Phoenix Motorcars Enables V2G Capability in Partnership with Fermata Energy for All Bus & Truck Customers
Portfolio Pulse from Benzinga Newsdesk
Phoenix Motor Inc. (NASDAQ:PEV) has partnered with Fermata Energy LLC to successfully integrate Vehicle-to-Grid (V2G) capabilities for all medium-duty electric vehicles manufactured by Phoenix Motorcars. This partnership enables Phoenix to offer V2G capabilities to all bus and truck customers.
October 17, 2023 | 11:05 am
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Phoenix Motor Inc.'s partnership with Fermata Energy to integrate V2G capabilities into its medium-duty electric vehicles could potentially increase the attractiveness of its products to customers.
The integration of V2G capabilities into Phoenix Motor Inc.'s medium-duty electric vehicles could potentially increase the attractiveness of its products to customers, leading to increased sales and potentially a positive impact on its stock price.
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