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Phoenix Motor Announces Board Approval of $5 Million Share Repurchase Program
ANAHEIM, CA / ACCESS Newswire / March 25, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up to $5 million of its outstanding common stock.
Power Ford Celebrates 8th Consecutive Cars.com Award as New Mexico's Top Ford Dealer for Exceptional Customer Experience
Power Ford's distinction as the highest-rated Ford dealership in New Mexico highlights the team's relentless commitment to customer care. "Local dealerships are the backbone of the automotive industry," said Jamie Oldershaw, Vice President of Customer Experience at Cars.com. "Power Ford stood out among its peers by demonstrating exceptional responsiveness, transparency, and dedication to superior customer interactions."
Join Phoenix Motor's Exclusive Live Investor Webinar and Q&A Session on May 6
ANAHEIM, CA / ACCESS Newswire / March 24, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on May 6, 2025, at 4:15 p.m. ET.
Phoenix Motor Inc. Announces Postponement of Annual Stockholders Meeting
ANAHEIM, CA / ACCESS Newswire / March 21, 2025 / Phoenix Motor Inc. (Nasdaq:PEV) (the "Company") today announced that it has decided to postpone the Annual Meeting of Stockholders, which was originally scheduled for 11:00 AM Pacific Time today, March 21, 2025. The Company opted to delay the meeting to a future date, which will be determined and announced in due course. The Company will provide updated information regarding the new date for the Annual Meeting and, if necessary, a new record date, as soon as it becomes available.
Phoenix Motor's EdisonFuture International Signs Strategic Cooperation Agreement with Guorun Venture Capital for RMB 1 Billion M&A Fund to Establish EV Manufacturing Sites in China
ANAHEIM, CA / ACCESS Newswire / March 20, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced that its wholly-owned subsidiary, EdisonFuture International Co., Ltd. ("EdisonFuture International"), has entered into a strategic cooperation agreement with Beijing Guorun Venture Capital Co., Ltd. ("Guorun") to establish a specialized RMB 1 billion (approximately USD 140 million) M&A investment fund to support the acquisition and development of EV manufacturing sites in China.
Phoenix Motor Expands Autonomous Technology Initiative with Development of Package Pickup and Delivery Robots
ANAHEIM, CA / ACCESS Newswire / March 19, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a groundbreaking initiative to develop autonomous robots designed for package pickup and last-mile delivery. This new program builds upon the company's recently announced autonomous food and beverage delivery vehicle initiative, expanding its vision for the future of smart logistics.
Phoenix Motor Announces $6 Million Loan Financing Agreement to Support Expansion and Production Growth
ANAHEIM, CA / ACCESS Newswire / March 19, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced it has secured a $6 million loan financing agreement with J.J. Astor & Co. The funding will support Phoenix Motor's expansion efforts, including increased operations and production to fulfill pending orders for electric transit buses.
Victory Marine Holdings Signs LOI with Orion SV for Italian-Designed LSV Golf Carts
Italian-Designed, U.S.-Built Luxury EV Golf Carts Set to Redefine the LSV Market
PhoenixEV and Noodoe Announce Strategic Collaboration to Advance Electric Mobility for Transit Buses and Medium-Duty Vehicles
ANAHEIM, CA / ACCESS Newswire / March 18, 2025 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic partnership with Noodoe, a leading global provider of advanced AI-driven EV charging software and energy management solutions, aimed at accelerating innovation and sustainability in zero-emissions electric transportation.
AmeriTrust Upgrades OTC Listing To OTCQB
TORONTO, ONTARIO / ACCESS Newswire / March 10, 2025 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZVA) ("AmeriTrust" or the "Company"), a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry, is pleased to announce that it has received approval for trading its common shares on the OTCQB Market (the "OTCQB") under the symbol AMTFF effective today, March 10th, 2025. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "AMT".
Vision Marine Technologies Expands E-Motion(TM) Innovations with Patent Filing for Adaptive Water Pump Control
MONTREAL, QUEBEC / ACCESS Newswire / March 10, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, announces the filing of a new patent application with Kennedy Lenart Spraggins, LLP. for Adaptive Control of a Water Pump in a Marine Propulsion System.
