Phoenix Motor Inc
About: Phoenix Motor Inc is an electrification solutions provider for the commercial vehicle industry as well as other industries. It designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium-duty electric vehicles (EVs) and markets and sells electric vehicle chargers for the commercial and residential markets. The company operates two primary brands, Phoenix Motorcars, which focuses on commercial products including medium-duty electric vehicles, chargers, and electric forklifts, and EdisonFuture which intends to offer light-duty electric vehicles.
Employees: 30
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
33% more capital invested
Capital invested by funds: $53.3K [Q2] → $71K (+$17.7K) [Q3]
0.09% more ownership
Funds ownership: 0.45% [Q2] → 0.54% (+0.09%) [Q3]
0% more funds holding
Funds holding: 7 [Q2] → 7 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Research analyst outlook
We haven’t received any recent analyst ratings for PEV.
Financial journalist opinion
Neutral
Accesswire
1 week ago
Join Phoenix Motor's Exclusive Live Investor Webinar and Q&A Session on January 21
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.
Neutral
Accesswire
4 weeks ago
Phoenix Motor Inc. Announces Receipt of Nasdaq Delisting Notice
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 quarterly period ended September 30, 2024 (the "Form 10-Q"). The Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC").
Neutral
Accesswire
1 month ago
Phoenix Motor Reports Record $12M Revenue for Second Quarter of 2024
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 to $1.83 million, up from a gross loss of ($0.06) million in Q2 2023 Net loss improved to $2.26 million compared to a net loss of $3.18 million in Q2 2023 Cash and cash equivalents were $1.40 million as of June 30, 2024, up from $0.03 million on December 31, 2023 Total equity increased to $21.86 million as of June 30, 2024, up from negative equity of $4.84 million on December 31, 2023 Second Quarter and Recent Company Highlights Delivered five 40' ZX5 battery electric buses in May 2024 for the University of California, Irvine (UCI) Signed contract to supply four all-electric transit buses for the University of California San Diego, to be delivered in early 2025.
Neutral
Accesswire
1 month ago
Join Phoenix Motor's Exclusive Live Investor Webinar and Q&A Session on November 18
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.
Neutral
Accesswire
2 months ago
PhoenixEV To Electrify Campus Buses at University of California San Diego
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 emissions on campus and in the neighborhoods around the university.
Neutral
Accesswire
2 months ago
Phoenix Motor Partners with Bay Area Founders Club to Advance AI Development in Silicon Valley
ANAHEIM, CA / ACCESSWIRE / October 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 a new partnership with Bay Area Founders Club to advance the establishment of its previously announced Artificial Intelligence (AI) development center in Silicon Valley, California. This agreement marks a significant step forward in Phoenix Motor's strategic efforts to lead the development of next-generation electric and autonomous bus technology.
Neutral
Seeking Alpha
2 months ago
Phoenix Motor Inc. (PEV) Q1 2024 Earnings Call Transcript
Phoenix Motor Inc. (NASDAQ:PEV ) Q1 2024 Earnings Conference Call October 3, 2024 4:30 PM ET Company Participants Denton Peng - Chief Executive Officer Jose Paul - Chief Commercial Officer Lewis Liu - Chief Operating Officer Michael Yung - Chief Financial Officer Operator Good afternoon, and welcome to the Phoenix Motor's First Quarter 2024 Conference Call. As a reminder, this call is being recorded and all participants are in a listen-only mode.
Neutral
Accesswire
2 months ago
Phoenix Motor Reports Record $9.4 Million Revenue and $14.8 Million Net Income for First Quarter of 2024
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.
Neutral
Accesswire
2 months ago
PhoenixEV Announces Partnership with APTA, Highlighting Commitment to Sustainable Public Transportation
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, representing all modes of public transportation in North America.
Neutral
Accesswire
2 months ago
Phoenix Motor Reschedules Q1 Earnings Call to October 3
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.
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