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Thunder Power Holdings, Inc. (AIEV) is a leader in designing high-performance electric vehicles through advanced engineering and modular design solutions. This news hub provides investors and industry professionals with timely updates on the company's strategic developments within the competitive EV sector.
Access comprehensive coverage of AIEV's press releases, including earnings reports, product launch announcements, and strategic partnership updates. Our curated news collection focuses on the company's proprietary innovations in sustainable mobility and its expanding presence across U.S., European, and Asian markets.
This resource serves as a centralized reference for tracking AIEV's operational milestones and technological advancements. Users gain insights into how the company balances engineering excellence with financial strategies to maintain its position in the premium EV market.
Bookmark this page for direct access to verified updates on Thunder Power Holdings' progress. Check back regularly to stay informed on developments shaping the future of high-performance electric vehicles and clean transportation solutions.
Thunder Power Holdings (OTCPK: AIEV), an EV technology company, reported its Q1 2025 financial results with a net loss of $755,000 ($0.02 per share), compared to $214,000 in Q1 2024. The company reported zero revenues and a cash position of $19,812. Following delisting from Nasdaq in April 2025, AIEV began trading on OTC Pink Market and submitted an application to uplist to OTCQB.
The company is pursuing a share exchange agreement with Electric Power Technology Limited (TPEX: 4529) to acquire 30.8% of its shares. Through this partnership, Thunder Power gains access to Taiwan's solar energy market, where TW Company recently secured agreements to purchase 4.4 megawatts of generation capacity from Laiyang and Jinlaiyang Solar Energy companies.
Thunder Power Holdings (NASDAQ: AIEV), an electric vehicle technology innovator, announced receiving a delisting notice from Nasdaq following a hearing on April 15, 2025. The company's shares will transition to trading on the OTC Pink Open Market under symbol AIEV starting April 21, 2025.
The company is actively applying for listing on the OTCQB Venture Market and plans to eventually reapply for Nasdaq listing once qualified. This transition follows their recent move from Nasdaq Global Market to Nasdaq Capital Market on March 28, 2025.
Thunder Power is currently awaiting shareholder and regulatory approvals for their share exchange with Electric Power Technology (TWSE:4529). The company expects to begin generating initial revenue in 2025 and continues to pursue strategic M&A targets in the green energy sector. The delisting is not expected to impact business operations or SEC reporting requirements.
Thunder Power Holdings (NASDAQ: AIEV), an EV technology innovator, announced its FY2024 results and strategic developments. Key highlights include:
- Transfer from Nasdaq Global Market to Nasdaq Capital Market, effective March 28, 2025
- Pending share exchange transaction with Electric Power Technology , involving issuance of 37.6M AIEV shares for 31.6M TW Company shares
- TW Company's recent acquisition of 4.4MW solar generation capacity through agreements with Laiyang and Jinlaiyang Solar Energy
Financial Results for FY2024:
- Zero revenue, unchanged from 2023
- Operating expenses increased to $2.4M from $1.8M in 2023
- Net loss of $2.4M compared to $1.8M in 2023
The company aims to leverage the TW Company transaction to establish initial revenue streams and expand its presence in the green energy sector, particularly in Taiwan, which is designated as the launch market for its first EV.
Thunder Power (Nasdaq: AIEV) reported its Q3 2024 unaudited financial results. The company recorded zero revenue, unchanged from the same period in 2023. Operating expenses increased to $0.9 million from $0.6 million year-over-year, primarily due to a $0.4 million increase in professional expenses related to Business Combination closing and a $0.1 million increase in insurance expenses. These increases were partially offset by a $0.2 million decrease in share-based compensation. The net loss widened to $0.9 million compared to $0.6 million in Q3 2023.
Thunder Power Holdings (Nasdaq: AIEV) reported its Q2 2024 unaudited financial results. Key highlights include:
- Zero revenues, unchanged from Q2 2023
- Operating expenses increased to $1.3 million from $0.7 million, mainly due to a one-time $1.0 million share-based compensation expense
- Net loss of $1.3 million, up from $0.7 million in Q2 2023
Recent developments:
- Completed business combination with Feutune Light Acquisition on June 21, 2024
- Entered into a $100 million Common Stock Purchase Agreement with Westwood Capital Group on August 20, 2024
Thunder Power Holdings, Inc. (Nasdaq: AIEV) has entered into a $100 million committed equity facility agreement. This 36-month facility gives Thunder Power the right, but not the obligation, to issue and sell up to $100 million in newly issued common stock shares. The company has full control over the timing and amount of any drawdowns, subject to certain conditions. Proceeds from the facility, if utilized, will be used for working capital and general corporate purposes.
The agreement is subject to SEC registration of the shares for resale. Thunder Power emphasizes that this announcement is for informational purposes only and does not constitute an offer to sell securities. The company plans to file a registration statement with the SEC for the shares issuable under the facility.
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