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Stock impact report

Phoenix Sells 6 All-electric Transit Buses to Raleigh Durham International Airport for Delivery Later this Month [Yahoo! Finance]

Phoenix Motor Inc. (PEV) 
Company Research Source: Yahoo! Finance
buses and electrification solutions provider for medium-duty vehicles, announced today that repeat customer Raleigh Durham International Airport (RDU) has placed an order for six zero emission Phoenix battery electric buses, marking Phoenix's first formal order after acquiring the Proterra Transit business line. In 2023, RDU served a record of 14.5 million passengers and RDU will soon be receiving and serving passengers with Phoenix's fifth-generation 40' ZX5+ buses. The buses will be used to transport passengers to and from the park and ride lots and airport terminals at RDU. Brian McLean, RDU's Fleet Manager, said "RDU is excited about introducing more EV technology into the fleet, which aligns with our Sustainability Management Plan. We want to do our part in decreasing greenhouse gases." The six ZX5+ buses were manufactured in Greenville, South Carolina and Phoenix looks forward to continuing its longstanding relationship with RDU to deliver these buses later this month. "We Show less Read more
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