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Phoenix Motor Expects Up to $9 Million in Q1 Revenue
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Phoenix Motor Expects Up to $9 Million in Q1 Revenue
Apr 15, 2024 2:27 AM

05:04 AM EDT, 04/15/2024 (MT Newswires) -- Phoenix Motor ( PEV ) said Monday it expects Q1 revenue to reach a record $8 million to $9 million, up from $1.8 million a year earlier.

The company attributed the expected revenue growth to a number of strategic initiatives, including the launch of new products and its acquisition of Proterra's transit business.

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