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EV Maker Phoenix Motor Files for IPO

Anaheim electric vehicle maker Phoenix Motor Inc. has filed plans for a $150 million initial public offering.

The company makes light and medium duty electric vehicles, in addition to EV chargers and serves both commercial and residential customers.

Its first vehicle delivery was in 2014.

Phoenix said it plans to trade on the Nasdaq under the ticker PEV.

For more, see the Dec. 6 print edition of the Business Journal.

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