Join Phoenix Motor’s Exclusive Live Investor Webinar and Q&A Session on March 6

Rhea-AI Summary

Phoenix Motor Inc. (NASDAQ:PEV), a manufacturer of heavy-duty transit buses and electrification solutions provider, announces an exclusive live investor webinar scheduled for March 6, 2025, at 4:15 p.m. ET. The event, hosted by RedChip Companies, will feature CEO Denton Peng.

The company highlights its achievements in zero-emission commercial transportation:

• Over 55 million all-electric miles accumulated
• $30 million saved in fuel costs
• 16 million pounds of carbon emissions reduced (equivalent to 8,100 acres of forest sequestration)

Phoenix Motor's current product portfolio includes electric shuttle buses, school buses, utility trucks, and transit buses. The webinar will include a live Q&A session, with questions accepted both during the event and through pre-submission.

Positive

• 55 million all-electric miles accumulated
• $30 million in fuel cost savings achieved
• Diverse product portfolio across medium and heavy-duty vehicles

Negative

• None.

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 solutions. Phoenix Motor's vehicles have accumulated more than 55 million all-electric miles-saving over $30 million in fuel costs. These efforts have directly resulted in a reduction of over 16 million pounds of carbon emissions-the equivalent of what 8,100 acres of forest would sequester. Today, Phoenix Motor offers a broad lineup of medium- and heavy-duty electric vehicles-from shuttle and school buses to utility trucks, transit buses, and more.

A live question and answer session will follow the presentation.

To register for the free webinar, please visit: https://redchip.zoom.us/webinar/register/WN_ZTvns8p6QJyN8mAGCxNaCQ#/registration

Questions can be pre-submitted to PEV@redchip.com or online during the live event.

About Phoenix Motor Inc.
Phoenix Motor, a pioneer in the electric vehicle ("EV") industry, designs, builds, and integrates electric drive systems and manufactures heavy duty transit buses and medium and light duty commercial EVs. Phoenix operates two primary brands, "Phoenix", which is focused on commercial products including heavy and medium duty EVs (transit buses, shuttle buses, school buses and delivery trucks, among others) and "EdisonFuture", which intends to offer light-duty EVs. Phoenix endeavors to be a leading designer, developer and manufacturer of electric vehicles and electric vehicle technologies. To learn more, please visit: phoenixev.ai.

Forward-Looking Statements
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as "may," "might," "will," "intend," "should," "could," "can," "would," "continue," "expect," "believe," "anticipate," "estimate," "predict," "outlook," "potential," "plan," "seek," and similar expressions and variations or the negatives of these terms or other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's current expectations and speak only as of the date of this release. Actual results may differ materially from the Company's current expectations depending upon a number of factors. These risk factors include, among others, those related to our ability to raise additional capital necessary to grow our business, operations and business and financial performance, our ability to grow demand for our products and revenue, our ability to become profitable, our ability to have access to an adequate supply of parts and materials and other critical components for our vehicles on the timeline we expect, the coronavirus (COVID-19) and the effects of the outbreak and actions taken in connection therewith, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described in the "Risk Factors" section of the Company's annual report filed on Form 10-K filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any responsibility to revise or update any forward-looking statements.

Contact:
IR@phoenixev.ai

Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
PEV@redchip.com

SOURCE: Phoenix Motor Inc.

View the original press release on ACCESS Newswire

FAQ

What are Phoenix Motor's (PEV) key electric vehicle milestones as of March 2025?

Phoenix Motor has achieved 55 million all-electric miles, saved $30 million in fuel costs, and reduced carbon emissions by 16 million pounds.

What types of electric vehicles does Phoenix Motor (PEV) currently manufacture?

Phoenix Motor manufactures electric shuttle buses, school buses, utility trucks, and transit buses for medium and heavy-duty applications.

When is Phoenix Motor's (PEV) investor webinar scheduled for March 2025?

The investor webinar is scheduled for March 6, 2025, at 4:15 p.m. ET.

How much environmental impact has Phoenix Motor's (PEV) electric vehicles made?

Phoenix Motor's vehicles have reduced carbon emissions by 16 million pounds, equivalent to the sequestration capacity of 8,100 acres of forest.