STOCK TITAN

Thunder Power Holdings, Inc. Announces Stockholder Approval of Share Exchange Agreement

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Thunder Power Holdings (OTCQB: AIEV) has secured stockholder approval for a Share Exchange Agreement to acquire a 30.8% stake in Electric Power Technology Limited (TPEX: 4529), a Taiwan-based corporation. This strategic acquisition marks a significant expansion into Taiwan's renewable energy sector and enhances Thunder Power's position across the clean energy value chain.

The company, which specializes in premium electric vehicle (EV) development, is implementing a multi-faceted growth strategy that includes:

  • Portfolio diversification into renewable energy and storage
  • Capital market initiatives to strengthen financial position
  • Technology commercialization utilizing Taiwan's manufacturing resources
  • Integration of EV platforms with renewable energy solutions

Under the leadership of CEO Christopher Nicoll, Thunder Power aims to leverage TW Company's renewable energy assets and expertise in solar generation to establish a scalable model for sustainable mobility, initially targeting Asian and European markets.

Thunder Power Holdings (OTCQB: AIEV) ha ottenuto l'approvazione degli azionisti per un Accordo di Scambio Azionario volto ad acquisire una partecipazione del 30,8% in Electric Power Technology Limited (TPEX: 4529), una società con sede a Taiwan. Questa acquisizione strategica rappresenta un'espansione significativa nel settore delle energie rinnovabili a Taiwan e rafforza la posizione di Thunder Power lungo l'intera filiera dell'energia pulita.

L'azienda, specializzata nello sviluppo di veicoli elettrici (EV) di alta gamma, sta attuando una strategia di crescita multifaccettata che include:

  • Diversificazione del portafoglio verso energie rinnovabili e sistemi di accumulo
  • Iniziative sui mercati finanziari per rafforzare la posizione economica
  • Commercializzazione tecnologica sfruttando le risorse manifatturiere di Taiwan
  • Integrazione delle piattaforme EV con soluzioni di energia rinnovabile

Sotto la guida del CEO Christopher Nicoll, Thunder Power intende valorizzare le risorse e le competenze nel settore dell'energia solare di TW Company per creare un modello scalabile di mobilità sostenibile, con un focus iniziale sui mercati asiatici ed europei.

Thunder Power Holdings (OTCQB: AIEV) ha asegurado la aprobación de sus accionistas para un Acuerdo de Intercambio de Acciones para adquirir una participación del 30,8% en Electric Power Technology Limited (TPEX: 4529), una empresa con sede en Taiwán. Esta adquisición estratégica representa una expansión importante en el sector de energías renovables de Taiwán y fortalece la posición de Thunder Power en toda la cadena de valor de la energía limpia.

La compañía, especializada en el desarrollo de vehículos eléctricos (EV) de alta gama, está implementando una estrategia de crecimiento multifacética que incluye:

  • Diversificación del portafolio hacia energías renovables y almacenamiento
  • Iniciativas en los mercados de capital para fortalecer su posición financiera
  • Comercialización tecnológica utilizando los recursos manufactureros de Taiwán
  • Integración de plataformas EV con soluciones de energía renovable

Bajo el liderazgo del CEO Christopher Nicoll, Thunder Power busca aprovechar los activos y la experiencia en energía solar de TW Company para establecer un modelo escalable de movilidad sostenible, inicialmente enfocado en los mercados asiáticos y europeos.

Thunder Power Holdings (OTCQB: AIEV)는 대만에 본사를 둔 기업인 Electric Power Technology Limited (TPEX: 4529)의 30.8% 지분을 인수하기 위한 주주 승인 주식 교환 계약을 확보했습니다. 이번 전략적 인수는 대만 재생 에너지 분야로의 중요한 확장이며, Thunder Power의 청정 에너지 가치 사슬 내 입지를 강화합니다.

프리미엄 전기차(EV) 개발을 전문으로 하는 이 회사는 다음을 포함한 다면적 성장 전략을 실행하고 있습니다:

  • 재생 에너지 및 저장 분야로의 포트폴리오 다각화
  • 재무 상태 강화를 위한 자본 시장 활동
  • 대만의 제조 자원을 활용한 기술 상용화
  • EV 플랫폼과 재생 에너지 솔루션의 통합

CEO 크리스토퍼 니콜(Christopher Nicoll)의 리더십 아래, Thunder Power는 TW 회사의 태양광 발전 자산과 전문 지식을 활용하여 아시아 및 유럽 시장을 우선 목표로 하는 지속 가능한 모빌리티를 위한 확장 가능한 모델을 구축할 계획입니다.

Thunder Power Holdings (OTCQB : AIEV) a obtenu l'approbation des actionnaires pour un accord d'échange d'actions visant à acquérir une participation de 30,8 % dans Electric Power Technology Limited (TPEX : 4529), une société basée à Taïwan. Cette acquisition stratégique représente une expansion significative dans le secteur des énergies renouvelables à Taïwan et renforce la position de Thunder Power sur l'ensemble de la chaîne de valeur de l'énergie propre.

