Phoenix Motor Inc V.PEV

Primary Symbol: PEV

Consumer Cyclical Auto Manufacturers

Phoenix Motor Inc., doing business as Phoenix Motorcars, is an electrification solutions provider for the commercial vehicle industry as well as other industries. The Company operates through its wholly owned subsidiaries, Phoenix Cars LLC, Phoenix Motorcars Leasing LLC, and EdisonFuture Motor, Inc. It designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium duty electric vehicles (EVs). It operates two primary brands, Phoenix Motorcars, which is focused on commercial products including medium duty electric vehicles, chargers and electric forklifts, and EdisonFuture which intends to offer light-duty electric vehicles. It sells its products both fully integrated into complete vehicles and in kit form to other business partners for integration into complete vehicles. The Company is engaged in the production of its third generation (Gen 3) drivetrain (E-300), offering up to 160 miles in range.

NDAQ:PEV - Post by User

Phoenix Motor Inc > Upward Movement

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Comment by maoaeon Mar 16, 2010 8:07am

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Post# 16886379

RE: Upward Movement

There are 91mm shares outstanding. That is $15mm market cap for half the merged companies. So the combined companies market cap would be $30mm. We need to wait to see how much revenu has "Wildcharge"to evaluate the new company. I am a little worry there is not many buyers.

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