Phoenix Motorcars Enters Electric School Bus Market With Order for 10 Zero Emission Buses from District of Columbia
Portfolio Pulse from Benzinga Newsdesk
Phoenix Motorcars, a subsidiary of SPI Energy Co. Ltd., has received an order for 10 zero-emission school buses from the District of Columbia. This marks Phoenix Motorcars' entry into the electric school bus market.
September 13, 2023 | 11:05 am
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SPI Energy's subsidiary, Phoenix Motorcars, has received an order for 10 electric school buses from the District of Columbia, marking its entry into the electric school bus market.
The news of Phoenix Motorcars, a subsidiary of SPI Energy, receiving an order for 10 electric school buses from the District of Columbia is directly relevant to SPI Energy. This marks Phoenix Motorcars' entry into the electric school bus market, which could potentially open up a new revenue stream for SPI Energy. Therefore, this news is likely to have a positive impact on SPI Energy's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100