L'entreprise, spécialisée dans le développement de véhicules électriques (VE) haut de gamme, met en œuvre une stratégie de croissance multifacette qui comprend :

  • La diversification du portefeuille vers les énergies renouvelables et le stockage
  • Des initiatives sur les marchés financiers pour renforcer la position financière
  • La commercialisation des technologies en utilisant les ressources manufacturières de Taïwan
  • L'intégration des plateformes VE avec des solutions d'énergie renouvelable

Sous la direction du CEO Christopher Nicoll, Thunder Power vise à tirer parti des actifs en énergie renouvelable et de l'expertise en production solaire de la société TW pour établir un modèle évolutif de mobilité durable, ciblant initialement les marchés asiatiques et européens.

Thunder Power Holdings (OTCQB: AIEV) hat die Zustimmung der Aktionäre für eine Aktienaustauschvereinbarung erhalten, um einen 30,8%igen Anteil an der in Taiwan ansässigen Electric Power Technology Limited (TPEX: 4529) zu erwerben. Diese strategische Übernahme markiert eine bedeutende Expansion in Taiwans Bereich der erneuerbaren Energien und stärkt Thunder Powers Position entlang der gesamten Wertschöpfungskette für saubere Energie.

Das Unternehmen, das sich auf die Entwicklung hochwertiger Elektrofahrzeuge (EV) spezialisiert hat, verfolgt eine vielseitige Wachstumsstrategie, die folgende Punkte umfasst:

  • Portfolio-Diversifizierung in erneuerbare Energien und Energiespeicherung
  • Kapitalmarktinitiativen zur Stärkung der Finanzlage
  • Technologiekommerzialisierung unter Nutzung der Fertigungsressourcen Taiwans
  • Integration von EV-Plattformen mit erneuerbaren Energielösungen

Unter der Leitung von CEO Christopher Nicoll beabsichtigt Thunder Power, die erneuerbaren Energieanlagen und die Expertise von TW Company im Bereich Solarenergie zu nutzen, um ein skalierbares Modell für nachhaltige Mobilität zu etablieren, das zunächst auf asiatische und europäische Märkte abzielt.

Positive
  • Strategic acquisition of 30.8% stake in TW Company provides immediate entry into Taiwan's renewable energy market
  • Diversification of revenue streams through integration of renewable energy assets
  • Access to established solar generation capacity and manufacturing resources
  • Enhanced capability to develop and commercialize proprietary EV technologies
  • Geographic expansion opportunities in Asian and European markets
Negative
  • Pre-revenue status with uncertain timeline to profitability
  • Potential integration challenges with TW Company assets
  • Exposure to foreign currency exchange rate fluctuations
  • Dependence on additional financing for growth initiatives

Acquisition of 30.8% Stake in TW Company Powers Thunder Power's Expansion into Renewable Energy and Integrated EV Solutions

WILMINGTON, Del., July 1, 2025 /PRNewswire/ -- Thunder Power Holdings, Inc. (OTCQB: AIEV) ("Thunder Power" or the "Company"), a technology innovator and developer of premium passenger Electric Vehicles ("EVs") whose acquisition strategy is focused on addressing key gaps in the EV sector with a diversified approach across the clean energy value chain, today announced that its stockholders have approved the issuance of shares pursuant to the previously disclosed Share Exchange Agreement with certain shareholders of Electric Power Technology Limited ("TW Company"). This milestone enables Thunder Power to acquire approximately 30.8% of TW Company, a Taiwan corporation traded on the Taipei Exchange (TPEX: 4529), accelerating its expansion into Taiwan's renewable energy sector and enhancing its capabilities across the clean energy value chain.

Building on recent operational updates, Thunder Power is advancing a multi-faceted growth strategy that includes:

  1. Expanding its clean energy platform through the TW Company investment, which directly aligns with Thunder Power's broader plan to diversify revenue streams and supports Taiwan's national renewable energy targets.

  2. Strengthening technology development and commercialization by leveraging relationships and manufacturing resources in Taiwan to advance Thunder Power's proprietary EV technologies, with an emphasis on scaling in Asian and European markets.

Christopher Nicoll, President and Chief Executive Officer, commented, "Receiving shareholder approval of the Share Exchange Agreement marks a pivotal inflection point in Thunder Power's evolution. By integrating TW Company's renewable energy assets, we are not only diversifying revenue streams, but also establishing a scalable model for sustainable mobility. Our focus now shifts to exploring opportunities that leverage these assets to drive clean energy and mobility.

"This resounding shareholder support enables us to accelerate our growth strategy—expanding our footprint in Taiwan's dynamic renewable energy market and leveraging TW Company's proven expertise in solar generation. This transaction strengthens Thunder Power's position in the renewable energy sector by providing access to solar generation capacity and manufacturing resources, furthering the Company's broader objectives to develop advanced electric vehicle technologies and explore new opportunities in clean energy.

"Looking ahead, we are committed to maximizing value for our stakeholders through disciplined capital management, key acquisitions, and the commercialization of advanced technologies. We believe that our unique combination of EV innovation and renewable energy integration will set Thunder Power apart in the evolving global marketplace. We are excited about the road ahead and confident in our ability to deliver sustainable, long-term growth," Mr. Nicoll concluded.

