{"id":12372,"date":"2022-06-07T15:51:40","date_gmt":"2022-06-07T12:51:40","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=12372"},"modified":"2024-04-15T13:51:56","modified_gmt":"2024-04-15T10:51:56","slug":"ipo-of-phoenix-motor-another-electric-car-maker-is-going-public","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2022\/06\/07\/ipo-of-phoenix-motor-another-electric-car-maker-is-going-public\/","title":{"rendered":"IPO of Phoenix Motor: Another Electric Car Maker Is Going Public"},"content":{"rendered":"\n

Oil<\/a> prices are breaking all possible highs and have moved very close to the peaks of 2008. At the same time, retail fuel prices are also skyrocketing. That’s why car owners often consider the option to stop using vehicles with gasoline and diesel engines. Electric car makers confirm a surge in demand for their products.<\/p>\n\n\n\n

In today's article, we'll take a closer look at the company that's engaged in the development and production of different all-electric vehicles, Phoenix Motor Inc., which is planning to go public on the on 7 June under the “PEV” ticker symbol.<\/p>\n\n\n\n

\"IPO<\/a><\/figure>\n\n\n\n

<\/span><\/a>What we know about Phoenix Motor<\/span><\/h2>\n\n\n\n

Phoenix Motor designs and produces zero-emission, all-electric vehicles, including school buses, trucks, and pickups. In addition, the company manufactures chargers and infrastructure, and also develops a new commercial vehicle platform.<\/p>\n\n\n\n

\"Business<\/a>
Business of Phoenix Motor<\/em><\/figcaption><\/figure>\n\n\n\n

Phoenix Motor Inc. consists of Phoenix Cars LLC, Phoenix Motorcars Leasing LLC, and EdisonFuture Motor Inc. The company’s two major brands are Phoenix Motorcars and EdisonFuture.<\/p>\n\n\n\n

The first brand is focused on commercial products, such as electric forklifts, trucks, and school buses, while the second one offers light electric vehicles. In the future, the company is planning to manufacture medium-duty electric trucks.<\/p>\n\n\n\n

\"Business<\/a>
Business of Phoenix Motor<\/em><\/figcaption><\/figure>\n\n\n\n

The company’s key offers are:<\/p>\n\n\n\n