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Phoenix Motor is a speculative EV play. PEV's current business is not scalable, but its intention to develop an electric pickup and van have great potential. The current market environment is not the best for start-up companies in the EV sector, a better entry point may appear in ...
EV maker Phoenix Motor (NASDAQ:PEV) stock shot up 35% in pre-market trading on Thursday after closing 71% higher on Wednesday. Shares of the electric vehicle, charger and powertrain maker recently changed hands at $7.80, up 35%, at approximately 9:00 a.m. ET. The stock closed at $5.83 on Wedn...
Newly public EV maker Phoenix Motor (NASDAQ:PEV) saw its stock rocket 45% on Wednesday, but the shares are still trading about 34% below their initial public offering price. Shares of Phoenix, which is a spinout of SPI Energy (SPI), opened at $3.51, recently changing hands at $4.97, up 45%, a...
EV maker Phoenix Motor (PEV) stock tumbled 39% following its downsized $15.8M initial public offering on Wednesday. Shares of PEV, which is a spinout of SPI Energy (SPI), opened at $6.50 per share after being priced at $7.50. The stock recently changed hands at $4.60, down 39%, at approximate...
An electric drive system and vehicle maker and a subsidiary of SPI Energy (SPI), Phoenix Motor (PEV) has priced its initial public offering of 2.1M shares of common stock at $7.50 per share, for total gross proceeds of $15.75M. Shares approved to be listed on Nasdaq and are ex...
SACRAMENTO, CA / ACCESSWIRE / May 24, 2022 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers, today announced its SPI...
SACRAMENTO, CA / ACCESSWIRE / May 23, 2022 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers, today announced that th...
SPI Energy (NASDAQ:SPI) has appointed 20-years industry veteran William Chen as COO of SolarJuice. Most recently, he was COO of Galkos Construction, one of the largest residential solar integrators in the US, for more than 10 years. Shares of SPI are up 2.05% after-hours. For furt...
New COO brings 10+ years of industry experience leading one of the largest residential solar integrators in the US SACRAMENTO, CA / ACCESSWIRE / May 18, 2022 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar storage and electri...
China-linked American EV startup Phoenix Motor has slashed the fundraising target for its U.S. IPO to $20 million from a previous $150 million. The money-losing company has only sold 104 EVs since its inception and says the latest fundraising target can finance its operations for just...
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