**Electric Vehicle Pioneer Unveils Stellar Q1 2024 Performance**
On Thursday, October 3, 2024, Phoenix Motor Inc. (NASDAQ:PEV) hosted its highly anticipated First Quarter 2024 Earnings Conference Call, featuring an esteemed panel of executives. The call was led by CEO Denton Peng, alongside CFO Michael Yung, COO Lewis Liu, and CCO Jose Paul.
Prior to the presentation, the operator reminded participants that the discussion would include forward-looking statements, which are subject to certain risks and uncertainties. These statements are protected under the Private Securities Litigation Reform Act of 1995 and are based on information available as of October 3, 2024. The company emphasized that it does not intend to update these statements in light of future events or circumstances.
Denton Peng, CEO of Phoenix Motor, kicked off the call by expressing his enthusiasm for sharing the company’s remarkable achievements in Q1 2024. The strategic acquisition of a leading zero-emission bus manufacturer in the U.S. has significantly bolstered Phoenix Motor’s capabilities, solidifying its position as a market leader in electric transit buses. With over 1,000 buses delivered and a substantial 40% market share in North America, the company is poised for continued growth and success.
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