Glide Xpress Car Wash Marks Historic Month With Six Grand Openings
Free Car Wash Events and Special $10 Unlimited Membership Offer Available at Each Ribbon Cutting
Phoenix Motor Expects Record Revenue Growth and Profitability in 2024, With Further Expansion in 2025
Company forecasts $30M+ revenue and positive net income in 2024, with 2025 revenue targeted at $40M-$50M
Vision Marine Technologies Affirms Resilience Amid U.S.-Canada Trade Tariffs
With established U.S. operations and a skilled workforce in electric marine propulsion, Vision Marine is well-prepared to navigate the evolving trade landscape. The Company has maintained a strong presence in the United States for years, operating through its two established entities and employing highly qualified technicians specialized in electric boat systems. This foundation positions Vision Marine remains to continue delivering innovative solutions to its customers while minimizing exposure to shifting trade policies.
Envirotech Vehicles, Inc. Announces Delivery of Two Vehicles Against $5,275,200 NJ ZIP Pipeline
OSCEOLA, AR / ACCESS Newswire / March 4, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) (the "Company" or "Envirotech") today announced that the Company has delivered two high roof vans to a New Jersey small fleet operator that has been awarded vouchers under the New Jersey Zero Emission Incentive Program ("NJ ZIP"). The delivery represents $218,000 in revenue against the Company's projected NJ ZIP pipeline of $5,275,200, which represents the aggregate revenue that may be generated by the Company if all customers that have been awarded vouchers to purchase an Envirotech vehicle through the NJ ZIP elect to purchase a vehicle through this program.
Vision Marine Technologies Inc. Signs Global Exclusive Supply Agreement With STERK for Electric Boats
Under the agreement, Vision Marine may exclusively integrate its E-Motion™ 180E electric propulsion system into certain STERK boats, facilitating a seamless and high-performance electric boating experience. This collaboration marks a significant milestone in Vision Marine's European expansion strategy, as STERK boats are to be assembled in Germany using Vision's Marine's battery packs.
AmeriTrust Announces Hiring of Data Scientist and Launch of AI Initiatives
TORONTO, ON / ACCESS Newswire / February 24, 2025 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTC PINK:PWWBF)(Frankfurt:1ZVA) ("AmeriTrust" or the "Company"), a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry, is pleased to announce the appointment of Mozhgan Parsa, PhD, to the position of Data Scientist. Mozhgan has a strong background in machine learning engineering, data science, and AI research. She will work with Xia Zhang, CTO, and Sean Severin, CIO, to integrate Artificial Intelligence functionality into AmeriTrust's proprietary lease and loan finance technology.
Phoenix Motor Surpasses 60 million Zero-Emission Miles Driven
ANAHEIM, CA / ACCESS Newswire / February 24, 2025 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced it has surpassed 60 million zero-emission miles driven across its product lineup.
Vision Marine Technologies Strengthens E-Motion(TM) Line With New Outboard PCU Patent Filing
The patent application reinforces Vision Marine Technologies' role in advancing electric marine propulsion technology. The newly developed Outboard PCU autonomously manages propulsion parameters and cooling operations, delivering enhanced efficiency and reliability. Leveraging a dual-CAN bus architecture, the PCU promotes seamless communication with both internal sensors and actuators within the outboard engine housing and external vessel control units (VCU). This architecture enables real-time autonomous control of the electric motor, increasing performance while maintaining robust safety protocols and scalability.
Vision Marine Technologies Announces Approval of Stock Repurchase Program
Alexandre Mongeon, Co-Founder and Chief Executive Officer of Vision Marine, commented:"The Board of Directors recognizes the challenges faced by microcap stocks in the current market environment. While Vision Marine has made significant strides in the electrification of marine transportation, we believe our stock price does not accurately reflect the Company's value and long-term potential. We believe that the implementation of a stock repurchase program would take a strategic step to enhance shareholder value and demonstrate confidence in our vision to lead the industry with our industrialized, turnkey electric powertrain solutions."
Vision Marine Technologies Strengthens Partnership with Electrified Marina to Propel Electric Boating on the East Coast
Co-founded by Erick Pinzon, Jr., a former Tesla service and charging infrastructure specialist, Electrified Marina has become a key player in the electric boating sector. Known for its deep industry knowledge, Electrified Marina has built a strong reputation by selling and operating both high-powered electric boats and low-powered electric cruisers, making electric boating accessible to a diverse range of customers.
