Phoenix Motor Inc. Announces Timing of Second Quarter 2022 Financial Results and Conference Call
August 09 2022 - 05:46PM
Business Wire
Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix
Motorcars”), a leader in manufacturing of all-electric, medium-duty
vehicles, today announced it will release its results for the
second quarter of 2022 after market close on Monday, August 15,
2022. This release will be followed by a conference call for
investors at 5:00 p.m. Eastern Time on the same day.
The conference call will feature prepared remarks from Dr. Lance
Zhou, Chief Executive Officer, Chris Wang, Chief Financial Officer,
and Mark Hastings, SVP & Head of Investor Relations. The call
may be accessed via the information below:
Event: Phoenix Motorcars Q2 2022 Financial Results
Conference Call Date: Monday, August 15, 2022 Time:
5:00 p.m. Eastern Time Live Call: +1-888-660-6373 (U.S.
Toll-Free) or +1-929-203-1975 (International) Conf. ID:
3457210
About Phoenix Motor Inc.
Phoenix Motor Inc., a pioneer in the electric vehicles (“EVs”)
industry, through its wholly owned subsidiaries, designs,
assembles, and integrates electric drive systems and light and
medium duty EVs and markets and sells electric vehicle chargers for
the commercial and residential markets. Phoenix operates two
primary brands, “Phoenix Motorcars” focused on commercial products
including medium duty EVs, chargers and electric forklifts, and
“EdisonFuture” which intends to offer light-duty EVs. As an EV
pioneer, the Company delivered its first commercial EV in 2014 and
deployed the very first zero emission airport shuttle bus at the
Los Angeles International Airport (“LAX”); the LAX fleet has grown
to 39 electric shuttle buses, one of the largest of its kind. Los
Angeles Air Force Base in El Segundo and NASA’s Jet Propulsion
Laboratory in Pasadena, California are among customers for the
Company’s first generation E Series Zeus EVs. Phoenix intends to be
a leading designer, developer and manufacturer of electric vehicles
and electric vehicle technologies. For more information, please
visit: www.phoenixmotorcars.com and www.edisonfuture.com.
Forward-Looking Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
“may,” “will,” “intend,” “should,” “believe,” “expect,”
“anticipate,” “project,” “estimate” or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. No assurance can be given that the net
proceeds of the Offering will be used as indicated. Forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties that may cause the actual results to differ
materially from the Company’s expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company’s ability to convert concept trucks and vans
into production and sales; the Company’s product development
timeline and expected start of production; development of
competitive trucks and vans manufactured and sold by the Company’s
competitors and major industry vehicle companies; the Company’s
ability to scale in a cost-effective manner; the Company’s future
capital requirements and sources and uses of cash; the Company’s
ability to obtain funding for its future operations; the Company’s
financial and business performance; changes in the Company’s
strategy, future operations, financial position, estimated revenues
and losses, projected costs, prospects and plans; the
implementation, market acceptance and success of its business
model; expectations regarding the Company’s ability to obtain and
maintain intellectual property protection and not infringe on the
rights of others; and other risks contained in the Offering
prospectus and reports filed by the Company with the SEC. For these
reasons, among others, investors are cautioned not to place undue
reliance upon any forward-looking statements in this press release.
Additional factors are discussed in the Company’s filings with the
SEC, including those set forth in the Risk Factors section of the
Company's registration statement and Offering prospectus, which are
available for review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances that arise after the date
hereof.
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version on businesswire.com: https://www.businesswire.com/news/home/20220809006087/en/
Investor Relations Contacts: Mark Hastings, SVP &
Head of Investor Relations Sioban Hickie, ICR Inc.
PhoenixIR@icrinc.com
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