Thunder Power's go-forward strategy includes the following initiatives:

  1. Portfolio Diversification. The Company will continue to pursue opportunities in renewable energy and storage to complement its core EV business. The TW Company stake enables Thunder Power to broaden its revenue base and evaluate additional targeted transactions to further expand internationally.

  2. Capital Market Initiatives. Thunder Power is taking steps to reinforce its financial position to facilitate the commercialization of its clean energy strategy and facilitate future growth.

  3. Technology and Commercialization. By utilizing manufacturing resources in Taiwan, Thunder Power aims to advance the development and future launch of its proprietary EVs. Taiwan will serve as the introductory market, leveraging the region's industrial strengths and demand for clean mobility solutions. The Company is also exploring ways to integrate its EV platforms with renewable energy and storage assets to serve evolving mobility and energy needs in global markets.

Investors can find real-time quotes and market information on Thunder Power Holdings, Inc. at https://www.otcmarkets.com/stock/AIEV/overview

About Thunder Power Holdings, Inc.
Thunder Power is a technology innovator and a developer of innovative electric vehicles ("EVs"). The Company has developed several proprietary technologies, which are the building blocks of the Thunder Power family of EVs. The Company is focused on design and development of high performance EVs, targeting markets initially in Asia & Europe. Thunder Power's acquisition strategy is focused on addressing strategic gaps in the EV sector combined with a diversified approach across the clean energy value chain. For more information, please visit: https://aiev.ai/

Contact:
AIEV Investor Relations
AIEV@dennardlascar.com 

Forward-Looking Statements

This press release contains certain statements that may include "forward-looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminologies such as "believes," "expects" or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results or outcomes could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including but not limited to, (i) operational risks, such as the Company's ability to successfully execute on its business plan, its ability to complete the acquisition of Electric Power Technology Limited; its ability to receive stockholder approval to issue its common stock in relation to the Share Exchange Agreement; its ability to successfully acquire assets on terms that are favorable to the Company; its ability to integrate acquired assets effectively; and its ability to adapt operations in response to accidents, extreme weather events, natural disasters, and related economic effects; (ii) regulatory and compliance risks, such as the impact of new or amended governmental laws and regulations, including tariffs, clean energy policies, and environmental standards; changes in tax laws or tax-related matters; its ability to receive a successful audit outcome under Generally Accepted Accounting Standards; and its ability to maintain its status on the OTCQB Venture Market; (iii) financial risks, such as the Company's liquidity position and ability to obtain additional financing, if necessary; foreign currency exchange rate fluctuations; interest rate volatility; the Company's current pre-revenue status and uncertainties surrounding its ability to generate revenue in the future, including potential delays in product development, market acceptance, or achieving profitability; (iv) market and industry risks, such as fluctuations in consumer acceptance and demand for electric vehicles; competition within the EV sector; the Company's ability to integrate solar power technology into its products as part of clean energy innovation initiatives; fluctuations in the availability and cost of raw materials critical for EV production; and advancements in battery technology or alternative energy solutions that may impact market dynamics, and (v) such known factors as are detailed in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, each as filed with the Securities and Exchange Commission, and in other reports filed by the Company with the Securities and Exchange Commission from time to time and available on the SEC's website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors and those reported in the Company's filings with the Securities and Exchange Commission. Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements, except as required by applicable laws, regulations or rules.

 

Cision View original content:https://www.prnewswire.com/news-releases/thunder-power-holdings-inc-announces-stockholder-approval-of-share-exchange-agreement-302495252.html

SOURCE Thunder Power Holdings, Inc.

FAQ

What percentage stake is Thunder Power (AIEV) acquiring in TW Company?

Thunder Power is acquiring a 30.8% stake in Electric Power Technology Limited (TW Company), which trades on the Taipei Exchange (TPEX: 4529).

How will the TW Company acquisition benefit Thunder Power's business?

The acquisition provides Thunder Power with access to renewable energy assets, solar generation capacity, and manufacturing resources in Taiwan, while diversifying revenue streams and supporting their EV technology development.

What markets is Thunder Power (AIEV) targeting for its EV business?

Thunder Power is initially targeting Asian and European markets, with Taiwan serving as the introductory market for its proprietary EVs.

What is Thunder Power's (AIEV) current revenue status?

Thunder Power is currently in a pre-revenue status, as disclosed in their forward-looking statements and risk factors.

What are the key elements of Thunder Power's growth strategy?

Thunder Power's strategy includes portfolio diversification into renewable energy, capital market initiatives, technology commercialization, and integration of EV platforms with renewable energy solutions.
Thunder Power Holdings, Inc.

OTC:AIEV

AIEV Rankings

AIEV Latest News

AIEV Stock Data

13.72M
11.02M
78.22%
9.42%
0.32%
Auto Manufacturers
Motor Vehicles & Passenger Car Bodies
Link
United States
WILMINGTON