public Transport, Logistics, Supply Chain Management, Phoenix Motorcars, Climate change, PEV, Organization, Inflation, Inflation Reduction Act of 2022, Phoenix Motor Company building, GVWR

(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.

Key Points: 
  • (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 tax credits.
  • “Supported by the Commercial Clean Vehicle Credit, ownership of an all-electric commercial vehicle will be more affordable.”
    Phoenix Motor’s medium duty vehicles provide reliability and efficiency, while helping address climate change.
  • Phoenix Motor vehicles available for tax credit include: Phoenix Shuttle Buses, Phoenix Trucks and Phoenix School Buses .

Phoenix Motor Inc. Announces Third Quarter 2022 Financial and Operational Results And Provides Business Update Detailing Future Growth Plans

Retrieved on: 
Monday, November 14, 2022
Trucking, EV, Electric Vehicles, Automotive, Transport, Oil, Gas, Other Automotive, Alternative Energy, Energy, Logistics, Supply Chain Management, R, Offering, Telephone, Chassis, Customer, EV, Partnership, Engineering, IAT, Webcast, Sport utility vehicle, CATL, EVS, PEV, Generation IV reactor, Phoenix Motor Company building, Light, Risk, Phoenix Motorcars, Gen 5 Fibre Channel, Video game, Warehouse, Lithium, Tobacco, Risk management, Printed circuit board, Limited

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.

Key Points: 
  • 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.
  • Net losses increased to $3.9 million in the third quarter of 2022, compared to a loss of $2.2 million in the prior-year period.
  • Net losses increased to $8.1 million during the nine-month period ending September 30, 2022, compared to $6.4 million in the prior-year period.
  • Phoenix Motor will host a conference call today at 5:00 PM ET to discuss the results.

Phoenix Motor Inc. Announces Second Quarter 2022 Financial and Operational Results

Retrieved on: 
Monday, August 15, 2022
Trucking, EV, Electric Vehicles, Automotive, Transport, Oil, Gas, Other Automotive, Alternative Energy, Energy, Logistics, Supply Chain Management, International airport, Industry, Forward-looking statement, Private Securities Litigation Reform Act, SEC, Phoenix Motor Company building, Light, PEV, Review, EBITDA, EVS, Company, EV, Risk, Los Angeles Air Force Base, LAX, Goal, Nasdaq, Phoenix Motorcars, Total, Los Angeles International Airport, IPO, Video game, Cryptocurrency, Risk management, Phoenix

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.

Key Points: 
  • 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.
  • Phoenix Motor will host a conference call today at 5:00 PM ET to discuss the results.
  • Phoenix operates two primary brands, Phoenix Motorcars focused on commercial products including medium duty EVs, chargers and electric forklifts, and EdisonFuture which intends to offer light-duty EVs.
  • For the three and six months ended June 30, 2022 and June 30, 2021