Phoenix Motor is a holding company. Through its subsidiaries, Co. designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles and markets and sells electric vehicle chargers for the commercial and residential markets. Co. operates two primary brands, Phoenix Motorcars, which is focused on commercial products including medium duty electric vehicles, chargers and electric forklifts, and EdisonFuture, which provides light-duty electric vehicles. Co. sells its products both fully integrated into complete vehicles and in kit form to other business partners for integration in the same vehicle platforms. The PEV YTD return is shown above.
The YTD Return on the PEV YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether PEV YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PEV YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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