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Phoenix Motor Inc. - $PEV STOCK NEWS

Welcome to our dedicated page for Phoenix Motor news (Ticker: $PEV), a resource for investors and traders seeking the latest updates and insights on Phoenix Motor stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Phoenix Motor's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Phoenix Motor's position in the market.

Rhea-AI Summary
Phoenix Motor Inc. (PEV) appoints J. Mark Hastings as Chief Financial Officer, praising his contributions and expertise. Hastings, with a strong financial background, aims to enhance stakeholder value in the rapidly expanding business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.77%
Tags
management
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Rhea-AI Summary
Phoenix Motor Inc. (PEV) to participate in investor meetings at the 36th Annual Roth Conference. The company's management team will discuss its recent acquisition of the Transit Business from Proterra.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
Tags
conferences
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Rhea-AI Summary
Phoenix Motor Inc. secures a significant order for zero-emission buses from Raleigh Durham International Airport, showcasing growth in the electrification sector. The order for six battery electric buses marks a milestone for Phoenix after acquiring Proterra Transit business line.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.45%
Tags
none
Rhea-AI Summary
Phoenix Motor Inc. (PEV) to host analysts and investors at its Transit Bus manufacturing facility in Greenville, South Carolina. The event aims to showcase the manufacturing process, test track rides, and meet senior management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
conferences
-
Rhea-AI Summary
Phoenix Motor Inc. (Nasdaq:PEV) has completed the acquisition of the Battery Lease portfolio for $6.5 million from Proterra Inc. and Proterra Operating Company, Inc. This transformative acquisition added heavy-duty transit buses to Phoenix's legacy product line of medium-duty shuttle and school buses. The completion of the last component of the purchase should provide Phoenix greater financial flexibility and enable it to continue to service its customers who had leased batteries from Proterra as part of their transit bus purchase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.27%
Tags
none
-
Rhea-AI Summary
Phoenix Motor Inc. (Nasdaq:PEV) has entered into a securities purchase agreement with accredited institutional investors for the purchase and sale of approximately $4.8 million of its common stock in a registered direct offering and warrants to purchase common stock in a concurrent private placement. The net proceeds from the offering are expected to be approximately $4.5 million after deducting estimated offering expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
Rhea-AI Summary
Phoenix Motor Inc. (NASDAQ:PEV) announces an investor update to reveal its initial plans for the recently acquired Proterra Transit business line. The update will be presented in a conference call and webcast on January 25th at 2:00 pm EST. Interested parties can access the live webcast on the company's website or join via telephone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
none
-
Rhea-AI Summary
Phoenix Motor Inc. (NASDAQ:PEV) has acquired Proterra Transit business line and plans to discuss initial guidance in an update call on January 25th. The acquisition adds heavy-duty transit buses to Phoenix's product line, and the company expects to deliver over 100 transit buses in 2024, generating revenues exceeding $100 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
none
-
Rhea-AI Summary
Phoenix Motor Inc. (NASDAQ:PEV) has completed the acquisition of the Proterra Transit business line from Proterra Inc. and Proterra Operating Company, Inc. This acquisition will add heavy-duty transit buses to Phoenix's existing product line of medium-duty shuttle and school buses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.74%
Tags
none
Rhea-AI Summary
Phoenix Motor Inc. (NASDAQ:PEV) announces that its EdisonFuture subsidiary plans to accept Bitcoin as a payment option for its electric pick-up trucks and delivery vans. The decision was driven by a growing interest in Bitcoin, accelerated by the coronavirus pandemic and complex geopolitics, and aims to meet the increasing demand for Web 3 and Artificial Intelligence. Denton Peng, Chairman and CEO, stated that this move represents an investment in the company's digital future to provide more payment choices for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.97%
Tags
none
Phoenix Motor Inc.

Nasdaq:PEV

PEV Rankings

PEV Stock Data

15.61M
5.36M
75.61%
1.98%
0.28%
Automobile Manufacturing
Manufacturing
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United States of America
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