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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) awarded contract by the Florida Sheriffs Association's Cooperative Purchasing Program to enable Florida school districts to purchase zero-emission battery electric Type-A buses more efficiently. The contract allows any public school in Florida to procure and purchase Phoenix's all-electric Type A school buses at a competitive price without the need for a bid process. The contract is also open to other contracting agencies outside of Florida and is valid for one year with an option to extend to two.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.66%
Tags
none
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Rhea-AI Summary
Phoenix Motor Inc. (Nasdaq:PEV) reported a 30% decrease in net revenues to $0.3 million in Q3 2023 compared to the same period in 2022. The company also announced the acquisition of Proterra Transit business line assets, expanding its offering to include full-size transit buses. Additionally, Phoenix highlighted several recent business developments, including entering the electric school bus market, launching an Electric Retrofit Solutions Business for commercial vehicles, and enabling V2G capability in partnership with Fermata Energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
-
Rhea-AI Summary
Phoenix Motor Inc. (Nasdaq:PEV) announced the successful bid to acquire the Proterra Transit business line from Proterra Inc., adding heavy-duty transit buses to its existing product line of medium-duty vehicles. This acquisition will expand Phoenix's electrification solutions to include full-size, zero-emission transit buses, complementing its current offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.69%
Tags
none
Rhea-AI Summary
Phoenix Motor Inc. (Nasdaq:PEV) Launches Alkaline Electrolyzer Solution for Green Hydrogen Production, Appoints Fengping Wu as Vice President of Business Development
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
management
-
Rhea-AI Summary
Phoenix Inc. regains compliance with Nasdaq minimum bid price requirement, closing the listing matter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.51%
Tags
none
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Rhea-AI Summary
Phoenix Motor Inc. awarded contract to provide zero emission school buses to California schools
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.52%
Tags
none
Rhea-AI Summary
Phoenix Motor Inc. receives an additional 180-day compliance period from Nasdaq to regain compliance with minimum bid price rule.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
Tags
none
-
Rhea-AI Summary
Phoenix Motor Inc. and Fermata Energy announce the successful integration of Vehicle-to-Grid (V2G) capabilities for all medium-duty electric vehicles manufactured by Phoenix Motorcars. This enables fleets to send excess energy back to the grid via bidirectional chargers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
Tags
partnership
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Rhea-AI Summary
Phoenix Motor Inc. announces participation in San Francisco Airport's Clean Air Vehicle Expo
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
Tags
none
Rhea-AI Summary
Phoenix Motor Inc. launches new Proton Exchange Membrane (PEM) solutions for green hydrogen products and production, supporting the shift towards sustainable energy. Dr. Bo Yang appointed Head of R&D for the hydrogen business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
54.9%
Tags
management
Phoenix Motor Inc.

Nasdaq:PEV

PEV Rankings

PEV Stock Data

26.81M
5.36M
75.61%
1.98%
0.28%
Automobile Manufacturing
Manufacturing
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United States of America
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