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PhoenixEV Announce Strategic Partnership with Powers Parts
Accessnewswire· 2025-12-20 00:10
Core Insights - Phoenix Motor Inc. has announced a strategic partnership with Powers Parts to enhance parts availability and service support for electric buses across North America and Canada [1][2][3] Company Overview - Phoenix Motor Inc. is focused on zero-emission commercial transportation, offering a range of electric vehicles including transit buses and delivery vans [6][7] - The company operates under two brands: PhoenixEV for the American market and EdisonFuture for international markets [6] Partnership Details - Powers Parts will distribute OEM-approved replacement parts and provide expanded service support, reinforcing PhoenixEV's commitment to high-quality electric bus performance [2][3] - The partnership aims to ensure timely access to critical components, maximizing uptime and operator satisfaction for transit agencies and fleet operators [3][4] Strategic Goals - The collaboration is intended to enhance customer service responsiveness and maintain quality standards, as stated by PhoenixEV's VP of Global Operations [4] - Powers Parts is recognized as a trusted distributor for multiple OEM suppliers in the electric bus sector, further solidifying the partnership's effectiveness [4][8] Future Outlook - PhoenixEV will continue to manage all factory warranties while benefiting from the additional service support provided by Powers Parts [5] - The company aims to expand its service and support network across North America through this strategic alignment [5]
Clean Energy Fuels Corp. (CLNE) to Construct Second Hydrogen Fueling Station for Foothill Transportation
Yahoo Finance· 2025-10-15 11:16
Core Insights - Clean Energy Fuels Corp. (NASDAQ:CLNE) is recognized as one of the top oil and gas penny stocks, driven by hedge fund interest and significant upside potential [1] Group 1: Hydrogen Fueling Stations - Clean Energy Fuels Corp. announced the construction of a second hydrogen fueling station for Foothill Transportation, with a budget of $11.3 million, partially funded by federal grants [2] - The new station will be located at Foothill's Arcadia bus yard and will support 19 new hydrogen fuel cell buses [2] - The first hydrogen station at Pomona has been operational since June 2023, serving 33 buses, highlighting a long-term collaboration of over 20 years between the two organizations [3] Group 2: Renewable Natural Gas (RNG) Production - The company is also constructing three RNG production plants in collaboration with Mass Energy Works, with a total investment of $80 million [3] - These plants, located on dairy farms in South Dakota, Georgia, Florida, and New Mexico, are expected to produce three million gallons of RNG annually starting in 2026 [3] - The RNG produced will supply over 600 fueling stations across the United States [3] Group 3: Market Position - Clean Energy Fuels Corp. is the largest supplier of renewable natural gas for transportation in North America, with fueling stations strategically located throughout the U.S. and Canada [4]