Phoenix Motor Announces Formation of EdisonFuture International Co., Ltd. to Expand Global Electric Vehicle Business
ANAHEIM, CA / ACCESS Newswire / February 18, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the formation of EdisonFuture International Co., Ltd., a wholly-owned subsidiary based in Hong Kong. This new entity will focus on international opportunities, leveraging Phoenix Motor's advanced EV technologies and brand strengths to expand into global markets.
Vision Marine Technologies to Present New 180E-Integrated Boats at Carefree 2025 Carefree Boat Club Annual Conference
Vision Marine will showcase new rental-ready electric boats, most notably a 22' dual console boat and a 30' pontoon, both powered by the E-Motion™ 180E HV Electric Powertrain technology. These newly integrated models will be available for sea trials and orders, offering Carefree Boat Club operators a firsthand experience of the turnkey electric solutions designed to elevate rental and membership-based boating experiences.
Phoenix Motor Regains Compliance with Nasdaq Listing
ANAHEIM, CA / ACCESS Newswire / February 14, 2025 / 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 received confirmation from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires timely filing of periodic financial reports with the Securities and Exchange Commission ("SEC").
Join Phoenix Motor’s Exclusive Live Investor Webinar and Q&A Session on March 6
ANAHEIM, CA / ACCESS Newswire / February 13, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is pleased to invite investors to a webinar on March 6, 2025, at 4:15 p.m. ET.
Envirotech Vehicles, Inc. (NASDAQ:EVTV) Announces Move To Houston, Texas And Expansion of U.S. Operations And Manufacturing Capabilities
Electric Vehicle Technology, Innovation & Sustainability
Vision Marine Expands Partnership With Aileron Residences to Launch Electric Boat Rentals and Retail Hub in South Florida
This partnership provides Vision Marine with essential dock space and storage, allowing for a phased rollout of rental operations with on-site Company presence. Additionally, Vision Marine intends to open its new point of sale ("POS") location to strengthen its foothold in the Florida market by providing early exposure to its products and services, which is expected to solidify its long-term growth strategy."This partnership marks a significant step in integrating electric boating into luxury real estate" said Maxime Poudrier, Head of Growth & Strategic Partnerships at Vision Marine Technologies. "Aileron Residences expects to set a new standard by offering not only seamless access to our electric boat club but also a platform for introducing cutting-edge 180E E-Motion electric boats. This location will serve as a launchpad for innovative electric boating solutions, redefining the marine experience with minimal environmental impact."
Envirotech Vehicles, Inc. (NASDAQ:EVTV) Reaffirms Commitment to American Manufacturing Amid Shifts in Federal EV Policies
Electric Vehicle Technology, Innovation & Sustainability
Vision Marine Technologies Appoints Pierre-Yves Terrisse to Board of Directors to Strengthen Financial and Strategic Expertise
Mr. Terrisse has been a trusted advisor and strategic contributor to Vision Marine for the past three years, bringing invaluable financial insight and market expertise as the Company navigated its growth in the electric marine sector. With over 25 years of experience in capital markets, financial analysis, and corporate development, his deep knowledge of the technology and industrial sectors has already played a key role in shaping Vision Marine's strategy. His formal appointment to the Board underscores the essential role he has played and will continue to play in guiding the Company's evolution and expansion.
Vision Marine Technologies Files Patent Application for Distributed Control System Architecture in Electric Marine Vessels
Enhancing Efficiency, Scalability, and Performance in High-Voltage Electric Powertrains
Local Automotive Leader George Haddad Honored as TIME Dealer of the Year Finalist
Haddad's journey in the automotive industry is steeped in family legacy and hard work. "From watching my father build a dealership to now owning multiple stores, my career has been fueled by a passion for the industry, dedication to my community and employees, and a commitment to growth and customer service," Haddad said. His early experiences - from selling his first car at age 15 to working in every department of his family's business - have shaped his leadership and commitment to excellence.
Phoenix Motor Announces New Autonomous Vehicle Development for Food and Beverage Delivery
ANAHEIM, CA / ACCESS Newswire / February 6, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic initiative to develop autonomous electric vehicles tailored for the food and beverage delivery industry. This initiative will commence with a pilot project in collaboration with a Silicon Valley-based food delivery service company in California.