ATIF Holdings invests in Phoenix Motor.

Auto Business News-June 23, 2022--ATIF Holdings invests in Phoenix Motor

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Auto Business News - 23 June 2022

ATIF Holdings Limited (Nasdaq: ATIF), a holding company providing business and financial consulting services in Asia and North America, has invested in Phoenix Motor Inc. (Nasdaq: PEV) a US-based electric drive system and vehicle maker.

Phoenix Motor was founded in 2003. It converts light- and medium-duty commercial vehicles into EVs for various service and government fleet markets and serves a broad spectrum of commercial fleet customers.

Jun Liu, president, ATIF chairman of the board and CEO, said, 'We are excited to be an investor in Phoenix Motor Inc., based on my strong belief in their...

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