ANAHEIM, CA - Phoenix Motor Inc. (NASDAQ:PEV), a prominent player in the electric vehicle (EV) market, has announced a new order from Raleigh Durham International Airport (RDU) for six zero-emission battery electric buses. The order follows Phoenix's recent acquisition of the Proterra Transit business line and represents the first formal order for their fifth-generation 40' ZX5+ buses.
RDU, which reported a record 14.5 million passengers in 2023, has embraced the shift towards sustainability, integrating EV technology in line with its Sustainability Management Plan. The new Phoenix buses will serve to shuttle passengers between parking lots and airport terminals, contributing to the airport's efforts to reduce greenhouse gas emissions.
The six buses were produced in Greenville, South Carolina, and are expected to be delivered later this month. Phoenix Motor's CEO, Denton Peng, expressed enthusiasm for the continued partnership with RDU, highlighting the company's legacy in providing airport transportation solutions.
Phoenix Motor Inc. has a diverse portfolio including heavy-duty transit buses, as well as medium and light-duty commercial EVs under its Phoenix and EdisonFuture brands. The company's mission is to lead in the design, development, and manufacturing of EVs and related technologies.
This press release contains forward-looking statements, which involve significant risks and uncertainties. The company's future results could materially differ from those anticipated in these statements due to various factors, including the need for additional capital, market demand, and supply chain challenges.
The information in this article is based on a press release statement from Phoenix Motor Inc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.