Phoenix's EdisonFuture Plans to Accept Payment in Bitcoin [Yahoo! Finance]
Phoenix Motor Inc. (PEV)
Company Research
Source: Yahoo! Finance
for medium-duty vehicles, today announced that its EdisonFuture subsidiary plans to accept Bitcoin as a payment option for its customers to pay for EdisonFuture brand electric pick-up trucks and delivery vans, once those products become available in the market. The company conducted market research and discovered that there was a growing interest around bitcoin which was accelerated by the coronavirus pandemic and complex geopolitics. This informed our decision to allow customers to pay for our products and services using bitcoin, and to better meet the growing demand for Web 3 and Artificial Intelligence in the near future. "We're always looking for ways to improve and expand our services. This move represents an investment in the company's digital future in response to growing customer demand for more choice when it comes to payments", said Denton Peng, Chairman and CEO of Phoenix Motorcars. About Phoenix Motor Inc. Phoenix Motor Inc., a pioneer in the electric vehicle ("EV"
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PEV
News
- Phoenix Motor Strengthens Capital Structure by Negotiating Key Waiver with Note Holder [Yahoo! Finance]Yahoo! Finance
- Phoenix Motor Strengthens Capital Structure by Negotiating Key Waiver with Note HolderAccesswire
- Phoenix Motor Partners with Cennatic for Commercial EV Battery Solutions [Yahoo! Finance]Yahoo! Finance
- Phoenix Motor Partners with Cennatic for Commercial EV Battery Solutions Accesswire
- Phoenix Motor Expects to Report $14 Million to $16 Million Revenue in Q2 2024 [Yahoo! Finance]Yahoo! Finance
PEV
Sec Filings
- 4/26/24 - Form 8-K
- 4/18/24 - Form 8-K
- 4/18/24 - Form 8-K
- PEV's page on the SEC website