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 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
138% more capital invested
Capital invested by funds: $71K [Q3] → $169K (+$98.3K) [Q4]
57% more funds holding
Funds holding: 7 [Q3] → 11 (+4) [Q4]
0.95% more ownership
Funds ownership: 0.54% [Q3] → 1.5% (+0.95%) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
Research analyst outlook
We haven’t received any recent analyst ratings for PEV.
Financial journalist opinion
Based on 5 articles about PEV published over the past 30 days
Neutral
Accesswire
4 days ago
Phoenix Motor Announces Formation of EdisonFuture International Co., Ltd. to Expand Global Electric Vehicle Business
ANAHEIM, CA / ACCESS Newswire / February 18, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the formation of EdisonFuture International Co., Ltd., a wholly-owned subsidiary based in Hong Kong.
Neutral
Accesswire
1 week ago
Phoenix Motor Regains Compliance with Nasdaq Listing
ANAHEIM, CA / ACCESS Newswire / February 14, 2025 / Phoenix Motor Inc. ( NASDAQ:PEV ), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has received confirmation from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires timely filing of periodic financial reports with the Securities and Exchange Commission ("SEC"). On November 20, 2024, Nasdaq Staff notified the Company that it was not in compliance with the Rule due to a delay in filing its periodic financial reports.
Neutral
Accesswire
1 week ago
Join Phoenix Motor's Exclusive Live Investor Webinar and Q&A Session on March 6
ANAHEIM, CA / ACCESS Newswire / February 13, 2025 / 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 March 6, 2025, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature Phoenix Motor's CEO, Denton Peng.
Neutral
Accesswire
2 weeks ago
Phoenix Motor Announces New Autonomous Vehicle Development for Food and Beverage Delivery
ANAHEIM, CA / ACCESS Newswire / February 6, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic initiative to develop autonomous electric vehicles tailored for the food and beverage delivery industry. This initiative will commence with a pilot project in collaboration with a Silicon Valley-based food delivery service company in California.
Neutral
Accesswire
4 weeks ago
Phoenix Motor Appoints Tony Zhou as Chief Technology Officer
ANAHEIM, CA / ACCESS Newswire / January 23, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the appointment of Tony Zhou as its new Chief Technology Officer (CTO), effective January 20, 2025. Zhou brings more than two decades of expertise in autonomous driving and artificial intelligence (AI) to Phoenix Motor.
Neutral
Accesswire
2 months 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
3 months 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
3 months 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
3 months 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
4 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.
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