PHOENIX MOTOR INC. overview

Company forecasts $30M+ revenue and positive net income in 2024, with 2025 revenue targeted at $40M-$50M ANAHEIM, CA / ACCESS Newswire / March 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 its 2024 and 2025 revenue guidance, highlighting substantial growth and a key inflection point toward profitability. For 2024, Phoenix Motor projects revenue of $30 million to $31...

ANAHEIM, CA / ACCESS Newswire / March 5, 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. Attendees will gain insight into Phoenix Motor's position as a leader in zero-emission, all-electric commercial transportation...

ANAHEIM, CA / ACCESS Newswire / February 24, 2025 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced it has surpassed 60 million zero-emission miles driven across its product lineup. The milestone underscores PhoenixEV's role in advancing sustainable transportation, with deployments spanning its 35' and 40' transit buses, medium-duty shuttle buses, work trucks, delivery vehicles,...

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. This new entity will focus on international opportunities, leveraging Phoenix Motor's advanced EV technologies and brand strengths to expand into global markets. EdisonFuture...

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")....

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. Attendees will gain insight into Phoenix Motor's position as a leader in zero-emission, all-electric commercial...

ANAHEIM, CA / ACCESS Newswire / February 12, 2025 / 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 third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenue increased 1,557% to $4.77 million, up from $0.18 million in Q3 2023 Gross profit increased to $1.12 million, up from a gross loss of $5,000 in Q3 2023 Net...

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. As part of this...