Phoenix Motor Inc. is a company focused on the design, manufacturing, and distribution of electric vehicles, including light-duty trucks and vans aimed at commercial and municipal markets
The company is committed to promoting sustainable transportation solutions, leveraging innovative technology to produce environmentally friendly vehicles that cater to a range of industries. With a strong emphasis on performance and reliability, Phoenix Motor Inc. aims to contribute to the growing demand for electric mobility by providing efficient and cost-effective alternatives to traditional gasoline-powered vehicles.
Phoenix Motor launches EdisonFuture International, a Hong Kong-based subsidiary aimed at expanding the company's global footprint. This new entity will help Phoenix Motor tap into key international markets including the Caribbean, South America, Europe, and Asia.
Curious to know what's happening on the US markets in the middle of the day on Thursday? Join us as we explore the top gainers and losers in today's session.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Thursday. Let's explore the market movements and identify the stocks with significant gaps.
Phoenix Motor Inc. (NASDAQPEV) reported a record $12.03 million in net revenues for Q2 2024, up from $1.16 million in the prior year. The company also delivered five electric buses to UCI and inked a contract for four more with UCSD. EPS increased from a loss of $(0.15) to $(0.06).
