Profile
Sector:
Consumer CyclicalIndustry:
Auto ManufacturersCountry:
United StatesIPO:
08 June 2022Website:
http://www.phoenixmotorcars.comNext earnings report:
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PEV Latest News
ANAHEIM, CA / ACCESSWIRE / October 31, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenue increased 937% to $12.03 million, up from $1.16 million in Q2 2023 Gross profit increased to $1.83 million, up from a gross loss of ($0.06) million in Q2 2023 Net loss improved to $2.26 million compared to a net loss of $3.18 million in Q2 2023 Cash and cash equivalents were $1.40 million as of June 30, 2024, up from $0.03 million on December 31, 2023 Total equity increased to $21.86 million as of June 30, 2024, up from negative equity of $4.84 million on December 31, 2023 Second Quarter and Recent Company Highlights Delivered five 40' ZX5 battery electric buses in May 2024 for the University of California, Irvine (UCI) Signed contract to supply four all-electric transit buses for the University of California San Diego, to be delivered in early 2025.
GREENVILLE, SC / ACCESSWIRE / October 16, 2024 / Phoenix Motor Inc.'s (Nasdaq:PEV) PhoenixEV, a leader in electric vehicle (EV) development for the commercial sector, today announced its work on four all-electric transit buses for the University of California San Diego, to be delivered in early 2025. The 35-foot electric buses from PhoenixEV will be deployed to decarbonize the last mile transportation, reducing particulate emissions on campus and in the neighborhoods around the university.
Phoenix Motor Inc. (NASDAQ:PEV ) Q1 2024 Earnings Conference Call October 3, 2024 4:30 PM ET Company Participants Denton Peng - Chief Executive Officer Jose Paul - Chief Commercial Officer Lewis Liu - Chief Operating Officer Michael Yung - Chief Financial Officer Operator Good afternoon, and welcome to the Phoenix Motor's First Quarter 2024 Conference Call. As a reminder, this call is being recorded and all participants are in a listen-only mode.
ANAHEIM, CA / ACCESSWIRE / October 3, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net revenues increased to a record $9.4 million, up from $1.8 million in the prior year period.
GREENVILLE, SC / ACCESSWIRE / September 25, 2024 / Phoenix Motor Inc.'s (NASDAQ:PEV) PhoenixEV, a leader in electric vehicle (EV) development for the commercial sector, today announced its membership in the American Public Transportation Association (APTA), a move that underscores the company's dedication to advancing sustainable transportation solutions. APTA is the nation's largest public transportation association, representing all modes of public transportation in North America.
ANAHEIM, CA / ACCESSWIRE / September 23, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reiterated its guidance for the first quarter of 2024. The Company expects to report a record $9.4 million in revenue for the first quarter, exceeding the previously issued guidance range of $8 million to $9 million.
The Company reiterates its record revenue guidance for Q1 2024 ANAHEIM, CA / ACCESSWIRE / August 14, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reiterated its guidance for the first quarter of 2024. The Company expects to report a record $9.4 million in revenue for the first quarter, exceeding the previously issued guidance range of $8 million to $9 million.
The Company has rescheduled its Q1 earnings call to August 15 ANAHEIM, CA / ACCESSWIRE / July 11, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced updated guidance for the first quarter of 2024. The Company now expects to report a record $9.4 million in revenue for the first quarter, exceeding the previously issued guidance range of $8 million to $9 million.
ANAHEIM, CA / ACCESSWIRE / June 20, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has rescheduled its first quarter 2024 earnings call to Thursday, July 11, 2024, at 4:30 p.m. ET. Event: Phoenix Motor First Quarter 2024 Financial Results Conference Call Date: Thursday, July 11, 2024 Time: 4:30 p.m.
ANAHEIM, CA / ACCESSWIRE / June 6, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that it has rescheduled its first quarter 2024 earnings call to Thursday, June 20, 2024, at 4:30 p.m. ET. Event: Phoenix Motor First Quarter 2024 Financial Results Conference Call Date: Thursday, June 20, 2024 Time: 4:30 p.m.
What type of business is Phoenix Motor?
Phoenix Motor Inc. designs, develops, manufactures, assembles, and integrates electric drive systems, and light and medium duty electric vehicles in the United States and internationally. It provides chargers, electric forklifts, shuttle buses, Type A school buses, utility and service trucks, flatbed and cargo trucks, and walk-in vans. The company offers its products under the Phoenix Motorcars and EdisonFuture brand names. It also engages in the sale and leasing dealership of material handling products including electric lithium-ion forklifts and pallet jacks. It serves medium-duty fleet customers, including utilities, cities, municipalities, transit agencies, airports, hotels, seaports, school districts, parking companies, universities, and corporate campuses. The company was founded in 2003 and is headquartered in Anaheim, California.
What sector is Phoenix Motor in?
Phoenix Motor is in the Consumer Cyclical sector
What industry is Phoenix Motor in?
Phoenix Motor is in the Auto Manufacturers industry
What country is Phoenix Motor from?
Phoenix Motor is headquartered in United States
When did Phoenix Motor go public?
Phoenix Motor initial public offering (IPO) was on 08 June 2022
What is Phoenix Motor website?
https://www.phoenixmotorcars.com
Is Phoenix Motor in the S&P 500?
No, Phoenix Motor is not included in the S&P 500 index
Is Phoenix Motor in the NASDAQ 100?
No, Phoenix Motor is not included in the NASDAQ 100 index
Is Phoenix Motor in the Dow Jones?
No, Phoenix Motor is not included in the Dow Jones index
When was Phoenix Motor the previous earnings report?
No data
When does Phoenix Motor earnings report?
Next earnings report date is not announced yet